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. Required: 1a. For both companies compute the (b) current ratio, (b) acid-test ratio, ( ( a accounts receivable turnover, ( ( ) inventory turnover, (e) days" sales in inventory, and (f) days' sales uncollected. (Do not round intermediate calculations.) 1b. Identify the company you consider to be the better short-term credit risk