Financial Accounting
Financial Accounting
15th Edition
ISBN: 9781337272124
Author: Carl Warren, James M. Reeve, Jonathan Duchac
Publisher: Cengage Learning
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Chapter 1, Problem 1E

The following is a list of well-known companies:

  1. 1. Alcoa Inc.
  2. 2. Boeing
  3. 3. Caterpillar
  4. 4. Citigroup Inc.
  5. 5. CVS
  6. 6. Delta Air Lines
  7. 7. eBay Inc.
  8. 8. FedEx
  9. 9. Ford Motor Company
  10. 10. Gap Inc.
  11. 11. H&R Block
  12. 12. Hilton Hospitality, Inc.
  13. 13. Procter & Gamble
  14. 14. SunTrust
  15. 15. Wal-Mart Stores, Inc.
  16. 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).
  17. b. For which of the preceding companies is the accounting equation relevant?
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Chapter 1 Solutions

Financial Accounting

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