Company Company Data from the current year-end balance sheets Assets Cash Company Company Data from the current year's income statement Sales $ 19,000 $ 30,000 Cost of goods sold 39,480 52,400 Interest expense 84,540 130,500 Income tax expense 5,700 7,200 Net income 330,000 304,480 Basic earnings per share $ 478,640 $ 524,500 Cash dividends per share Beginning-of-year balance sheet data $ 64,340 $ 95,380 Accounts receivable, net 84,800 115,000 Merchandise inventory 170,000 236,000 Total assets 159,500 78,208 Common stock, $5 par value $ 478,640 $ 524,500 Retained earnings $ 770,000 $888,200 588,100 634,500 9,000 15,800 14,800 24,521 158, 100 214,179 4.65 4.54 3.79 4.01 Accounts receivable, net Merchandise inventory Prepaid expenses Plant assets, net Total assets Liabilities and Equity Current liabilities Long-term notes payable Common stock, $5 par value Retained earnings Total liabilities and equity $ 31,800 59,600 388,000 170,000 130,260 $ 55,200 111,400 412,500 236,000 53,293 Required: 10. For both companies compute the current ratio, (o) acid-test ratio, ( accounts receivable turnover (inventory turnover. (e) days' sales in inventory, and (days' sales uncollected. (Do not round intermediate calculations.) 16. Identify the company you consider to be the better short-term credit risk. Complete this question by entering your answers in the tabs below. Ratio 1A Current 1A Acid Test 1 Acet Rec 1A Invent 1A Days Salin 1A Days Sal Ratio Turn Turnover Inv 18 short term Uncol For both companies compute the current ratio (A) Current Ratio Company Numerator: Denominator Current Ratio Current ratio Barco oto 1 Kyan O to 1 Required: 1a. For both companies compute the (c) current ratio, (6) acid-test ratio, (c) accounts receivable turnover (c) 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 Ratio 1A Acid Test Ratio 1A Acct Rec Turn 1A Invent 1A Days Salin 1A Days Sal Turnover Inv Uncol 18 short term For both companies compute the acid-test ratio. Acid-Test Ratio (b) Company Numerator: Denominator: Acid-Test Ratio Acid-test ratio 0 to 1 olto 1 Barco Kyan Required: 1a. For both companies compute the (e) current ratio, (b) acid-test ratio, (accounts receivable turnover (c) inventory turnover, (e) days' sales in inventory, and (1 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 1A Acct Rec Turn 1A Invent Turnover 1A Days Sal in 1A Days Sal Uncol In 18 short term For both companies compute the accounts (including notes) receivable turnover. (c) Company Accounts Receivable Turnover Denominator: Numerator: Accounts Receivablo Turnover Accounts receivable turnover O mes Barco Kyan O times Required: 1a. For both companies compute the (a) current ratio, (b) acid-test ratio, (c) accounts receivable turnover (o inventory turnover (c) days sales in inventory, and (1 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 LA Acid Test Ratio 1A Acct Rec Turn 1A Invent Turnover 1A Days Salin 1A Days Sal Inv Uncol 18 short term For both companies compute the inventory turnover. (0) Company Numerator Inventory Tumover Denominator Inventory Turnover Inventory turnover O times Barco Kyan O times Required: 1a. For both companies compute the (a) current ratio, (b) acid-test ratio(accounts receivable turnover, (a) inventory turnover, (e) days' sales in inventory, and (1 days' sales uncollected. (Do not round intermediate calculations.) 15. 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 1A Acct Rec Ratio Turn 1A Invent Turnover 1A Days Sal in 1A Days Sal Inv Uncol 18 short term For both companies compute the days' sales uncollected. Days Sales Uncollected Company Numerator: Denominator 1 Days Days' Sales Uncollected Days' sales uncollected o days o days Barco 1 Kyan 1 Required: 1a. For both companies compute the (8) current ratio, (b) acid-test ratio, (c) accounts 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 the better short-term credit risk. Complete this question by entering your answers in the tabs below. 18 short term 1A Current 1A Acid Test 1A Acct Rec 1A Invent 1A Days Sal in 1A Days Sal Ratio Ratio Turn Turnover Inv Uncol Identify the company you consider to be the better short-term credit risk. Bottar shon-torm credit riak Required: 1a. For both companies compute the (e) current ratio, (b) acid-test ratio, (accounts receivable turnover (c) inventory turnover, (e) days' sales in inventory, and (1 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 1A Acct Rec Turn 1A Invent Turnover 1A Days Sal in 1A Days Sal Uncol In 18 short term For both companies compute the accounts (including notes) receivable turnover. (c) Company Accounts Receivable Turnover Denominator: Numerator: Accounts Receivablo Turnover Accounts receivable turnover O mes Barco Kyan O times Required: 1a. For both companies compute the (a) current ratio, (b) acid-test ratio, (c) accounts receivable turnover (o inventory turnover (c) days sales in inventory, and (1 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 LA Acid Test Ratio 1A Acct Rec Turn 1A Invent Turnover 1A Days Salin 1A Days Sal Inv Uncol 18 short term For both companies compute the inventory turnover. (0) Company Numerator Inventory Tumover Denominator Inventory Turnover Inventory turnover O times Barco Kyan O times Required: 1a. For both companies compute the (a) current ratio, (b) acid-test ratio(accounts receivable turnover, (a) inventory turnover, (e) days' sales in inventory, and (1 days' sales uncollected. (Do not round intermediate calculations.) 15. 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 1A Acct Rec Ratio Turn 1A Invent Turnover 1A Days Sal in 1A Days Sal Inv Uncol 18 short term For both companies compute the days' sales uncollected. Days Sales Uncollected Company Numerator: Denominator 1 Days Days' Sales Uncollected Days' sales uncollected o days o days Barco 1 Kyan 1 Required: 1a. For both companies compute the (8) current ratio, (b) acid-test ratio, (c) accounts 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 the better short-term credit risk. Complete this question by entering your answers in the tabs below. 18 short term 1A Current 1A Acid Test 1A Acct Rec 1A Invent 1A Days Sal in 1A Days Sal Ratio Ratio Turn Turnover Inv Uncol Identify the company you consider to be the better short-term credit risk. Bottar shon-torm credit riak