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C. L. Morgan attempted to describe the most complex animal behavior as:
Merchandise
Goods procured by a business for the purpose of resale to customers.
Inventory
The total amount of goods and materials held by a company intended for sale or to be used in the production of goods sold.
Periodic Inventory System
The periodic inventory system is an accounting method where inventory is physically counted at specific intervals and adjustments are made to the inventory records accordingly.
Net Income
The total profit of a company after all expenses, taxes, and costs have been subtracted from total revenues, indicating the company's financial health over a period.
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