A Merchandiser That Sells Directly to Consumers Is a

question 48

Multiple Choice

A merchandiser that sells directly to consumers is a

• A)retailer.
• B)wholesaler.
• C)broker.
• D)service enterprise.

---

Definitions:

Intangible Assets

Assets that cannot be physically touched but have value such as intellectual property, patents, and trademarks.

Sub-classifications

Specific categories within a broader class that help in organizing data, information, or resources more precisely.

Current Assets

Assets expected to be converted into cash, sold, or consumed within one year or within the normal operating cycle of the business.

Financial Statements

Compiled financial data from a company, including the income statement, balance sheet, statement of cash flows, and statement of changes in equity, providing insight into its financial health.