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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,
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. Account Company 1 Company 2 Ook Cash Raw materials inventory Merchandise Inventory Work in process inventory $10,000 $11,000 37,125 40,125 27,000 Finished goods inventory 47,000 Accounts receivable, net 67,000 78,000 Prepaid expenses 5,000 1,000 Required: 1. Identify which set of numbers relates to the manufacturer and which to the merchandiser. 28. & 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 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
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