A company's merchandise, raw materials, and products waiting to be sold are called its _____

Marketing Dec 20, 2020

A company's merchandise, raw materials, and products waiting to be sold are called its _____.

A. set aside

B. accumulation

C. reserve

D. inventory

E. stock

Expert Solution

The correct option is: D. Inventory

Explanation:

The inventory is defined as raw material, merchandise and the products available for sale. It is treated as the most significant asset of a company as the inventory turnover depicts the earnings of shareholders and primary source of income generation. The work-in-progress, raw material and finished products are the classifications of inventory.

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