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What is a difference between merchandising companies and service enterprises? Service companies report inventories and gross profit while merchandising enterprises only report inventory. Merchandising companies

What is a difference between merchandising companies and service enterprises?
Service companies report inventories and gross profit while merchandising enterprises only report inventory.
Merchandising companies generally have a longer operating cycle than service enterprises.
Cost of goods sold is an expense for service enterprises but not for merchandising companies.
All are these choices are differences.Z
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