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[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 years income statement
Assets								Sales	$	770,000		$	883,200
Cash	$	21,500		$	35,000			Cost of goods sold		587,100			632,500
Accounts receivable, net		35,400			53,400			Interest expense		8,800			15,000
Merchandise inventory		84,840			142,500			Income tax expense		14,800			24,383
Prepaid expenses		5,800			7,050			Net income		159,300			211,317
Plant assets, net		310,000			310,400			Basic earnings per share		4.19			5.39
Total assets	$	457,540		$	548,350			Cash dividends per share		3.81			4.01
Liabilities and Equity								Beginning-of-year balance sheet data
Current liabilities	$	62,340		$	100,300			Accounts receivable, net	$	29,800		$	56,200
Long-term notes payable		86,800			103,000			Merchandise inventory		53,600			117,400
Common stock, $5 par value		190,000			196,000			Total assets		418,000			412,500
Retained earnings		118,400			149,050			Common stock, $5 par value		190,000			196,000
Total liabilities and equity	$	457,540		$	548,350			Retained earnings		103,880			94,925

Required: 1a. For both companies compute the (a) current ratio, (b) acid-test ratio, (c) accounts receivable turnover, (d) inventory turnover, (e) days sales in inventory, and (f) days sales uncollected. (Do not round intermediate calculations.) 1b. Identify the company you consider to be the better short-term credit risk.