of 2 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 Company Kyan Company Data from the current year-end Barco Company Kyan Company balance sheets Data from the current year's incone statement 190,000 134,200 Total liabilities and equity $472,340 $ 536,950 35:29 Assets Cash Accounts receivable, net Merchandise inventory Prepaid expenses Plant assets, net Total assets Liabilities and Equity Current liabilities Long-term notes payable Common stock, $5 par value. Retained earnings 5,300 320,000 $472,340 $ 68,340 79,500 51,400 136,500 7,650 307,400 $ 536,950 $92,300 107,000 236,000 101,650 Income tax expense Net Income Basic earnings per share Cash dividends per share Beginning-of-year balance sheet data Accounts receivable, net Merchandise inventory Total assets Common stock, $5 par value Retained earnings Sales $800,000 5 891,200 $ 22,000 $ 34,000 Cost of goods sold 40,400 Interest expense 590,100 7,700 84,640 15,377 632,500 11,000 24,603 186,823 4.92 223,097 4.73 3.02 3.97 $ 30,00 $51,200 61,600 113,400 378,000 372,500 190,000 230,000 92,537 65,937 Required: 16. For both companies compute the (a) current ratio, (b) acid-test ratio, (c) accounts receivable turnover, (d) inventory turnover, (e) days sales in inventory, and (4 days' sales uncollected. (Do not round intermediate calculations.) 1b. Identify the company you consider to be the better short-term credit risk Complete this question by entering your answers in the tabs below.