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Kyan Barca Company Company Data from the current year-end balance sheets Assets Cash $ 21,000 $ 31,000 Accounts receivable, net 34,400 54,400 Merchandise inventory 84,440

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Kyan Barca Company Company Data from the current year-end balance sheets Assets Cash $ 21,000 $ 31,000 Accounts receivable, net 34,400 54,400 Merchandise inventory 84,440 134,500 Prepaid expenses 5,700 7,400 Plant assets, net 340,000 306,400 Total assets $485,540 $533,700 Barco kyan Company Company Data from the current year's income statement Sales $810,000 $922,200 Cost of goods sold 594, 100 650.500 Interest expense 8,700 11,000 Income tax expense 15,569 25459 Net income 191,631 235,241 Basic earnings per share 5.04 5.71 Cash dividends per share 3.82 3.96 Liabilities and Equity Current liabilities Long-term notes payable Common stock, $5 par value Retained earnings Total liabilities and equity Beginning-of-year balance sheet data $ 61,340 $ 97,300 Accounts receivable, net 83,800 107,880 Merchandise inventory 190,000 206,000 Total assets 150,400 123,400 Connon stock, $5 par value $485,540 5533,700 Retained earnings $ 30,800 557200 57,600 107, 400 448,000 422 500 190,000 206,000 183,929 51311 (a) Company Choose Numerator: Current Ratio 1 Choose Denominator: = Current Ratio Current ratio 1 11 Barco 7 11 oto 1 Kyan / 11 0 to 1 Acid-Test Ratio (b) Company Choose Numerator Choose Denominator: - Acid-Test Ratio Acid test ratio 1 0 to 1 Barco 0 to 1 + Kyan Company Choose Numerator: Accounts Receivable Turnover Choose Denominator: * Accounts Receivable Turnover = Accounts receivable turnover Barco 0 times Kyan 0 times Inventory Turnover (d) Company Choose Numerator: 7 Choose Denominator: 1 = Inventory Turnover = Inventory turnover 0 times Barco 7 11 Kyan 11 0 times Days' Sales In Inventory Choose Denominator: X Company Choose Numerator: Days / - Days' Sales in Inventory = Days' sales in inventory 0 days Barco 1 Kyan = 0 days Days' Sales Uncollected CompanyChoose Numerator: 1 Choose Denominator: x Days X Days' Sales Uncollected = Days' sales uncollected 0 days 0 days Barco 11 Kyan 11 Identify the company you consider to be the better short-term credit risk. Better short-term credit risk

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