Accounting 26th Edition by Carl Warren ,Jim Reeve ,Jonathan Duchac

Exercise 13

Types of businesses
The following is a list of well-known companies:
1. Alcoa Inc.
2. Boeing
3. Caterpillar
4. Citigroup Inc.
5. CVS
6. Dow Chemical Company
7. eBay Inc.
8. FedEx
9. Ford Motor Company
10. Gap Inc.
11. H R Block
12. Hilton Hospitality, Inc.
13. Procter Gamble
14. SunTrust
15. Walmart Stores, Inc.
a. Indicate whether each of these companies is primarily a service, merchandise, or manufacturing business. If you are unfamiliar with the company, use the Internet to locate the company's home page or use the finance Web site of Yahoo (finance.yahoo.com).
b. For which of the preceding companies is the accounting equation relevant