Selected data for three companies are given below. All inventory amounts are ending balances and all amounts are in millions.

Identifying differences between service, merchandising, and manufacturing companies

Using the above data, determine the company type. Identify each company as a service company, merchandising company, or manufacturing company.
 

Company A Company B Company C Cash $ 5 Wages Expense $ 16 Administrative Expenses $ 5 Sales Revenue 28 Equipment 35 Cash 27 Finished Goods Inventory 1 Accounts Receivable 6 Sales Revenue 28 Cost of Goods Sold 21 Service Revenue 54 Selling Expenses 2 Selling Expenses 2 Cash 14 Merchandise Inventory 8 Equipment 68 Rent Expense 9. Equipment 52 Work-in-Process Inventory 1 Accounts Receivable 16 Accounts Receivable 6. Cost of Goods Sold 16 Cost of Goods Manufactured 20 Administrative Expenses 1 Raw Materials Inventory 10