Examlex
For each of the following companies, identify whether they are a service, merchandising, or manufacturing business.
Assets
Resources owned by a company that have economic value and can be converted into cash or are expected to generate income.
Advertising
The activity or profession of producing commercials, billboards, and other promotional materials to promote products or services.
Operating Expenses
Costs incurred during the normal functioning of a business, excluding pricing of goods sold.
Net Income
Net Income is the total profit of a company after all expenses, including taxes and operating costs, have been deducted from revenues.
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