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Based on the fact that the calculated amount is the beginning value of inventory plus net purchases, this is called the B. Merchandise available for sale.

What is the merchandise available for sale?

This is the total inventory that a company has in stock that they can be able to sell to their customers in a given period.

It is found by adding the beginning inventory from previous periods to the purchases of new inventory that a company makes in that period.

In conclusion, option B is correct.

Options for this question are:

  • A. Cost of goods sold.
  • B. Merchandise available for sale.
  • C. Ending inventory.
  • D. Sales.
  • E. Shown on the balance sheet.

Find out more on merchandise available for sale at https://brainly.com/question/24561653

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