Requlred:

$1$a$.$ For both companies compute the $($a$)$ current ratio, $($b$)$ acid$-$test ratio, $($c$)$ accounts recelvable turnover, $()$ inventory turnover, $($e$)$ days' sales in inventory, and $($ days' sales

uncollected.

Note: Do not round Intermedlate calculations.

$1$b$.$ Identify the company you consider to be the better short$-$term credit risk.

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