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 xyan Company Company Data from the current year-end balance sheets Assets Canh $ 20,500 $ 34,000 Accounts receivable, net 39,400 55,400 Merchandise inventory 84,240 128,500 Prepaid expenses 5,300 7,200 Plant assets, net 340,000 303,400 Total assets 9489,440 $528,500 nasto Company Data from the current year's income statement Company Sales 3100,000 5926,200 Coat of goods sold 594,100 Interest expense 0.200 16.000 Income tax expense 15,177 25,570 Net Income 182,322 Basic earnings per share 9.33 cash dividends per share 3.81 Liabilities and Equity Current liabilities Long-term notes payable Common stock, $5 par value Retained earnings Total liabilities and equity $ 70,340 $109,300 83,800 10.000 200,000 226,000 135, 300 91,200 $489,440 $528,500 Beginning-of-year balance sheet data Accounts receivable, net Merchandise inventory Total assets Common stock, $5 par value Retained earnings 5 31,800 $ 53,00 55,600 109.400 448.000 412,500 200,000 226,000 105,377 19.15 Required: 1a. For both companies compute the (a) current ratio, (b) acid-test ratio, (c) accounts receivable turnover, (a) inventory turnover, (e) 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. Complete this question by entering your answers in the tabs below. 18 short term 1A Current 1A Acid Test 1A Acct Rec 1A Invent 1A Days Sal in 1A Days Sal Ratio Ratio Tum Turnover Inv Uncol Identify the company you consider to be the better short-term credit risk. Better short-term credit risk