Types of Businessesa. Indicate whether each of the following companies are primarily a service, merchandise, or manufacturingbusiness. If you are unfamiliar with the company, use the Internet to locate the company's home page or usethe finance Web site of Yahoo.1. Alcoa Inc.2. Boeing3. Caterpillar4. Citigroup Inc.5. CVS6. Delta Air Lines7. eBay Inc.8. Fed9. Ford Motor Company10. Gap Inc.11. H&R Block J12. Hilton Hospitality, Inc.13. Procter & Gamble14. SunTrust15. Wal-Mart Stores. Inc.Check My Work 5 more Check My Work uses remaining.Next >

Manufacturing business - This help in converting the raw materials to finished goods or…

Answered: Types of Businesses a. Indicate whether…

Financial And Managerial Accounting

15th Edition

ISBN:9781337902663

Author:WARREN, Carl S.

Publisher:WARREN, Carl S.

Chapter1: Introduction To Accounting And Business

Section: Chapter Questions

Problem 1MAD

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Indicate whether each of the following companies is primarily a service, merchandies, or manufacturing business. If you are unfamiliar with the company, you may use the internet to locate the company's home page or use the finance web site of Yahoo.com
Who will be a user of financial statements, and what will they be used for? Question 17 options: Lenders will use financial statements to decide whether to invest in a company. Investors will use financial statements to decide whether to lend money to a company. The marketing department is interested in the operating income figures in the financial statements. Managers will use financial statements to make decisions about their company.
Which of the following industries is most likely to use LIFO accounting? A. Grocery stores B. Technology companies C. Jewelry retailers D. Antique dealers
Give some examples of the basic assets and liabilities of a company like Walmart.
Compare Amazon.com to Best Buy Amazon.com, Inc. (AMZN) is one of the largest Internet retailers in the world. We will use Amazon as a continuing company exercise to reinforce the various tools and techniques for analyzing financial statements. We will begin with the ratio of liabilities to stockholders' equity. Ratios can be used to compare companies in the same industry. For Amazon, there are a number of competitors that sell media, electronic, and other merchandise. Best Buy, Inc. (BBY) is one such company. The following total liabilities and stockholders' equity information (in millions) is provided for Amazon and Best Buy for the end of a recent year: Total assets Total liabilities Total stockholders' equity a. Compute the ratio of liabilities to stockholders' equity for each company. Round to two decimal places. Amazon Best Buy $420,549 $19,067 282,304 14,480 138,245 4,587 Liabilities to stockholders' equity ratio Amazon Best Buy b. Which of the following indicates the level of…
1. What are the primary lines of business of What are the primary lines of business of magna and general motors companies as shown in their notes to the financial statement? 2. Which company has the dominant position in their industry? 3. What are the gross profits, operating profits, and net income for these two companies? Kindly check the respective websites and provide a solution.
Discuss how using debt ratios applies to a business.Discuss how using debt ratios applies to your personal finances.What does the P/E ratio or EPS tell you about a companies’ overall financial condition? 4. What industry statistics can a business use for comparison?5. How can they use that information in their business? Please give a specific example.
* Explain
A. What are the benefits of credit management brings on the economic aspect of a company? B. Does sales and credit related? How? *** Need asap pls. Thank you.
2. Discuss how using debt ratios applies to your personal finances.3. What does the P/E ratio or EPS tell you about a companies’ overall financial condition? 4. What industry statistics can a business use for comparison?5. How can they use that information in their business? Please give a specific example.
Use the internet to research one manufacturing, one retail (or merchandising), and one service business. For each business, describe the following:Your answer:A. the primary purpose of the entityB. the types of activities that accountants would record (hint: what is the source of the business’ funding, and what costs might the business have?)C. the types of decisions that might be made in this organization and how financial and nonfinancial information might help the decision-making process
Analyze and compare Amazon.com and Wal-Mart Amazon.com, Inc. (AMZN) is one of the largest internet retailers in the world. Wal-Mart Stores, Inc. (WMT) is the largest retailer in the United States. Amazon and Wal-Mart compete in similar markets; however, Wal-Mart sells through both traditional retail stores and the internet, while Amazon sells only through the internet. Interest expense and income before income tax expense from the financial statements of both companies for two recent years follow (in millions): Amazon Walmart Year 2 Year 1 Year 2 Year 1 Interest expense $484 $459 $2,548 $2,461 Income (loss) before income tax expense 3,892 1,568 21,638 24,799 a. Compute the times interest earned ratio for both companies for the two years. Round your answers to one decimal place. Amazon Walmart Year 2 Year 1 Year 2 Year 1 Times Interest Earned Ratio

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