Required information [The following information applies to the questions displayed below) Summary information from the financial statements of two companies competing in the same industry follows. Data from the current year. end balance sheets Assets Cash Accounts receivable, net Merchandise inventory Prepaid expenses Plant assets, net Total assets Liabilities and Equity Current liabilities Long-term notes payable Common stock, $5 par value Retained earnings income statement Sales Barco Company Kyan Company Barco Company Kyan Company Data from the current year's $ 800,000 5 882, 200 $19,500 35,400 584, 100 8,500 630,500 14,000. 15,377 24,355 192,023 205,345 304,400 5.33 4.17 3.73 3.90 84,340 6,100 290,000 $ 36,000 56, 400 136,500 7,150 $ 435,340 S 540, 450 Cost of goods sold Interest expense Incone tax expense Net income Basic earnings per share Cash dividends per share Beginning-of-year balance sheet data Accounts receivable, net Merchandise inventory Total assets $ 68,340 $ 96,300 $ 20,000 $ 58,200 81,8001 180,000 105.200 101,000 61,600 107,400 246,000 428,000 412,500 97,150 Common stock, $5 par value, 180,000 240,000 Total liabilities and equity S 435,340 S 540, 450 Retained earnings 47,457 86,637 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 (5 days' sales uncollected. (Do not round intermediate calculations.) 1b. Identify the company you consider to be the better short-term credit risk below