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Required information Problem 13-5A (Algo) Comparative ratio analysis LO P3 [The following information applies to the questions displayed below.] Summary information from the financial

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Required information Problem 13-5A (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- Data from the current year's end balance sheets income statement Assets Sales $810,000 $885,200 Cash $ 22,000 40,400 $ 33,000 Cost of goods sold 593,100 636,500 55,400 84,940 138,500 Interest expense Income tax expense 9,100 19,000 15,569 24,438 5,300 350,000 7,700 Net income 192,231 310,400 Basic earnings per share 5.34 205,262 4.98 3.79 4.00 Accounts receivable, net Merchandise inventory Prepaid expenses Plant assets, net Total assets Liabilities and Equity Current liabilities Long-term notes payable Retained earnings $ 502,640 $545,000 $ 91,300 Cash dividends per share Beginning-of-year balance sheet data Accounts receivable, net Merchandise inventory $ 62,340 $ 27,800 $ 53,200 81,800 180,000 178,500 107,000 206,000 63,600 105,400 Total assets 378,000 382,500 140, 700 Common stock, $5 par value 180,000 206,000 122,709 100, 238 Common stock, $5 par value Total liabilities and equity $502,640 $545,000 Retained earnings < Prev 2 of 2 Next

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