Assets Required information The following formation pres to the questions displayed below) Summary information from me financial statements of two companies competing in the came industry follow Berce yan Bar Coro Copy Data from the correst waren Data from the current year's Inc balance the statt Sales Canh $ 25,000 5.35,000 cost of 9,10 Accounts receivable.net 39,400 38.00 Interest 1.000 Merchandise inventory 34, 14,50 Income taxe 19,105 Prepaid expenses 7,000 to 171, Plantas, net 70,000 304,400Basit carmines the 5.11 Total assets $430, $ 500,100 Cash divider share 3.76 Llities wity Beginning of year balance Meet data Current lotti 560, $ 94,100 Accounts receivable, $ 27.00 Longtere notes payable 78,000 103,600 Merchandise inventary 53.co Con stock, 35 par valu 170,000 26,00 Total 3.0 Metained ning 321.00 12000 Costock, 55 Value 11, Total liabilities and equity 1630,040 $540,100 Beated wings 95,25 59, 446, 11,000 25,073 22.3.07 4.15 4.0 9.00 15,400 103,50 140,000 78.665 Required: 1a. For both companies compute the current ratio, (cis-test ratio, accounts receivable turnover (c) inventory turnover. I days sales in inventory, and days sales uncollected (Do not round Intermediate calculations.) 1b. Identify the company you consider to be the better short-term credit risk Complete this question by entering your answers in the tabs below. 1A Days Salin A Day Sal 10 short term Inv Uncol LA Current IA Acid Test LA A Ree ZA Levent Ratio Ratio Turn Turnover For both companies compute the current ratio Current BDO Denominator: company Berator Curreno otot O 101 Barco Kyan TO Assets Required information The following formation pres to the questions displayed below) Summary information from me financial statements of two companies competing in the came industry follow Berce yan Bar Coro Copy Data from the correst waren Data from the current year's Inc balance the statt Sales Canh $ 25,000 5.35,000 cost of 9,10 Accounts receivable.net 39,400 38.00 Interest 1.000 Merchandise inventory 34, 14,50 Income taxe 19,105 Prepaid expenses 7,000 to 171, Plantas, net 70,000 304,400Basit carmines the 5.11 Total assets $430, $ 500,100 Cash divider share 3.76 Llities wity Beginning of year balance Meet data Current lotti 560, $ 94,100 Accounts receivable, $ 27.00 Longtere notes payable 78,000 103,600 Merchandise inventary 53.co Con stock, 35 par valu 170,000 26,00 Total 3.0 Metained ning 321.00 12000 Costock, 55 Value 11, Total liabilities and equity 1630,040 $540,100 Beated wings 95,25 59, 446, 11,000 25,073 22.3.07 4.15 4.0 9.00 15,400 103,50 140,000 78.665 Required: 1a. For both companies compute the current ratio, (cis-test ratio, accounts receivable turnover (c) inventory turnover. I days sales in inventory, and days sales uncollected (Do not round Intermediate calculations.) 1b. Identify the company you consider to be the better short-term credit risk Complete this question by entering your answers in the tabs below. 1A Days Salin A Day Sal 10 short term Inv Uncol LA Current IA Acid Test LA A Ree ZA Levent Ratio Ratio Turn Turnover For both companies compute the current ratio Current BDO Denominator: company Berator Curreno otot O 101 Barco Kyan TO