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For both companies compute the (a) current ratio, (b) acid-test ratio, (c) accounts (including notes) receivable turnover, (d) inventory turnover, (e) days sales in inventory,

For both companies compute the (a) current ratio, (b) acid-test ratio, (c) accounts (including notes) receivable turnover, (d) inventory turnover, (e) days sales in inventory, and (f) days sales uncollected. (Use 365 days a year. Do not round intermediate calculations.)
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The following information applies to the questions displayed below. Summary information from the financial statements of two companiles competing in the same industry Barco Kyan Company Company Barco Company Company Data from the current year-end balance sheets Data from the current years income statement Sales $ 790,000 882,200 Cash Accounts recelvable, net Current notes recelvable (trade) Merchandise inventory Prepaid expenses Plant assets, net 595,100 642,500 15,185 24,355 171,515 200,345 S 20,500 38.400 9,100 33,000 Cost of goods sold 58,400 Interest expense 5.000 (trade) 38,400 Income tax expense 7,600 84,640 140,500 Net Income 7050 5,300 Basic earnings per share 5.04 4.07 330,000 304,400 Total assets $ 487,940 $ Beginning-of year balance sheet data Accounts receivable, net Liabilities and Equity Current liabilities Long-term notes payable Common stock, $5 par value $ 30,800 $53,200 S 64,340 94,300 Current notes recelvable (trade) 61,600 13.400 422,500 9,800 107000 Merchandise inventory 246,000 Total assets 170,000 246,000 73,800 103,650 Common stock, $5 par value 170,000 246,000 Retained earnings 550.950 Retained earnings Total liabilities and equity S 487,940 Ss 550.9s0 45,300 98,600

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