Merchandising Business is a business engaged in a buying and selling of goods or products. Also, "trading" and "retailing" describes a merchandising business.
The primary product of this business is the "merchandise" items it sells. Meaning, there's a presence of physical products which are being purchased and sold.
This business in order to earn, the entity buys goods and adds markup or profit to the cost of goods then sells them to the customers.
Operating Cycle of a Merchandising Business
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