A merchandiser: Multiple Choice Ol 16:49 Earns net income by buying and selling merchandise. O Receives fees only in exchange for services. O Earns profit from commissions only. O Earns profit from fares only Cost of goods sold: Multiple Choice points (8 02:43:56 Is another term for merchandise sales. C) is the term used for the expense of buying and preparing merchandise for sale. Is another term for revenue O is also called gross margin O