There are different types of businesses.

1. Compare and contrast a manufacturing, a merchandising, and a service business.
2. Think about the costs of running Good 4You Café. Identify 4-5 costs under each of these categories: direct materials, direct labor, overhead, selling and administrative expenses.
3. When do the above costs appear on the balance sheet? On the income statement?
4. Is Good 4You Café a manufacturing, a merchandising or a service business? Support your answer with examples.