A group formed by people seeking friendship or pursuing common interests that has no official leader or specific organizational
1 answer:
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Answer:
Part 1
Manufacturer = Company 2
Merchandiser = Company 1
Part 2
<u>Current Assets Section for Company 1</u>
Current Assets $
Merchandise Inventory 41,500
Accounts Receivable, Net 60,000
Prepaid Expenses 5,000
Cash 7,000
Total Current Assets 113,500
<u>Current Assets Section For Company 2</u>
Current Assets $
Raw Materials Inventory 38,500
Work In Process Inventory 28,000
Finished Goods Inventory 48,000
Accounts Receivable, Net 70,000
Prepaid Expenses 1,000
Cash 5,000
Total Current Assets 190,500
Explanation:
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