! Required information 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 $ 770,000 884,200 Prepaid expenses Cash $ 21,500 Accounts receivable, net 40,400 Merchandise inventory 84,540 Plant assets, net Total assets Current liabilities Liabilities and Equity Long-term notes payable Common stock, $5 par value Retained earnings Total liabilities and equity 5,900 310,000 $ 33,000 55,400 132,500 7,400 309,400 Income tax expense Net income Cost of goods sold 593,100 636,500 Interest expense 8,500 17,000 14,800 24,410 153,600 206,290 Basic earnings per share $ 462,340 $ 537,700 Cash dividends per share $ 64,340 $ 93,300 Accounts receivable, net 79,800 170,000 148,200 101,000 216,000 Beginning-of-year balance sheet data Merchandise inventory Total assets 127,400 Common stock, $5 par value $ 462,340 $ 537,700 Retained earnings 4.52 3.75 4.78 4.01 $ 25,800 $ 56,200 57,600 115,400 408,000 382,500 170,000 216,000 122,100 94,342