Check Required information The following information applies to the questions displayed below.) Summary information from the financial statements of two companies competing in the same industry follows Barco Kyan Barco kyan Company Company Company Company Data from the current year-end balance sheets Data from the current year's income statement Assets Sales S770.00 San 200 Cash $ 19,500 $ 34,00 Cost of goods sold 585, 1006225.00 Accounts receivable, net 37,400 57.400 Interest expense T. 000 000 Current netes receivable (trade) 9. 100 200 Incos tax expense 14,00 24.300 Merchandise inventory 84,440 132,00 Net Income 162.209 210,400 Prepaid expenses 5,000 6.950 Basic earnings per share 4.515 .11 plant assets, net 290, DO 304, 400 Cash dividends per share 3.11a Total assets 8641, 6405542, Beginning of-year balance sheet data Liabilities and Equity Accounts receivable.net Current liabilities 5 01.340 S 3, Current notes receivable (trade) Long-ters notes payable B6, 800 101,000 Merchandise Inventory 55,600 107,00 Common stock $5 par value 10,000 206,000 Total assets 30.000 2.500 Retained earnings 123,300 142, 156 Connon stock 55 par value 180,000 206,00 Total abilities and equity 5645,4403562,50 Retained earnings 9 300 93.680 Required 1. For both companies.compute the current ratio tecid-test , accounts including notes receivable turnover (as inventor turnover days sales in inventory, and days' sales uncollected (Do not found intermediate calculations) 1b. Identify the company you consider to be the better short-term credits Required: 1a. For both companies compute the (a) current ratio, (b) acid-test ratio. (c) accounts (including notes) receivable turnover (din 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 Ratio 1A Acid Test Ratio Ratio 1A Acct Rec Turn 1A Invent Turnover 1A Days Sal in Inv 1A Days Sal sal Uncol 18 short term For both companies compute the days' sales in inventory. (0) Days' Sales in Inventory Choose Denominator: X Days Company Choose Numerator: - nces Days' Sales in Inventory Days' sales in inventory o days Barco Kyan o days