e Insert Draw Design Layout References Mailings Review View Help E imes New Rom12 A A Aa A BIUab x, x? APA- E E EE 2 E Paragraph AaBbCcDc AaBbCcDc AaBbcc Aabbcc AaB - 1 Normal 1 No Spac... Heading 1 Heading 2 Title a munces AaB Find Sc Replace Select Dictate Font Styles Editing Voice Required: la. For both companics compute the (a) current ratio, (b) acid-test ratio, (c) accounts receivable turnover, (o) inventory turnover, days' sales in inventory, and days' sales uncollected. (De not round intermediate calculations.) 1b. Identify the company you consider to be the better short-term credit risk Banco Ya Barco KWAD Company Company Company Company Data from the current year-end Data from the current year's balance sbeets income statement Assets sales 5810,000 $895, 200 Cost of goods 502100 632,500 Cash $ 22,500 $ 39,000 sola Accounts receivable, 34, 40058, 400 8,400 16,000 expense net Merchandise 34,340 Income tax 142,500 15,569 expense inventory 24,714 Prepaid 5,200 7,800 Net income 193,931 221,986 expenses Basic Plant assets, 350,000 302, 400 earnings per 4.62 5.14 ahare Cash Total asseta $496,440 $546,100 dividende per 3.74 3.93 Share met Liabilities and Equity Beginning of year balance sheet data Puecounts receivable, $ 27.800 55.200 Current 1 hasta $ 70, 340 $ 97,300 Long-term 99,000 notes payable 81,800 Common stock, 210.000 216,000 $5 par value Retained 134,300 133,800 earnings Total liabilities $496,440 $546,100 and equity Merchandise 65,600 117,400 inventory Total assets 388,000 392,500 Common stock, 210,000 216,000 $5 par value Retained earning 97,449 81,590 201 words X Focus 32 -- moe wa Type here to search o ao e