Required information [The following information applies to the questions displayed belowj Summary information from the financial statements of two companies competing in the same industry follows Barco Company Company Kyan Barco Kyan Company Company Data from the current year-end balance sheets Assets Cash Accounts receivable, net Current notes receivable (trade) Merchandise inventory Prepaid expenses Plant assets, net Total assets Data from the current year's income statement Sales 8 5005700 aes 84,640 140,500 Net income $800,000 $921,200 586,100 636,500 8,300 10,000 15,377 25,432 190,223 249,2618 5.51 3.94 $ 20,000$ 36,000 Cost of goods sold 33,400 57,400 Interest expense 190 377 5.01 9,500 7,000 Income tax expense 6,100 7,350 Basic earnings per share 310,000307,400 Cash dividends per share $463,640 $555,650 3.71 Beginning-of-year balance sheet data Accounts receivable, net Liabilities and Equity Current liabilities Long-term notes payable Comon stock, $5 par value Retained earnings Total liabilities and equity $29,800 $52,200 $ 67,340 $100,300 Current notes receivable (trade) 55,600 109,400 428,000 372,500 190,000 226,000 49,170 81,800 109,000 Merchandise inventory 190,000 226,000 Total assets 124.500 120,350 Common stock, $5 par value $463,640 $555,650 Retained earnings 75,257 Complete this question by entering your answers in the tabs below 1A Current Ratio 1A Acid Test Ratio 1A Acct Rec Turn 1A Invent Turnover 1A Days Sal in Inv 1A Days Sal Uncol Req 1B For both companies compute the acid-test ratio Acid-Test Ratio Choose Numerator: Company Choose Denominator: - Acid-Test Ratio Acid-test ratio Cash Short-term investments | + Current receivables | / Current liabilities 20,000 + 0 to 1 0 to 1 Kyan Complete this question by entering your answers in the tabs below. Days SalReq 1EB Uncol 1A Current1A Acid Test1A Acct Rec 1A Invent 1A Days Sal in 1A Ratio Ratio Turn Turnover Inv For both companies compute the accounts (including notes) receivable turnover. Accounts Receivable Turnover Company Choose Numerator: Choose Denominator: Accounts Receivable Turnover Accounts receivable turnover Barco 0 times 0 times Kyan K 1A Invent Turnover> 1A Acid Test Ratio Complete this question by entering your answers in the tabs below. A Days Sal in 1A Days Sal 1A Current 1A Acid Test 1A Acct Rec1A Invent 1 Req 1B Ratio Ratio Uncol Turn Turnover Inv For both companies compute the inventory turnover Inventory Turnover Company Choose Numerator: Choose Denominator: Inventory Turnover Inventory turnover Barco 0 times Kyan 0 times 1A Days Sal in Iny > 1A Acct Rec Turn 1A Current Ratio 1A Acid Test Ratio 1A Acct Rec Turn 1A Invent Turnover 1A Days Sal in Inv 1A Days SaR Uncol Req 1B For both companies compute the days' sales in inventory Days' Sales in Inventory Company Choose Numerator: Choose x Days Days' Sales in Inventory Days' sales in inventory Barco 0 days 0 days Kyan Req 1B Uncol Inv Turnover Turn Ratio Ratio For both companies compute the days' sales uncollected. Days' Sales Uncollected x Days Days' Sales Uncollected Choose Denominator: CompanyChoose Numerator: Days' sales uncollected 0 days 0 days Barco Kyan 1A Days Sal in Inv 1A Current Ratio 1A Acid Test1A Acct Rec1A Invent Turn 1A Days Sal in Inv 1A Days Sal Uncol Req 1B Ratio Turnover Identify the company you consider to be the better short-term credit risk. Better short-term credit risk