Required information The following information apples to the questions displayed below! Summary information from the financial statements of two companies competing in the same industry follows. Barco kyan Company Company Data from the current year-end balance sheets Assets Cash $ 22, eae $ 36,eee Accounts receivable.net 39,400 58,460 Merchandise inventory 84,340 138,5ee Prepaid expenses 5,80 7,1ee Plant assets, het See.ee 312,4 Total assets $450, 540 5552,402 Barca yan Company Company Data from the current year's income statement Sales 1808, eee $183,280 Cost of goods sold 590, Lee 632,5 Interest expense 8,70e 18. eee Income tax expense 15,977 24,303 Net income 285,823 216,312 Basic earnings per share 5.81 4.79 Cash dividends per share 3.76 Liabilit and Equity Current liabilities Long-term not able Connon stock, 35 par value Retained earnings Total liabilities and equity $ 69,340 $100, see 85,800 109, eee 16e.ee 226.ece 135,468 117,1ee $452,54 1552.4ee Beginning-of-year balance sheet data Accounts receivable, net Merchandise Inventory Total assets Connon stock, $5 par value Retained earnings $ 25,20 5 5720 55,600 115,4ee 448, eee 392,50 16e,eee 69,897 311311 Required: 1o. For both companies compute the current ratio. (b) acid-lest ratio, id accounts recevable turnovel (cinventory turnover (el days' 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 Required: 1a. For both companies compute the (a current ratio, (b) acid-test ratio, (g accounts receivable turnover. (d) Inventory turnover le 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 LA Add Test Rabo 1A Acct Rec Turn 1A Invent Tumover 1A Days Salin In 1A Days Sal TC 18 short term For both companies compute the current ratio (a) Company Choose Numerator Current Ratio Choose Denominator Current Ratio Current ratio Oto 1 Barco Kyan OD 1 1A Current Ratio 1A Acid Test Ratio > Required: 1a. For both companies compute the (a) current ratio. (b) acid-test ratio. ( accounts receivable turnover, (d) inventory turnovet, (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 Patio 1A Acct Rec Tum 1A Days Salin 1A Invent Tumover Inv LA Days Sal Uncol 18 short term For both companies compute the acid-test ratio. Acid-Test Ratio (6) Company Choose Numerator Choose Denominator Acid-Test Ratio Acid-test ratio oto 1 Barco Kyan oto 1 1A Current Ratio 1A Acct Rec Turn Required: 1a. For both companies compute the (a) current ratio, (b) acid-test ratio ( accounts receivable turnover. (d) inventory turnover (el days' sales in inventory, and (1) days' sales uncollected. (Do not round intermediate calculations.) 1b. Identify the company you consider to be the better shoul-term credit risk. Complete this question by entering your answers in the tabs below. 1A Current Ratio 1A Add Test Ratio 1A Acct Rec Tum 1A Invent Turnover 14 Days Salin Inv 1A Days Sol Uncol 18 short term For both companies compute the accounts (including notes) receivable tumover Accounts Receivable Turnover Company Choose Numerator Choose Denominator Accounts Receivable Turnover Accounts receivable tumover Barco O umes Kyan Oltimes 1A Acid Test Ratio 1A Invent Turnover > Required: 1o. For both companies compute the (a) current ratio, (b) acid-test ratio, ( accounts receivable lurnover. (d) inventory turnover, lei 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 Patio LA Add to Ratio 1A Acct Red Tum 1A Inven Tumover 1A Days Salin Inv 1A Days Sal Uncol 18 short term For both companies compute the inventory turnover (ch Company Choose Numerator Inventory Tumover Choose Denominator: Inventory Turnover inventory turnover O times Barco Kyan Olmes ( 1A Acct Rec Turn 1A Days Sal In Inv> Required: 1o. For both companies compute the (a) current ratio, (b) acid-lest ratio, ( accounts receivable turnover, (d) inventory turnover, (el 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 Days Sal Uncol 18 short term 1A Current 1A Add Test 1A Act Rec 1A Invent 1A Days Salin Ratio Ratio Tum Turnover Inv For both companies compute the days sales in inventory (el Company Choose Numerator Days Sales In Inventory Choose Denominator: X Days Days Sales in Inventory Days' sales in inventory Odays Oldays Barco Kyan (1A Invent Turnover 1A Days Sal Uncol > Required: 1o. For both companies compute the al current ratio, (b) acid-test ratio, ( accounts receivable turnover. (d) inventory turnover, (e) days' sales in inventory, and (1 days' sales uncollected. (Do not round intermediate calculations.) 1b. Identily 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 1A Aod Test Ratio IA Acct Rec Tum 1A Invent Turnover 1A Days Salin Inv 1A Days Sol al 1B short term 1A Days So Unco! For both companies compute the days' sales uncollected Days' Sales Uncollected Choose Denominatori Company Choose Numerator: Days Days' Sales Uncollected Days' salos uncollected O days O days Barco X Kyan Required: 10. For both companies compute the (a current ratio, (b) acid-test ratio. (d accounts receivable turnover. Id inventory turnover (el days' sales in inventory and (1) days' sales uncollected. (Do not found 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 Patio 1A Acid Test Ratio IA Acet Red Tum 1A Invent Turnover 1A Days Salin Iny IA Days Sol Uncol 18 short term Identify the company you consider to be the better short-term credit risk Beter som Credit ( 1A Days Sal Uncol Hone