Question: Exercise 1-7 Balance sheet identification and preparation LO C4 Current assets for two different companies at fiscal year-end 2017 are listed here. One Is a

 Exercise 1-7 Balance sheet identification and preparation LO C4 Current assets

Exercise 1-7 Balance sheet identification and preparation LO C4 Current assets for two different companies at fiscal year-end 2017 are listed here. One Is a manufacturer, Rayzer Skis Mfg, and the other, Sunrise Foods, Is a grocery distribution company B,000 6, 000 44,000 Cash Raw material inventory Merchandise inventory Wozk in process inventory Finished goods inventory Accounts receivable, net Prepaid expenses 47,000 32,000 52,000 B3,000 700 66,000 3, 500 Required (1) Identify which set of numbers relates to the manufacturer and which to the merchandiser (2) 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 2 Req 2 tdentify 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 Req 2 Company 1 >

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