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see the attach Summary information from the financial statements of two companies competing in the same industry follows: Karto Bryan Karto Company Company Company Data

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Summary information from the financial statements of two companies competing in the same industry follows: Karto Bryan Karto Company Company Company Data from the current yearData from the current year's income statement end balance sheets Assets Sales $780,000 Cost of goods Cash $20,000 $31,000 591,100 sold Accounts Interest 38,400 54,400 8,400 receivable, net expense Current notes Income tax 14,992 receivable 9,900 7,400 expense (trade) Merchandise $165,508 84,740 132,500 Net income inventory Prepaid Basic earnings 5,500 7,200 $4.87 expenses per share Plant assets, 350,000 308,400 net $508,540 $540,900 Total assets Beginning-ofyear balance sheet data Liabilities Accounts $28,800 and Equity receivable, net Current notes Current $67,340 $96,300 receivable 0 liabilities (trade) Long-term Merchandise 84,800 109,000 55,600 notes payable inventory Common stock, $5 par 170,000 196,000 Total assets 448,000 value Retained Common stock, 186,400 139,600 175,000 earnings $5 par value Total liabilities Retained $508,540 $540,900 146,300 and equity earnings 14. value: 15 points Requirement 1: For both companies compute the (a) current ratio, (b) acid-test ratio, (c) accounts (including notes) receivable turnover, (d) inventory turnover, (e) days' sales in inventory, and (f) days' sales uncollected. (Round your answers to 1 decimal place.) Karto Company a. b. c. d. e. f. Current ratio Acid-test ratio Accounts receivable turnover Inventory turnover Days' sales in inventory Days' sales uncollected Bryan Company to to times times days days to to times times days days 15. value: 15 points Requirement 2: For both companies compute the (a) profit margin ratio, (b) total asset turnover, (c) return on total assets, and (d) return on common stockholders' equity. Assuming that each company paid cash dividends of $3.6 per share and each company's stock can be purchased at $95 per share, compute their ( e) priceearnings ratios and (f) dividend yields. (Do not round interim calculations. Round your answers to 2 decimal place. Omit the "%" sign in your response.) Karto Company a . b . . Profit margin ratio % % Total asset turnover times times % % % % % % c. Return on total assets d Return on common stockholders' equity e . Bryan Company Price-earnings ratio f. Dividend yield

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