UUUUUS Sipped by the owner to the consignee who sells the goods for the owner. Goods shipped to the consignor who sells the goods for the owner. Reported in the consignee's books as inventory. Not reported in the consignor's inventory since they do not have possession of the inventory. Question 15 3 pts A merchandiser: Receives fees only in exchange for services. Earns net income by buying and selling merchandise. Earns profit from commissions only. Buys products from consumers (customers). Question 16 3 pts