Use the Graphs Below to Answer the Following Questions

question 5

Essay

Use the graphs below to answer the following questions:

---

Definitions:

Cost Of Goods Sold

The immediate costs associated with manufacturing the products a company markets, including materials and workforce expenses.

Operating Cycle

The time period it takes for a company to purchase inventory, sell products, and receive cash from sales.

Merchandising Company

A business that purchases goods and resells them at a higher price, typically without modification to the products.

Service Company

A business entity that provides professional services, expertise, or support to its clients rather than physical goods.