Summary information from the financial statements of two companies competing in the same industry follows Barco Company Company Kyan Barco Kyan Company Company Data from the current year-end balance sheets Assets Cash Accounts receivable, net Current notes receivable (trade) Herchandise inventory Prepaid expenses Plant assets, net Total assets Data from the current year's income statement Sales $760,000 $882,200 585,100 632, 500 7, 900 13,000 14, 608 24, 355 152, 392 212,345 4.92 3.98 s 18, 500 34,000 Cost of goods sold 36,400 54, 400 Interest expense 9,700 7,400 Income tax expense 84,940 140, 500 Net income 6,100 rs Basic earmings per anare 360, 000 309,400 Cash dividends per share S515, 640 $552,750 3.76 Beginning-of-year balance sheet data Accounts receivable, net s 25, 800 54,200 Liabilities and Eqquity Current liabilities Long-term notes payable Common stock, $5 Retained earnings Total liabilities and equity S65, 340 96, 300 Current notes receivable (trade) 84,800 101,000 Merchandise inventory 220,000 216,000 Total assets 145, 500 139, 450 Common stock, $5 par value 55,600 109,1400 448, 000 412, 500 220,000 216,boo 158, 548 99,041 par value $515, 640 $552,750 Retained earnings Required 1a. For both companies compute the (a) current ratio, (b) acid-test ratio, (c) accounts (including notes) receivable turnover, (a) inventory turnover, (e) days' sales in inventory, and ( days' sales uncollected. (Do not round intermediate calculations.) 1b. Identify the company you consider to be better short-term credit risk