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Which of the following is correct about a merchandiser's inventory? a. A merchandiser has three inventories: Raw Materials Inventory, Work In Process Inventory and Finished

Which of the following is correct about a merchandiser's inventory?

a. A merchandiser has three inventories: Raw Materials Inventory, Work In Process Inventory and Finished Goods Inventory

b. A merchandiser only has one inventory: Finished Goods Inventory

c. A merchandiser only has one inventory: Merchandise Inventor

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