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The operating cycle of a merchandiser with credit sales includes the following five activities. With merchandise acquisition as th starting point, arrange the events in

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The operating cycle of a merchandiser with credit sales includes the following five activities. With merchandise acquisition as th starting point, arrange the events in the correct order. a Arrange merchandise for sale. b. Sell merchandise on credit to customers. c Monitor receivables from customers d. Receive payment in cash from customers on account e Acquire merchandise with cash

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