786 Required information 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 Barco Kyan Kyan Company Company Company Company Data from the current year-end Data from the current year's balance sheets income statement Assets Salos $ 810,000 $887,200 Cash $ 19,000 $ 32,000 Cost of goods sold 595, 100 648,500 Accounta receivable, net 37,400 58,400 Interest expense 3.100 19,000 Merchandise inventory 84,440 134,500 Income tax expense 15,569 24,493 Prepaid expenses 5,600 7.250 Net Income 191,231 195,207 Plant assets, net 300.000 913.400 Basic earnings per share 4.35 4.74 Total ante $ 446,440 5 545,550 Cash dividenda per share 3.73 3.98 Liabilities and Equity Beginning-of-year balance sheet data Current liabilities $ 63,340 $ 96,300 Accounts receivable, net $. 31,800 $ 54,200 Long-term noted payable 79,800 109,000 Merchandise inventory 57,600 113,400 Common stock, 65 par value 220,000 206,000 Total annota 458,000 392,500 Retained earnings 23,300 234, 250 Common stock. 55 par valge 220,000 206,000 Total Habilities and equity $ 446,440 5 545, 550 Retained earnings 56.189 103,019 ences Required: Skige Complete this question by entering your answers in the tabs below. 1A Current Ratio 1A Acid Test Ratio 1A Act Rec Turn 1A Invent Turnover 1A Days Sal in 1A Days Sal Inv Uncol 18 short term Book For both companies compute the current ratio. References (0) Company Current Ratio Denominator Numerator: Barco Kyan Current Ratio Current ratio 0 to 1 Oto 1 LACUTE HA 1A Acid Test Ratio > Complete this question by entering your answers in the tabs below. 1A Current Ratio A Adid Test 1A Acct Rec Turn 1A Invent Turnover 1A Days Salin 1A Days Sal Inv Uncol 1B short term Ratio For both companies compute the acid-test ratio. Acid-Test Ratio Company Numerator: Denominator: Barco Kyan Acid-Test Ratio Acid-test ratio 0 to 1 Olto 1 1A Current Ratio 1A Acct Rec Turn 1A Acct Rec 1A Current Ratio 1B short term 1A Acid Test Ratio 1A Invent Turnover 1A Days Sal in 1A Days Sal Inv Uncol Turn BOOK For both companies compute the accounts (including notes) receivable turnover. Accounts Receivable Turnover Denominator: Company Numerator: Accounts Receivable Turnover Accounts receivable turnover Barco Kyan o times o times oped Complete this question by entering your answers in the tabs below. 1A Days Sal in 1A Days Sal Inv Uncol 1B short term 1A Current 1A Acid Test 1A Acct Rec 1A Invent Ratio Ratio Turn Turnover For both companies compute the inventory turnover. eBook (d) References Inventory Turnover Denominator: Company Numerator 11 Inventory Turnover Inventory turnover o times 0 times Barco 1 Kyan 1 1A Acct Rec Turn 1A Days Sal In Inv> 50 Complete this question by entering your answers in the tabs below. 1B short term 1A Current 1A Acid Test 1A Acct Rec 1A Invent 1 Days Salin 1A Days Sal Ratio Ratio Turn Turnover Inv Uncol For both companies compute the days' sales in Inventory le) Days: Sales In Inventory Company Numerator: Denominator Days no Days Sales in Inventory Days' sales in inventory 0 days o days Barco Kyan 1A Current Ratio 1A Acid Test Ratio 1A Acct Rec Tum 1A Invent Turnover 1A Days Salin 1A Days Sal Inv Ancol 1B short term For both companies compute the days' sales uncollected. 0 Days Sales Uncollected Company Numerator Denominator: Days Barco Days' Sales Uncollected Days' sales uncollected 0 days 0 days Kyan ed Complete this question by entering your answers in the tabs below. 1A Current Ratio 1A Acid Test 1A Acct Rec Ratio 1A Invent Turnover 1A Days Salin 1A Days Sal Inv Uncol 1B short term Turn ok Identify the company you consider to be the better short-term credit risk. ances Better short-term credit risk