Partial Income Statements of Company a and Company B Are

Partial income statements of Company A and Company B are provided below: $\begin{array}{|lr|l|lll|}\hline\text { Company A }&&&\text { Company B }\\\text { Revenue } & \$ 80,000 && \text { Revenue } & \$ 50,000 \\\text { Expenses: } & & & \text { Cost of Goods Sold: } & & \\\text { Utilities Expense } & \$ 5,000 & & \text { Beginning Inventory } & \$ 4,000 & \\\text { Salaries Expense } & 15,500 & & \text { Purchases and Freight In } & 23,000 & \\\text { Rent Expense } & 3,200 & & \text { Ending Inventory } & -5,500 \\\text { Total Expenses } & 23,700 &&\text { Cost of Goods Sold } &21,500\\\text { Operating Income } & \$ 56,300&&\text { Gross Profit }&\$28,500\\\hline\end{array}$ Which of the following statements is true?

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.