Barco Company Kyan Company Data from the current year-end balance sheets Assets Cash Accounts receivable, net Current notes receivable (trade) Merchandise inventory Prepaid expenses Plant assets, net Total assets $ 21,000$ 39,400 9,700 84,440 5,300 330,000 489,8405 34,000 51,400 8,200 140, 500 7,750 307,400 549, 250 Liabilities and Equity Current liabilities Long-term notes payable Common stock, $5 par value Retained earnings Total liabilities and equity 69,340$ 81,800 180,000 158,700 489, 840$ 96,300 101,000 196,000 155,950 549, 250 $ 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 790,000$ 588,100 8,800 15,185 177,915 4.94 3.81 918,200 630,500 14,000 25,349 248,351 6.34 3.98 $ 29,8005 52,200 Beginning-of-year balance sheet data Accounts receivable, net Current notes receivable (trade) Merchandise inventory Total assets Common stock, $5 par value Retained earnings 55,600 408,000 180,000 117,945 105,400 412,500 196,000 63,615 Required: 1a. For both companies compute the (a) current ratio, (b) acid-test ratio, accounts (including notes) receivable turnover. (d) inventory turnover (c) 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 Complete this question by entering your answers in the tabs below. 1A Current Ratio IA Add Test Ratio 1A Acct Rec Turn 1A Invent Turnover 1A Days Salin 1A Days Sal Uncol Reg 1B For both companies compute the current ratio. (a) Current Ratio Choose Denominator: Company Choose Numerator: Current Ratio Current ratio Barco Kyan SA Acid Test Ratio > Complete this question by entering your answers in the tabs below. 1A Current Ratio IA Add Test 1A Act Ree 1A Invent Turnover Ratio 1A Days Salin Thy 1A Days Sal Uncol Reg 1B Tum For both companies compute the acid-test ratio. (b) Acid Test Ratio Company Choose Numerator Choose Denominato Acid Test Ratio Acid-test ratio Barco Kyan 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. Complete this question by entering your answers in the tabs below. 1A Current Ratio 1A Acid Test Ratio 1A Acct Rec 1A Invent Turnover 1A Days Sal in 1A Days Sal Uncol Reg 1B Turn For both companies compute the accounts (including notes) receivable turnover. (c) Accounts Receivable Turnover Choose Denominator: = Accounts Receivable Turnover Company Numerator: Choose Accounts receivable turnover mes Barco times Kyan ( 1A Acid Test Ratio 1A Invent Turnover > 1 of 2 Required: 1a. For both companies compute the (a) current ratio, (b) acid-test ratio, accounts (including notes) receivable turnover, (d) tumover, (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 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 Sal in Iny 1A Days Sal Uncol Req 18 For both companies compute the inventory turnover. (d) Inventory Tumover Company Choose Numerator: Choose Denominator: - Inventory Turnover Inventory tumover Barco Kyan ( 1A Acct Rec Tum 1A Days Salin Inv> Required: 1a. For both companies compute the current ratio, (b) acid-test ratio. Id accounts (including notes) receivable turnover (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. 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 Sal in 1A Days Sal Iny Uncol Reg 1B For both companies compute the days' sales in inventory. (e) Days' Sales in Inventory Choose Denominator: Company Choose Numerator: x Days - Days' Sales in Inventory - Days' sales in inventory days days Barco Kyan 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 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 Sal in Iny 1A Days Sal Uncol Req 1B For both companies compute the days' sales uncollected. (1) Days' Sales Uncollected Choose Denominator: CompanyChoose Numerator: x Days - Days' Sales Uncollected = Days' sales uncollected Barco days days Kvan Required: Ta. For both companies compute the (a) current ratio, (b) acid-test ratio, id accounts (including notes) receivable turnover, (invent 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. 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 Sal in Inv 1A Days Sal Uncol Reg 1B Identify the company you consider to be the better short-term credit risk. Better short-term credit risk