Question: - Minimum 100 words for each question. - Number your responses corresponding to the Question Number. Questions: 1. It costs money to carry inventory, vet

- Minimum 100 words for each question. - Number your responses

- Minimum 100 words for each question. - Number your responses corresponding to the Question Number. Questions: 1. It costs money to carry inventory, vet retailers must carry an amount of inventory in excess of planned sales for an upcoming period. Why? 2. Why should a retailer be allowed to change its merchandise budget after the start of a season? 3. If changes can be made, what would cause such changes? 4. In what ways are the balance sheet and the income statement different? 5. How do retailers use these two financial statements

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