Question

QUESTION 3 A merchandising company: Earns net income by buying and selling merchandise. Receives fees only in exchange for services. Earns profit from commissions only. Earns profit from fares only. Buys products from consumers.

Answer 1

Answer:

Earns net income by buying and selling merchandise.

Explanation:

A merchandising company is an enterprise that buys and sells goods to earn a profit.

First, wholesalers sell to retailers. Second, retailers sell to customers.

A retail company is a company that sells products directly to customers, where a wholesale company is a company that buys items in bulk from manufacturers and resells them to retailers or other wholesalers.

A merchandiser´s primary sources of revenue is sales.

So, merchandising companies resell products they previously bought from suppliers.