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Business, 04.03.2020 23:17 NaVaThEBeAsT

The operating cycle of a merchandiser with credit sales includes the following five activities. With merchandise acquisition as the starting point, arrange the events in the correct order.
a. Prepare merchandise for sale
b. Collect cash from customers on account
c. Make credit sales to customers
d. Purchase merchandise
e. Monitor and service accounts receivable

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