4b

Barco Kyan Barco Kyan Company Company Company Company Data from the current year-end balance sheets Data from the current year's income statement Assets Sales $780,888 5890,200 Cash $ 22,000 5 34.000 Cost of goods sold 591,100 645 50 Accounts receivable, net 38,400 51,400 Interest expense 8,900 18,000 Merchandise inventory 54,640 140,500 Income tax expense 14,992 24/576 Prepaid expenses 7,000 Net Income 165,000 207,124 Plant assets, net 340.000 310,400 Basic earnings per share 5.16 4.39 Total assets $490, 540 $543,300 Cash dividends per share 3.81 3.96 5,500 - Liabilities and Equity Current Habilities Long-term cotes payable Connon stock, 55 par value Retained earnings Total liabilities and equity $ 60,340 00,300 33.800 105,000 160.000 236,000 186,400 112,000 $490,5485543300 Beginning of year balance sheet data Accounts receivable, net Merchandise Inventory Total assets Common stock 55 par Value Retained earnings $ 31,800 $ 51200 61,600 113,400 378,000 372/500 160,000 236,000 143.312 91788 Days' Sales in Inventory Choose Denominator: x Days Company Choose Numerator: Days' Sales in Inventory = Days' sales in inventory days days Barco Kyan XXX (0) Company Choose Numerator: Days. Sales Uncollected 1 Choose Denominator: * Days X Days' Sales Uncollected = Days' sales uncollected days days X Barco Kyan X Better short-term credit risk