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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 other, Sunrise Foods,

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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 other, Sunrise Foods, is a grocery distribution company. Company 2 Cash Account Raw materials inventory Merchandise inventory Work in process inventory Finished goods inventory Company 1 $ 7,000 $ 5,000 42,000 45,000 30,000 50,000 Accounts receivable, net Prepaid expenses 62,000 75,000 1,500 900 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 Req 2A Req 2B 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

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