Final answer:
Merchandise, equipment, and cash are all types of assets.
Step-by-step explanation:
Merchandise, equipment, and cash are all types of assets.
An asset is an item of value that a business or an individual owns. Merchandise refers to the goods that a business has for sale, such as inventory in a store.
Equipment includes the tools, machinery, and other physical resources that a business uses to produce goods or provide services. Cash refers to the physical currency and coins, as well as the funds held in bank accounts, that a business has available for immediate spending or investment.