5 6 Book Check my work Required information Problem 13-5A Comparative ratio analysis LO A1, P3 The following information applies to the questions displayed below) Summary information from the financial statements of two companies competing in the same industry follows. Barco Kyan Barco Kyan Company Company Company Company Data from the current year-end balance sheets Data from the current year's incone statement Assets Sales $800,000 $908, 200 Cash $ 22,000 $ 33,000 Cost of goods sold 592,100 652,500 Accounts receivable, net 36,400 56,400 Interest expense 8,500 17,000 Current notes receivable (trade) 9.400 7. 200 Income tax expense 15,377 25,073 Merchandise inventory 84,940 138,500 Net income 184,023 213,627 Prepaid expenses 5,600 7.250 Basic earnings per share 5.11 4.53 plant assets, net 300.000 305, 400 Cash dividends per share 3.71 3.97 Total assets $458, 340 $547,750 Beginning of-year balance sheet data Liabilities and Equity Accounts receivable, not $ 27,800 $ 53,200 Current liabilities 68, 340 $100, 300 Current notes receivable (trade) Long-term notes payable 80,000 103,000 Merchandise inventory 55,600 107.00 Common stock, 55 par value 180,000 236,000 Total assets 408,000 412,500 Retained earnings 129,200 108,450 Connon stock, 55 par value 180.000 230,00 Total liabilities and equity $458, 340 S547, 750 Retained earnings 70, 737 82, 207 Molion Chapter 13: Homework Saved Help Save & Exit Check my 5 Problem 13-5 Part 1 16.66 points Required: 1a. For both companies compute the (8) current ratio, (b) acid-test ratio. (c) accounts (including notes) receivable turnover (ch inventory turnover, (e) days' sales in inventory, and (days' sales uncollected. (Do not round intermediate calculations.) 1b. Identify the company you consider to be better short-term credit risk. Book Complete this question by entering your answers in the tabs below. 1A Current Ratio 1A Acid Test Ratio 1A Acct Rec Turn 1A Invent A Days Satin 1A Days Sal Turnover Inv Uncol Reg 13 For both companies compute the current ratio. (a) Company Choose Numerator: Current Ratio Choose Denominator - Current Ratio Current ratio to 1 Barco Kyan to 1 1A Acid Test Ratio > Check my work 5 Problem 13-5 Part 1 5 $ Required: 1a. For both companies compute the (a) current ratio, (b) acid-test ratio, (accounts (including notes) receivable turnover. (d) inventory turnover, (e) days' sales in inventory, and (days' sales uncollected. (Do not round Intermediate calculations.) 1b. Identify the company you consider to be better short-term credit risk. Book Complete this question by entering your answers in the tabs below. 1A Current Ratio 1A Acid Test Ratio 1A Acct Rec Turn 1A Invent Turnover 1A Days Salin 1A Days Sol Inv Uncol Reg 1B For both companies compute the acid-test ratio. Acid-Test Ratio (b) Company Choose Numerator: Choose Denominator: Acid-Test Ratio Acid-testato to 1 Barco Kyan + to 1 ( 1A Current Ratio 1A Acct Rec Turn > Check my 5 Propiem 15-5 Part 1 6 ts Required: 1a. For both companies compute the (a) current ratio, (b) acid-test ratio, ( accounts (including notes) receivable turnover (chinventory turnover (e) days' sales in inventory, and (7 days' sales uncollected. (Do not round intermediate calculations.) 1b. Identify the company you consider to be better short-term credit risk. Book Complete this question by entering your answers in the tabs below. Print 1A Current Ratio 1A Acid Test Ratio 1A Acct Rec Turn 1A Invent Turnover 1A Days Salin 1A Days Sal Uncol Reg 1B For both companies compute the accounts (including notes) receivable turnover. (c) Accounts Receivable Turnover Company Choose Numerator: Choose Denominator: - Accounts Receivable Turnover = Accounts receivable turnover Barco times Kyan times Check my 5 Propiem 13-5 Part 1 16.66 points Required: 1a. For both companies compute the (a) current ratio, (b) acid-test ratio, ( accounts (including notes) receivable turnover. (d) Inventory turnover, (e) days' sales in inventory, and (1) days' sales uncollected. (Do not round Intermediate calculations.) 1b. Identify the company you consider to be better short-term credit risk. eBook Complete this question by entering your answers in the tabs below. Print 1A Current Ratio 1A Acid Test Ratio 1A Acct Rec Turn 1A Invent Turnover 1A Days Sal in 1A Days Sal Inv Uncol Reg 13 For both companies compute the inventory turnover. Inventory Turnover 1 Choose Denominator: Company Choose Numerator: - Inventory Turnover Inventory turnover Barco Kyan times Me pter 13: Homework Saved Help Save & Exit Subm Check my work 5 Propiem 13-5 Part 1 Required: 1a. For both companies compute the (a) current ratio, (b) acid-test ratio, ( accounts (including notes) receivable turnover. (d) inventory turnover, (e) days' sales in inventory, and (1) days' sales uncollected. (Do not round Intermediate calculations.) 1b. Identify the company you consider to be better short-term credit risk. Book Complete this question by entering your answers in the tabs below. 1A Current 1A Acid Test 1A Acct Rec 1A Invent 1A Days Sal in 1A Days Sal Ratio Ratio Turn Turnover Inv Uncol Reg 13 For both companies compute the days' sales in inventory. (0) Days. Sales in Inventory Company Choose Numerator: Choose Denominator x Days - Days' Sales in Inventory x Days' sales in inventory Barco x Kyan x days (days Check my 5 Propiem 13-5 Part 1 Required: 1a. For both companies compute the (a) current ratio, (b) acid-test ratio, (c) accounts (including notes) receivable turnover, (inventory turnover, (e) days' sales in inventory, and (1 days' sales uncollected. (Do not round Intermediate calculations.) 1b. Identify the company you consider to be better short-term credit risk. 56 ats eBook Complete this question by entering your answers in the tabs below. 1A Current Ratio 1A Acid Test 1 Acct Rec Ratio Turn 1A Invent Turnover 1A Days Salin 1A Days Sal Iny Unco Reg 13 For both companies compute the days' sales uncollected Days Sales Uncollected Choose Denominator * Days Company Choose Numerator: - Days' Sales Uncollected Days' sales uncollected days days Barco Kyan X Chec! 5 Propiem 13- Part 1 16.66 points Required: 1a. For both companies compute the () current ratio, (b) acid-test ratio, (accounts (including notes) receivable turnover (ch inventory turnover, (e) days' sales in inventory, and (days' sales uncollected. (Do not round Intermediate calculations.) 1b. Identify the company you consider to be better short-term credit risk. eBook Complete this question by entering your answers in the tabs below. Print Reg 13 1A Current 1A Acid Test 1A Acct Rec 1A Invent 1A Days Sal in 1A Days Sal Ratio Ratio Turn Turnover Inv Uncol Identify the company you consider to be the better short-term credit risk. Better short-term credit risk Sal Uncol Barco company Kyan company