Return to questa 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 $ 19,500 $ 34,000 Accounts receivable, net 46,500 64,600 Merchandise Inventory 84,440 132,500 Prepaid expenses 5.000 6,950 Plant assets, net 290,000 306,400 Total assets $445.440 5542,450 Barco Company Company Data from the current year's income statement Sales $770,000 $180,00 Cost of goods sold 585,199 632500 Interest expense 7.900 13,000 Income tax expense 14,800 2430 Net Income 162,200 210,400 Basic earnings per share 4.51 3.11 Cash dividends per share 3.81 Liabilities and Equity Current liabilities Long-terin notes payable Connon stock, 55 par value Retained earnings Total liabilities and equity 5 61,340 $ 93,300 80,800 101,000 180,000 206,000 123300 142, 150 $445,440 $542,450 Beginning-of-year balance sheet data Accounts receivable, net Merchandise Inventory Total assets Common stock, 55 par value Retained earnings 5 29,800 $ $4200 55,600 107,480 398,000 382 See 180,000 206,000 98,300 93 600 Required: 10. For both companies compute the (a) current ratio, (b) acid-test ratio, accounts receivable turnover (inventory turnover (el days sales in inventory, and (7 days' sales uncollected. (Do not round intermediate calculations.) 1b. Identify the company you consider to be the better short-term credit risk Proy 1 2 of 2 Next > Uw inchil http:253A%252F%252Fm. SA Sred Required: 10. For both companies compute the (a) current ratio, (b) acid-test ratio, (g accounts receivable turnover. (inventor 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. Complete this question by entering your answers in the tabs below. 1A Current Ratio 1A Acid Test Ratio 1A Acct Rec Turn IA Invend) 11 Days sal in 1A Days Sal Uncol 1B short term Turnover Inv For both companies compute the current ratio. ta) Company Current Ratio Choose Denominator Choose Numerator: Current Ratio Current ratio 0 to 1 Barco Kyan 0 to 1 1A Acid Test Ratio > mendes html?concederal browOnchidhttp%253A%2521252mmhedon.com Required: 1a. For both companies compute the (a) current ratio, (b) acid-test ratio. (accounts receivable turnover. () 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. Complete this question by entering your answers in the tabs below. 1A Current Ratio IATAcid Test Ratio 1A Acct Rec Turn 1A Invent Turnover 1A Days Salin Iny 1A Days Sal Uncol 1B short term For both companies compute the acid-test ratio. Acid-Test Ratio (b) Company Choose Denominator Choose Numerator Acid-Test Ratio Add-test ratio 0 to 1 2 Barco 0 to 1 Kyan 1A Acct Rec Tum > PM Required: 10. For both companies compute the (a) current ratio, (b) acid-test ratio, (c) accounts receivable turnover (inventory turnover, le da 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. Complete this question by entering your answers in the tabs below. 1B short term 1A Days Sal in 1A Days Sal Inv Uncol 1A Current Ratio 1A Acct Rec Turn 1A Add Test Ratio 1A Invent Turnover For both companies compute the inventory turnover. (d) Company Choose Numerator: Inventory Turnover Choose Denominator: 1 Inventory Turnover Inventory turnover o times 0 times Barco Kyan 1A Days Sal in Inv Required: 1o. For both companies compute the (a current ratio, (b) acid test ratio, id accounts receivable turnover, la inventory turnevet let dar! 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 Complete this question by entering your answers in the tabs below. 1A Current 1A Acid Test 1A Acct Rec 1A Invent 1A Days Salin 1A Days Sal Ratio Ratio Turn Turnover Uncol 18 short term NA For both companies compute the days' sales in inventory (0) Days Sales in Inventory Company Choose Numerator: Choose Denominator: X Days Days' Sales In Inventory Accounts receivables, net Net sales x 365 Days sales in inventory X Barco x 0 days 0 days Kyan Required: 1o. For both companies compute the current ratio, (b) acid-test ratio, accounts receivable turnover (inventory tumover days 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 Complete this question by entering your answers in the tabs below. 1A Current Ratio 1A Acid Test Ratio 1A Acct Rec Turn 1A Invent Turnover 18 short term 1A Days Salin IA Days Sal Inv Uncol For both companies compute the days' sales uncollected 0 Company Choose Numerator: 1 Days Sales Uncollected Choose Denominator: x Days X Days Sales Uncollected Days' sales uncollected 0 days 0 days X Barco Kyan 2 x 1B short term> 1A Days Salin Inv of 2 Required: 1a. For both companies compute the current ratio, (b) acid-test ratio, id accounts receivable turnover, inventory turnover e days 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. Complete this question by entering your answers in the tabs below. 1A Current Ratio 1A Acid Test Ratio 1A Acct Rec Turn 1A Invent Turnover 1A Days Salin 1A Days sal Inv Uncol 1B short term -nces Identify the company you consider to be the better short-term credit risk. Belter short-term credit risk