merchandise inventory can be described as

merchandise inventory can be described as the total value of products or goods a business holds for sale. merchandise inventory can be described as a critical asset for businesses, especially those in retail or wholesale, as it represents the goods available for sale or to be used in production. The inventory is essential for determining profitability and managing stock levels efficiently, ensuring that products are available when needed. Businesses often track merchandise inventory can be described as to assess their financial health and make informed decisions about purchases and sales.