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Partial income statements of Company A and Company B are provided below: $80,000 Company A Revenue Expenses: Utilities Expense Salaries Expense Rent Expense Total Expenses
Partial income statements of Company A and Company B are provided below: $80,000 Company A Revenue Expenses: Utilities Expense Salaries Expense Rent Expense Total Expenses Operating Income $5,000 15,000 3,700 23,700 $56,300 Company B Revenue $50,000 A. Company A is a merchandising company. B. Company B is a manufacturing company. C. Company A is a manufacturing company. D. Company A is a service company. Partial income statements of Company A and Company B are provided below: $80,000 Company A Revenue Expenses: Utilities Expense Salaries Expense Rent Expense Total Expenses Operating Income $5,000 15,000 3,700 23,700 $56,300 Company B Revenue $50,000 A. Company A is a merchandising company. B. Company B is a manufacturing company. C. Company A is a manufacturing company. D. Company A is a service company
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