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Hi can you help in this question Hi Return to 1 Part 1 of 2 33.33 points Kyan Company Required Information [The following information applies

Hi can you help in this question

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Return to 1 Part 1 of 2 33.33 points Kyan Company 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 Company Company Company Data from the current year-end Data from the current year's income balance sheets statement Assets Sales $ 780,000 Cash $ 22,eee $ 35,889 Cost of goods sold 594,100 Accounts receivable, net 34,480 59,480 Interest expense 8,000 lerchandise inventory 85,040 134,500 Income tax expense 14,99 Prepaid expenses 6,888 7,152 Net income 162,988 Plant assets, net 350,000 309,480 Basic earnings per share 4.53 Total assets $ 497,440 $ 545,450 Cash dividends per share 3.82 Liabilities and Equity Beginning-of-year balance sheet data Current liabilities $ 60, 340 $ 99,389 Accounts receivable, net $ 27,880 Long-term notes payable 80,800 103,880 Merchandise inventory 59,682 Connon stock, $5 par value 180,00 236,880 Total assets 448,888 Retained earnings 176,300 107,150 Connon stock, $5 par value 180,000 Total liabilities and equity $ 497, 440 $ 545,450 Retained earnings 150,912 $ 920,200 640, 500 12,899 25,404 242, 296 5.13 3.91 $ 57,200 105,480 462,50 236,000 49,406 Required: 1a. For both companies compute the (a) current ratio. (b) acid-test ratio. (9 accounts receivable turnover. (d) 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. Answer is not complete. 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 Salin Iny 1A Days Sal Uncol 1B short term

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