Discussion Post
Outback Sporting Goods purchases merchandise on terms of 4/10, n/60. The company has a line of credit that enables it to borrow money as needed from Northern Bank at an annual interest rate of 13 percent. Should Outback pay its suppliers within 10-day discount period if it must draw on its line of credit (borrow from Northern Bank) to make these early payments? Explain?
Task
• Describe the operating cycle of a merchandising company.
• Compare and contrast the merchandising activities of a wholesaler and a retailer.
The response must include a reference list. Using Times New Roman 12 pnt font, double-space, one-inch margins, and APA style of writing and citations.