Ch Summary information from the financial statements of two companies competing in the same industry follows Barco Company Company Kyan Barco Kyan Company Company Data from the current year's income statement Sales 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 $780,000 $897,200 590,100 644,500 14,000 14,99224,769 166,508 213,931 3.784.35 3.93 $ 19,000 35,400 9,700 34,000 Cost of goods sold 57,400 Interest expense 8,400 7,400 Income tax expense 84, 840 136,500 Net income 5,100 7,200 Basic earnings per share 320,000312,400 Cash dividends per share $474,040 $554,900 3.80 Beginning-of-year balance sheet data Accounts receivable, net Liabilities and Equity Current liabilities Long-term notes payable Common stock, $5 par value Retained earnings Total liabilities and equity 30,800 $55,200 $ 70,340 91,300 Current notes receivable (trade) 82,800 101,000 Merchandise inventory 220,000 246,000 Total assets 100,900116,600 Common stock, $5 par value 59,600 111,400 428,000 372,500 220,000 246,000 101,592 96,025 $474,040 $554,900 Retained earnings Required: 1a. For both companies compute the (a) current ratio, (b) acid-test ratio, (c) accounts (including notes) receivable turnover, (a) 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