Which of the following is an activity in the operations of a manufacturer, but not in the operations of a merchandising or service company? Selling goods to consumers. Receiving cash Buying raw materials Selling goods to other firms, uestion 7 2 points A company purchased 56,000 of merchandise. Transportation costs were an additional 100. The company later returned $250 of the merchandise and the white che of cash paid 55.733 55.735 55.730 56.100 A company had the following partial list of account balances at year-end: Sales Returns and Allowances Account Receivable Sales Discounts Sales Revenue Selling and Administrative Expenses $500 9,000 700 57,200 300 The amount of net sales reported on the income statement would be: $57,200. $64,200 $55,700. $56,000