Required information The following information dpplies to the questions displayed beiow] Summary information from the financial statements of two companies competing in the same industry follows. Required: 1a. For both companies compute the (o) current ratio, (b) acid.test ratio, (c) accounts receivable turnovec, (c) inventory turnover, (c) days' sales in ittentory, and (f) 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. for both companies compute the current ratio. Required: 1a. For both companies compute the (a) current ratio, (b) acid-test ratio, (d) accounts receivable turnover, (d) 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. Complete this question by entering your answers in the tabs below. For both companies compute the current ratio. Required: la. For both companies compute the (d) current ratio, (b) acid-test ratio, (c) accounts recelvable tumover, (d) 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. Complete this question by entering your answers in the tabs below. For both companies compute the acid-test ratio. Required: 1a. For both companies compute the (d) current ratio, (b) acid-test ratio, (c) accounts receivable turnover, ( d ) 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. Complete this question by entering your answers in the tabs below. For both companies compute the accounts (including notes) recelvable turnover. Required: 1a. For both companies compute the (a) current ratio, (b) acid-test ratio, (c) accounts recelvable turnover, (d) 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. Complete this question by entering your answers in the tabs below. For both companies compute the inventory turnover. 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 (f) days' soles 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. For both companies compute the days' sales in ifventory. Required: 1a. For both companies compute the (a) current ratio, (b) acid-test ratio, (c) accounts receivable turnover, ( d inventory turnover, (c) days" sates in inventory, and ( 0 days". sales uncollected. (Do not round intermediate calculations.) 1b. Identify the company you consider to be the better short-term credit fisk. Complete this question by entering your answers in the tabs below. For both companies compute the days' sales uncollected. Required: 1a. For both companies compute the (a) current ratio, (b) acid-test ratio, (c) accounts recelvable turnover, (d) inventory turnover, (e) days' soles 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. Complete this question by entering your answers in the tabs below. Identify the company you consider to be the better short-term credit risk