Barco Company		Kyan Company
Data from the current year-end balance sheets
Assets
Cash	$	21,500	$	33,000
Accounts receivable, net		36,400		50,400
Current notes receivable (trade)		9,100		8,800
Merchandise inventory		84,640		138,500
Prepaid expenses		5,700		7,150
Plant assets, net		350,000		307,400
Total assets	$	507,340	$	545,250
Liabilities and Equity
Current liabilities	$	67,340	$	94,300
Long-term notes payable		79,800		105,000
Common stock, $5 par value		220,000		216,000
Retained earnings		140,200		129,950
Total liabilities and equity	$	507,340	$	545,250

Barco Company		Kyan Company
Data from the current years income statement
Sales	$	780,000	$	889,200
Cost of goods sold		589,100		638,500
Interest expense		8,300		16,000
Income tax expense		14,992		24,548
Net income		167,608		210,152
Basic earnings per share		3.81		4.86
Cash dividends per share		3.74		4.02
Beginning-of-year balance sheet data
Accounts receivable, net	$	27,800	$	53,200
Current notes receivable (trade)		0		0
Merchandise inventory		65,600		113,400
Total assets		418,000		392,500
Common stock, $5 par value		220,000		216,000
Retained earnings		137,152		93,462

Required:

1.1

For both companies compute the (a) current ratio, (b) acid-test ratio, (c) accounts (including notes) receivable turnover, (d) inventory turnover, (e) days sales in inventory, and (f) days sales uncollected.(Do not round intermediate calculations.)

2.1

For both companies compute the (a) profit margin ratio, (b) total asset turnover, (c) return on total assets, and (d) return on common stockholders equity. Assuming that share and each companys stock can be purchased at $85 per share, compute their (e) price-earnings ratios and (f) dividend yields. (Do not round intermediate calculations. Round your answers to 2 decimal places.)