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 Kyan Company Company Data from the current year-end balance sheets Assets Cash $ 20,500 $ 31,000 Accounts receivable, net 36,400 55,400 Merchandise inventory 84,640 136,500 Prepaid expenses 6,100 7,500 Plant assets, net 310,000 309,400 Total assets $ 457,640 $539,800 Barco Kyan Company Company Data from the current year's income statement Sales $810,000 $921,200 Cost of goods sold 584,100 648,500 Interest expense 9,300 19,000 Income tax expense 15,569 25,432 Net income 201,031 228,268 Basic earnings per share 5.03 5.54 Cash dividends per share 3.70 3.97 Liabilities and Equity Current liabilities Long-term notes payable Common stock, $5 par value Retained earnings Total liabilities and equity $ 69,340 $102,300 81,800 103,000 200,000 206,000 106,500 128,500 $457,640 5539,800 Beginning-of-year balance sheet data Accounts receivable, net Merchandise inventory Total assets Common stock, $5 par value Retained earnings $ 32,800 $ 57,200 61,600 111,400 398,000 402, 500 200,000 206,000 53,469 63,796 Required: 19. For both companies compute the (a) current ratio. (b) acid-test ratio. (accounts receivable turnover, (c) inventory turnover, (e) days' sales in inventory, and (1 days' sales uncollected. (Do not round intermediate calculations.) 1b. Identify the company you consider to be the better short-term credit risk