Question: Exercise 5-2 (Algo) Operating cycle for merchandiser LO C1 The operating cycle of a merchandiser with credit sales includes the following five activities. With merchandise

Exercise 5-2 (Algo) Operating cycle for merchandiser LO C1 The operating cycle of a merchandiser with credit sales includes the following five activities. With merchandise acquisition as the starting point, arrange the events in the correct order. a. Track accounts receivable. b. Collect cash in payment of accounts receivable. c. Purchase merchandise with cash. d. Get merchandise ready for sale. e. Sell merchandise to customers on credit.

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