In which of the following common types of business companies have costs of business activities that include inventory-related freight in costs and the cost of import duties or tariffs?
A)service company
B)manufacturing company
C)merchandising company
D)all of these companies

Question

Quizplus · Accepted Answer

Merchandising companies are those that buy and sell physical goods. They have costs associated with the purchase of inventory, such as inventory-related freight costs and import duties or tariffs. Service companies do not typically have these types of costs, and while manufacturing companies also have inventory-related costs, they may not necessarily be subject to import duties or tariffs depending on their location and operations.

In Which of the Following Common Types of Business Companies