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 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 Total liabilities and equity $ 68,340 $104,300 34,400 84,840 6,100 57,400 134,500 7,000 Barco Company Kyan Company Kyan Company Company Data from the current year-end balance sheets Data from the current year's income statement Assets Cash Accounts receivable, net $ 19,000 $ 36,000 Sales Cost of goods sold Interest expense $800,000 $888,200 594,100 632,500 7,800 16,000 15,377 24,521 182,723 215,179 Income tax expense Net income 280,000 $424,340 $538,300 303,400 Basic earnings per share Cash dividends per share 5.37 4.98 3.73 3.93 Beginning-of-year balance sheet data Accounts receivable, net $25,800 $53,200 79,800 117,000 170,000 216,000 106,200 101,000 $424,340 $538,300 Merchandise inventory 63,600 109,400 Total assets 420,000 402,500 Common stock, $5 par value 170,000 216,000 Retained earnings 50,297 55,597 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. Complete this question by entering your answers in the tabs below.