Required information Problem 13-5A 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 kyan Company Barco Kyan Company Company Data from the current year-end balance sheets Assets Cash $ 20,000 5 31,000 Accounts receivable.net 34,400 55,400 Merchandise inventory $4,749 136,500 Prepaid expenses 5.900 7,150 plant assets, bet 290.000 300.000 Total assets $435,040 $534,450 Barco Company Data from the current year's income statement Sales $800,000 Cost of goods sold 595,100 Interest expense 8.000 Income tax expense 15.327 Net income 181,523 Basic earnings per share Cash dividends per share 3,24 $891,200 63 see 13.000 24603 215,097 3.22 3.91 Liabilities and Equity Current liabilities Long-term notes payable Connon stock, 55 par value Retained earnings Total liabilities and equity $63, 340 33, 200.000 87,900 $415 99,300 115,000 200.000 114, 150 $534.450 Beginning of-year balance sheet data Accounts receivable.net Merchandise inventory Total assets common stock, ss par value Betained earnings $ 28, 57,600 378,000 200.000 55,977 51200 107, 400 402500 200.000 60145 Problem 13-5A Part 1 Required: Problem 13-5A Part 1 Required: 1o. For both companies compute the (a) current ratio. (b) acid-test ratio, accounts receivable turnover (d) inventory turnover (e) days sales in inventory, and (6 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. 1A Acct Rec 1A Current Ratio 1A Add Test Ratio 1A Invent Turnover A Days Salin 1A Days Sal. Uncol 18 short term Turn IN For both companies compute the current ratio. Company Choose Numeraton Choose Denominator - Current Ratio Currento oto 1 oto 1 Barco 1A Acid Test Ratio > Problem 13-5A Part 1 Required: 1a. For both companies compute the (a) current ratio, (b) acid-test ratio, accounts receivable turnover, (d) inventory turnover (e) sales in inventory, and (days' sales uncollected. (Do not round intermediate calculations.) 1b. Identify the company you consider to be the better short-term credit risk. Print Complete this question by entering your answers in the tabs below. References 1 A Current Ratio 1A Acid Test1A Acct Rec Ratio Turn 1A Invent Turnover 1A Days Sal in Iny 1A Days Sal Uncol 18 short term For both companies compute the inventory turnover. Inventory Turnover (d) Company Choose Numerator: Choose Denominator Inventory Turnover Inventory turnover Barco Kyan Onts Problem 13-5A Part 1 Required: 1o. For both companies compute the current ratio, (b) acid-test ratio, accounts receivable turnover, (d) inventory turnover (c) days sales in inventory, and days' sales uncollected. (Do not round intermediate calculations.) tb. Identify the company you consider to be the better short-term credit risk Complete this question by entering your answers in the tabs below. A Acid Test A Act Rec A Invent LA Current Ratio A Days Salin Any 1A Days Sal Uncol 13 short term Turnover For both companies compute the days' sales in inventory. e) Company Choose Numerator Days Sales inntory Choose Denominaton x Days - Days' Sales in Inventory - Days' sales in inventory o days oldays Barco Myan Complete this question by entering your answers in the tabs below. 1A Current Ratio IA Acid Test Ratio 1A Acct Rec Turn 1A Invent Turnover 1A Days Salin In 1A Days Sal Uncol 18 short term For both companies compute the days' sales uncollected. U Days' Sales Uncollected Choose Denominator Company Choose Numerator: * Days Barco - Days' Sales Uncollected Days' sales uncollected o days o days Kyan Problem 13-5A Part 1 Required: 10. For both companies compute the (a) current ratio. (b) acid-test ratio, (d accounts receivable turnover, (d) inventory turnover (e) days' sales in inventory, and (1 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. 1A Current Ratio IA Add Test Ratio 1 Acct Rec Turn 1A Invent Turnover A Days Salin 1A Days Sal Iny Uncol 1B short term Identify the company you consider to be the better short-term credit risk. Better short-term crock