Question: Listed below are selected companies, accompanied by a brief description of their business: 1. Toys R Us, Inc. sells toys. 2. Fasken Martineau Dumoulin LLP

Listed below are selected companies, accompanied by a brief description of their business:

1. Toys "R" Us, Inc. sells toys.

2. Fasken Martineau Dumoulin LLP is a law firm.

3. Atlantic Grocery Distributors Ltd. distributes food products to grocery stores.

Instructions

(a) Identify whether the primary type of business for each of the above companies is as a service company, merchandiser (retailer) company, or merchandiser (wholesaler) company.

(b) Comment on how the operating cycles and income measurement processes of each of the above companies might differ, if at all.

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