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Indicate whether each of the following statements is true or false. a) A merchandising company generates revenue primarily by selling goods to customers. b) The

Indicate whether each of the following statements is true or false. a) A merchandising company generates revenue primarily by selling goods to customers. b) The supply of goods accumulated to deliver when sales are made is called Supplies. c) Retail companies are firms that sell goods to other businesses. d) Product costs include' all costs associated with the sale of products. e) WalMart is an example of a wholesale company

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