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7RQ

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Horngren'S Financial And Managerial Accounting
Found in: Page 884

Short Answer

Describe a merchandising company, and give an example.

The merchandising company sells products that are not produced by them and the examples are Walmart and Aptos.

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Step by Step Solution

Definition of merchandising companies

Merchandising companies are defined as the company which is involved in the selling of the product only. They do not produce the products by themselves.

Examples of merchandising companies

The major examples of the merchandising companies are departmental stores like Walmart and technology companies like Aptos etc.

Some other examples of the merchandising company are Browzwear, Westrock, Target and so on.

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