Answer:
Earns net income by buying and selling merchandise.
Explanation:
A merchandising company is an enterprise that buys and sells goods to earn a profit.
First, wholesalers sell to retailers. Second, retailers sell to customers.
A retail company is a company that sells products directly to customers, where a wholesale company is a company that buys items in bulk from manufacturers and resells them to retailers or other wholesalers.
A merchandiser´s primary sources of revenue is sales.
So, merchandising companies resell products they previously bought from suppliers.