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The operating cycle of a merchandiser with credit sales includes the following five activities. Starting merchandise acquisition, identify the chronological order of these five activities.

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The operating cycle of a merchandiser with credit sales includes the following five activities. Starting merchandise acquisition, identify the chronological order of these five activities. with _-a. Prepare merchandise for sale. b. Collect cash from customers on account. c. Make credit sales to customers. d. Purchase merchandise. e. Monitor and service accounts receivable

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