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. Barco Company Kyan Company Barco Company Kyan Company Data from the current year-end Data from the current year's income balance sheets. Assets Cash Total liabilities and equity Accounts receivable, net Merchandise inventory Prepaid expenses Plant assets, net Total assets Liabilities and Equity Current liabilities Long-tern notes payable Common stock, $5 par value: Retained earnings 5,900 330,000 $473,940 $ 62,340 82,800 200,000 128,800 $473,940 50,400 128,500 7,800 303,400 $525,100 statement Sales Cost of goods sold Interest expense Income tax expense Net incone $ 800,000 5888,200 $ 20,000 33,400 $ 35,000 84,640 584,100 9,000 15,377 636,500 14,000 191,523 24,521 213,179 Basic earnings per share Cash dividends per share- $ 93,300 Accounts receivable, net 109,000 Merchandise inventory 216,000 Total assets. 106,800 $525,100 Common stock, $5 par value Retained earnings 4.79 3.73 4,93 3.96 Beginning-of-year balance sheet data $25,00 $ 52,200 57,600 107,400 388,000 382,500 200,000 216,000 86,477 64,693 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 (4) days' sales uncollected. (Do not round intermediate calculations.) 1b. Identify the company vou consider to be the better short-term credit risk.