Data from the current year-end balance sheets Assets Cash 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 Barco Company $ 22,500 39,400 84,840 5,200 300,000 $ 451,940 $ 71,340 78,800 200,000 101,800 $ 451,940 TE Kyan Company $ 33,000 60,400 132,500 7,500 308,400 $ 541,800 $ 92,300 217,000 236,000 96,500 $ 541,800 Data fre Sales Cost of Interest Income Net incc Basic ea Cash div Beginnin Accounts Merchand Total as Common s Retained

For both companies compute the inventory tumover: Barco Company Kyan Company Data from the current year's income statement Sales Cost of goods sold Interest expense Income tax expense Net income Basic earnings per share $790,000 $907,200 594,100 646,500 7,900 14,000 15,185 25,045 172,815 221,655 Cash dividends per share 4. 32 4.70 Beginning-of-year balance sheet data 3.76 4.00 Accounts receivable, net Merchandise inventory Total assets Common stock, $5 par value $26,800 $55,260 55,600 115,400 378,000 362,500 200,000 236,000 Retained earnings 79,385 63,645