Which Line Item Would Be Found on a Merchandiser's Balance

question 53

Multiple Choice

Which line item would be found on a merchandiser's balance sheet and not on a service firm's?

• A) Supplies
• B) Cost of Goods Sold
• C) Inventory

---

Definitions:

Cost Leader

A strategy where a company becomes the most competitive in the market by having the lowest operating costs.

Walmart

A multinational retail corporation that operates a chain of hypermarkets, discount department stores, and grocery stores, known for its scale and efficiency.

Strategy

A plan of action designed to achieve a long-term or overall aim.

Operational Effectiveness

Refers to an organization's ability to perform activities more effectively and efficiently than its competitors, leading to superior performance.