Question: 4305 0:21 / 0:43 Knowledge Check 01 Place the operating cycle for a merchandiser in the correct order. Term Definition 1. Credit sales 2 Receipt

4305 0:21 / 0:43 Knowledge Check 01 Place the operating cycle for a merchandiser in the correct order. Term Definition 1. Credit sales 2 Receipt of cash from credit sales 3. Cash purchase of merchandise Accounts receivable 5. Inventory for sale item a Item b

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=+ Would you consider participating? Would it change your feelings about working for the firm?

=+ Whose interests do they serve? Which of their two main responsibilities do you think is the most important? Why?