Problem 17-5A (Algo) Comparative ratio analysis LO P3 [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 Barco Company Kyan Company Data from the current year-end balance sheets Data from the current year's income statement Assets Sales $ 790,000 $ 925,200 Cash $ 20,500 $ 34,000 Cost of goods sold Accounts receivable, net Merchandise inventory 38,400 84,940 Prepaid expenses Plant assets, net 5,300 300,000 55,400 132,500 7,700 Income tax expense Net income Interest expense 595,100 8,200 638,500 15,185 12,000 25,542 171,515 Total assets Current liabilities Liabilities and Equity Long-term notes payable Common stock, $5 par value Retained earnings Total liabilities and equity 308,400 $ 449,140 $ 538,000 $ 68,340 $ 90,300 Basic earnings per share 81,800 190,000 109,000 122,700 $ 449,140 $ 538,000 99,000 226,000 Cash dividends per share Beginning-of-year balance sheet data Accounts receivable, net Merchandise inventory Total assets 4.51 3.81 249,158 5.51 3.96 Common stock, $5 par value Retained earnings $ 31,800 $ 54,200 63,600 113,400 398,000 372,500 190,000 226,000 82,265 52,534