Both but mostly merchandising company
Publix is a retail merchandiser.
Manufacturing companies focus on converting raw material into marketable products while merchandising companies focus on buying the finished product from the manufacturers
Merchandising. I don't believe Staples manufactures any product. If products have a Staples name brand, these products were probably produced by another major company's excess manufacturing capacity.
apple
Purchase cost is the cost of inventory in case of manufacturing company and cost or goods for resale purpose in case of merchandising company.
merchandising
difference between services enterprise and merchandising enreprise and manufacturing enterprise
The Apple Company is located in Cupertino, California, in the US, not Japan. There are manufacturing companies located in Asia, but the primary Apple ones are in Taiwan, not Japan.
An example of a manufacturing company would be Apple inc. because it manufactures technology products, Hope this helps
service - none merchandising - freight costs, closing inventory manufacturing - direct material, direct labor, freight cost, manufacturing overhead
Merchandising companies do not calculate the raw materials placed in production or cost of goods manufactured. Merchandisers purchase goods from suppliers instead of manufacturing goods. The cost of these purchases from suppliers is often called net purchases in the income statement, in contrast to cost of goods manufactured in a manufacturer’s income statement. The net purchases line consists of purchases, purchases returns and allowances, purchases discounts, and freight in. Merchandisers do not use the schedule of cost of goods manufactured (and related schedule of raw materials placed in production). Merchandisers use an account called merchandise inventory, or simply inventory, instead of finished goods inventory. This reflects that merchandisers do not produce goods.
list & describe the 3 form of business? describe each of the 3 types (service, merchandising & manufacturing) of business operation? Explain the difference between manufacturing & merchandising?