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Current assets for two different companies at fiscal year-end are listed here. One is a manufacturer, Rayzer Skis Mfg., and the oth Sunrise Foods, is

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Current assets for two different companies at fiscal year-end are listed here. One is a manufacturer, Rayzer Skis Mfg., and the oth Sunrise Foods, is a grocery distribution company. Account Cash Raw materials inventory Merchandise inventory Work in process inventory Finished goods inventory Accounts receivable, net Prepaid expenses Company 1 Company 2 $11,000 $ 9,000 34,375 37,375 25,000 45,000 59,000 74,000 2,500 500 Required: 1. Identify which set of numbers relates to the manufacturer and which to the merchandiser, 2a. & 2b. Prepare the current asset section for each company from this information. Complete this question by entering your answers in the tabs below. Req 1 Reg 2A Reg 28 Identify which set of numbers relates to the manufacturer and which to the merchandiser Which of these company is manufacturer Which of these company is a merchandiser Complete this question by entering your answers in the tabs below. Reg 1 Req 2A Reg 2B Prepare the current asset section for Company 1 from this information. Sunrise Foods Balance Sheet-Current Asset Section Fiscal Year-end Total current assets Complete this question by entering your answers in the tabs below. Req 1 Reg 2A Req 28 Prepare the current asset section for Company 2 from this information. Rayzer Skis Mfg. Balance Shoot-Current Asset Section Fiscal Year end Total current assets

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