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Merchandise inventory: A. Is a long-term asset. B. Is a current asset. C. Includes supplies. D. Is classified with investments on the balance sheet. E. Must be sold within one month.

Sagot :

chilljain33

Merchandise Inventory is classified into the financial statements of a company as a current asset.

What is a current asset?

The kind of asset whose benefits are fully utilized by the company within a year and do not last for more than a year in the company's financial statements are known as current assets.

Hence, option B states about current assets.

Learn more about current assets here:

https://brainly.com/question/14287268

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