Rareo Kyan Company Company Data from the current year-end balance sheets Assets Cash $ 19,500 $ 37,000 Accounts receivable, net 34,400 51,400 Current notes receivable (trade) 9.700 7.800 Merchandise Inventory 84.340 132.500 Prepaid expenses 5,500 7.650 Plant assets, net 290,000 307,400 Total assets $443, 440 $543,750 Data from the current Sales Coat of goods sold Interest expense Income tax expense Net Income Basie earnings per share Cash dividende per share Kyan Company Company tatement 5810,000 $904,200 585,100 632,500 8,300 13,000 15,569 24.962 201,031 233, 738 6.28 5.67 3.74 3.94 $ 26,800 $ 57,200 Liabilities and Equity Current liabilities Long-term notes payable Common stock, $5 par value Retained earnings Total liabilities and equity $61.340 99, 300 24.800 105.000 160.000 206.000 137,300 133,450 $443,440 $543,750 Beginning-of-year balance sheet data Accounts receivable, net Current notes receivable (trade) Merchandise inventory Total assets Common stock, 5 par value Retained earnings 57,600 438,000 160,000 55,949 115.400 412,500 206,000 62,040 Required: 1a. For both companies compute the current ratio, (b) acid-test ratio, (accounts (including notes) receivable turnover. (Inventory turnover, (c) days' sales in Inventory, and (days' sales uncollected. (Do not round Intermediate calculations.) 1b. Identify the company you consider to be better short-term credit risk. Complete this question by entering your answers in the tabs below. 1A Current 1A Acid Test Ratio 1A Acct Rec Turn 1A Invent Turnover 1A Days Salin i ny 1A Days Sal Uncol Reg 18 For both companies compute the current ratio. 1a. For both companies compute the (a) current ratio, (b) acid-test ratio, ( accounts (including notes) rec turnover, (e) days' sales in inventory, and (6 days' sales uncollected. (Do not round Intermediate calculat 1b. Identify the company you consider to be better short-term credit risk. 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 Sal in 1A Days Sal Uncol Req 18 For both companies compute the current ratio. (a) Company Choose Numerator: Current assets Current Ratio 7 Choose Denominator: Current liabilities Current Ratio Current ratio Barco to 1 Kyan 1A Acid Test Ratio > mework Help Required: 1a. For both companies compute the (a) current ratio, (b) acid-test ratio, ( accounts (including notes) receivable turnover, ( inventory turnover, (e) days' sales In Inventory, and (days' sales uncollected. (Do not round Intermediate calculations.) 1b. Identify the company you consider to be better short-term credit risk. Complete this question by entering your answers in the tabs below. 1A Current Ratio 1A Acid Test Ratio 1A Acct Rec Turn 1 A Invent Turnover 1A Days Sal in Inv Reg 1B 1A Days Sal Uncol For both companies compute the acid-test ratio. Acid-Test Ratio Choose Denominator: (b) Company Choose Numerator: - Acid-Test Ratio Acid-test ratio 0 to 1 O to 1 Barco Kyan 1A Acet Rec Turn > ( 1A Current Ratio Score answer > 5 ulp Lupule ule (a curent Patio, (b) acid-test ratio, ( accounts (including notes) receivable turnover. I turnover, (e) days' sales in Inventory, and (1 days' sales uncollected. (Do not round Intermediate calculations.) 1b. Identify the company you consider to be better short-term credit risk. Complete this question by entering your answers in the tabs below. 1A Current Ratio 1A Acid Test Ratio 1A Acct Rec Furn 1A Invent Turnover 1A Days Sal in Inv 1A Days Sal Uncol Req 1B For both companies compute the accounts (including notes) receivable turnover. (c) Accounts Receivable Turnover Company Choose Numerator: 1 Choose Denominator: - Accounts Receivable Turnover - Accounts receivable turnover 0 times Barco 0 times Kyan 1A Invent Turnover > 1A Days Salin Inv 1A Acct Rec Turn Required: 1a. For both companies compute the (a) current ratio, (b) acid-test ratio, ( accounts (including notes) receivable turnover, (e) days' sales in inventory, and days' sales uncollected. (Do not round Intermediate calculations.) 1b. Identify the company you consider to be better short-term credit risk. Complete this question by entering your answers in the tabs below. 1A Current Reg 1A Acid Test Ratio 1A Acct Rec Turn 1A Invent Turnover . Ratio 1A Days Sal in 1A Days Sal Inv Uncol For both companies compute the days' sales in inventory. Days' Sales in Inventory 7 Choose Denominator: * Days Company Choose Numerator: - Days' Sales in Inventory = Days' sales in inventory 0 days 0 days Barco Kyan 1A Days Sal Uncol >