mplete the following statements with one of the terms listed here. You may use a term more than once, and some terms may not be used at all.

ished goods inventory

nufacturing companies

w materials inventory

Inventory $($merchandise$)$

Service companies

Merchandising companies

Work in process inventory

Wholesalers

Manufacturing companies report three types of inventory on the balance sheet.

$$ for a company such as Best Buy $($consumer electronics$)$ includes all of the costs necessary to purchase products and get them onto the store shelves.