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I need help with my assignment please Summary information from the financial statements of two companies competing in the same industry follows Barco Kyan Barco
I need help with my assignment please
Summary information from the financial statements of two companies competing in the same industry follows Barco Kyan Barco Kyan Company Company Company Company Data from the current year-end balance sheets Data from the current year's income statement Assets Sales $ 810,000 $887,200 650,500 Cash $18,500 $ 30,000 Cost of goods sold 596,100 Accounts receivable, net 33,400 58,400 Interest expense 8,700 19,000 Current notes receivable (trade) 9,000 8,800 Income tax expense 15,569 24,493 Merchandise Inventory 84,340 130,500 Net Income 189,631 193,207 Prepaid expenses 6,000 7,400 Basic earnings per share 5.27 4.27 330,000 305,400 Cash dividends per share Plant assets, net 3.75 402 Total assets $ 481,240, 540,500 $ $ 51,200 Liabilities and Equity Current liabilities 31,800 O 55,600 Beginning of year balance sheet data Accounts receivable, net $65,340 $ 92,300 Current notes receivable (trade) 82,800 99.000 Merchandise inventory 180,000 226,000 Total assets 0 Long-term notes payable Common stock. $5 par value 388,000 111,400 402.500 226,000 Retained earnings 153,100 123 200 Common stock, $5 par value 180,000 $ 481,240, 540,500 Retained earnings Total liabilities and equity 98,469 111,697 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 in days' sales uncollected (Do not round intermediate calculations.) Current Ratio Choose Denominator: Company Choose Numerator: - Current Ratio Current ratio Barco Kyan Acid-Test Rio Choose Denominator: Acid-Test Ratio Andrest ratio Barco Accounts Receivable Turnover Choose Denominator: Company Choose Numerator: Accounts Receivable Turnover Accounts receivable turnover times Barco Kyan times (d) Inventory Tumover Choose Denominator: Company Choose Numerator: Inventory Turnover Inventory turnover Barco times Kyan times Days' Sales In Inventory Company Choose Numerator Choose Denominator: X Days - Days Sales In Inventory Days' sales in inventory Days' Sales Uncollected Choose Denominator: * Days Company Choose Numerator: Days' Sales Uncollected Days' sales uncollected days Barco Kyan days
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