Summary information from the financial statements of two companies competing in the same industry follows.

	Barco Company			Kyan Company					Barco Company			Kyan Company
Data from the current year-end balance sheets								Data from the current years income statement
Assets								Sales	$	810,000		$	896,200
Cash	$	19,500		$	36,000			Cost of goods sold		584,100			630,500
Accounts receivable, net		37,400			52,400			Interest expense		8,800			11,000
Merchandise inventory		84,640			132,500			Income tax expense		15,569			24,741
Prepaid expenses		5,500			7,850			Net income		201,531			229,959
Plant assets, net		360,000			307,400			Basic earnings per share		5.60			4.87
Total assets	$	507,040		$	536,150			Cash dividends per share		3.80			3.98
Liabilities and Equity								Beginning-of-year balance sheet data
Current liabilities	$	64,340		$	94,300			Accounts receivable, net	$	29,800		$	57,200
Long-term notes payable		83,800			105,000			Merchandise inventory		57,600			111,400
Common stock, $5 par value		180,000			236,000			Total assets		388,000			412,500
Retained earnings		178,900			100,850			Common stock, $5 par value		180,000			236,000
Total liabilities and equity	$	507,040		$	536,150			Retained earnings		114,169			58,747

rev: 11_27_2019_QC_CS-192168

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 sales uncollected. (Do not round intermediate calculations.) 1b. Identify the company you consider to be the better short-term credit risk.