Barco Company Kyan Company Barco Company Kyan Company Data from the current year-end balance sheets Assets Cash Accounts receivable, net Merchandise inventory Prepaid expenses Plant assets, net Total assets $ 18,500 $ 35,000 39,400 56,400 84,640 142,500 5,100 7,050 310,000 304,400 $ 457,640 $ 545, 350 $ 810,000 592,100 8,700 15,569 193,631 5.38 Data from the current year's income statement Sales Cost of goods sold Interest expense Income tax expense Net income Basic earnings per share Cash dividends per share Beginning-of-year balance sheet data Accounts receivable, net Merchandise inventory Total assets Common stock, $5 par value Retained earnings $ 908,200 650,500 14,000 25,073 218,627 4.84 4.00 3.74 Liabilities and Equity Current liabilities Long-term notes payable Common stock, $5 par value Retained earnings Total liabilities and equity $ 64,340 $ 91,300 84,800 103,000 180,000 226,000 128,500 125,050 $ 457,640 $ 545, 350 $ 26,800 55,600 408,000 180,000 69,509 $ 51,200 115,400 412,500 226,000 87,223 Required: 1a. For both companies compute the (a current ratio. (b) acid-test ratio, (a accounts receivable turnover, (a) inventory turnover (e) days' sales in Inventory, and (7 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 Current 1A Acid Test 1A Acct Rec 1A Invent 1A Days Salin 1A Days Sal Ratio Ratio Tum Turnover 10 short term Inv Uncol For both companies compute the accounts (including notes) receivable turnover, c) Accounts Receivable Turnover Company Numerator Denominator Accounts Receivablo Turnover Accounts receivable turnover Barco O times Kyan Otimes