_____ are those expenses that a retailer incurs in running the business other than the cost of the merchandise.

Question

Quizplus · Accepted Answer

Operating expenses are the expenses that a retailer incurs in running the business other than the cost of the merchandise. This includes expenses such as rent, utilities, salaries, and advertising. Total assets and current assets refer to the overall value of a retailer's assets and do not specifically relate to expenses. Return expenses refer to the cost of returns from customers, which is a separate category from operating expenses. Prepaid expenses refer to expenses that have been paid in advance, such as insurance premiums or rent deposits.

_____ Are Those Expenses That a Retailer Incurs in Running