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Accounting 26th Edition by Carl Warren ,Jim Reeve ,Jonathan Duchac
Edition 26ISBN: 978-1337498159Accounting 26th Edition by Carl Warren ,Jim Reeve ,Jonathan Duchac
Edition 26ISBN: 978-1337498159 Exercise 17
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. Delta Air Lines
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. Wal-Mart 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 website of Yahoo (finance.yahoo.com).
b. For which of the preceding companies is the accounting equation relevant
The following is a list of well-known companies:
1. Alcoa Inc.
2. Boeing
3. Caterpillar
4. Citigroup Inc.
5. CVS
6. Delta Air Lines
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. Wal-Mart 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 website of Yahoo (finance.yahoo.com).
b. For which of the preceding companies is the accounting equation relevant
Explanation
Verified
Verified
PE 1-1A
Under the cost concept, transact...
Accounting 26th Edition by Carl Warren ,Jim Reeve ,Jonathan Duchac
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