EX 1-1 Types of businesses
The following is a list of well-known companies.
|
H&R Block |
Procter & Gamble |
||
|
eBay Inc. |
FedEx |
||
|
Wal-Mart Stores, Inc. |
Gap Inc. |
||
|
Ford Motor Company |
Hilton Hospitality, Inc. |
||
|
Citigroup |
CVS |
||
|
Boeing |
Caterpillar |
||
|
SunTrust |
The Dow Chemical Company |
||
|
Alcoa 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 (http://finance. yahoo.com).
b. For which of the preceding companies is the accounting equation relevant?