Required information The following information applies to the questions displayed below) it 1 of 2 Summary information from the financial statements of two companies competing in the same industry follows. Barco Kyan Company Company Data from the current year-end balance sheets Assets $ 21,000 $37,000 Recounts receivable, net 39,400 51,400 Merchandise Inventory 84,940 128,500 Prepaid expenses 5.300 7,400 Plant assets, net 320.000 307, 400 Total assets $471.140 3531,700 Barco xyan.. Company Company Data from the current years income statement Sales $800,000 $887,200 Cost of goods sold 588,100 640, 500 Interest expense 8.800 16,000 15.377 24,493 Net Income 187,723206, 207 Basie earnings per share 4.27 0.19 Cash dividenda per share 4.00 Liabilities and Equity Current liabilities Long-term notes payable Comon stock, 35 par value Retained earnings Total liabilities and equity Beginning-of-year balance sheet data $ 68.340 $ 94,300 Mecounts receivable, met 79.00 105.000 Merchandise inventory 220,000 246,000 Total assets 103.000 15.000 common stock, 55 par value $471.140 S531,700 Retained earnings $ 31,800 551,200 63.600 111,400 418,000 372,500 220.000 205.000 30,717 75.59) Required: 1a. For both companies compute the current ratio, o acid-test ratio, accounts receivable turnover, 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 inventory turnover, (e) days