Summary information from the financial statements of two companies competing in the same industry follows. Cash 3.99 Barco Kyan Barco xyan Company Company Company Company Data from the current year-end balance sheets Data from the current year's income statement Assot Sales 5760,000 5915,200 $ 20,500 $ 31,000 Cost of goods sold 584,100 630,500 Accounts receivable.net 37.400 52,400 Interest expense 8,300 17.000 Current notes receivable (trade) 9,200 3,200 Income tax expense 14,600 25.1266 Merchandise inventory 84,840 138.500 Net income 152.992 242,43 Prepaid expenses 5,800 7,250 Basic earnings per share 3.82 S. Plant assets, net 340,000 306,400 Cash dividende per share 3.77 Total assets $497,740 $54), 750 Deginning-of-year balance sheet data Liabilities and Equity Accounts receivable, net $ 30,800 $ 57.200 Current liabilities $ 71,340 $ 99,300 Current notes receivable (trade) 0 Long-term notes payable 79,800 115,000 Merchandise inventory 59,600 115.400 Common stock, 55 par value 200,000 206,000 Total assets 458,000 372,500 Retained earnings 146.609 123,450 Common stock, 35 par value 200,000 206.000 Total liabilities and equity $497,740 954), 750 Retained earnings 144, 408 44.580 Required: 10. For both companies compute the (a) current ratio, (b) acid-test ratio, ( accounts (including notes) receivable turnover, (d) 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 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 Sal in 1A Days Sal Inv Uncol Reg 1B For both companies compute the current ratio. Company Choose Numerator: Current Ratio Choose Denominator: Barco Kyan = Current Ratio Current ratio to 1 to 1 1 TACT 1A Aeld Test Ratio 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 Reg 1B For both companies compute the acid-test ratio. (b) Company Acid-Test Ratio Choose Numerator: Choose Denominator: Barco Kyan ++. Acid-Test Ratio Acid-tost ratio to 1 to 1 9 ( 1A Current Ratio 1A Acet Ree Turn > 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 Inv Uncol Req 1B For both companies compute the accounts (including notes) receivable turnover. Accounts Receivable Turnover Company Choose Numerator: 7 Choose Denominator: Accounts Receivable Turnover Accounts receivable turnover Barco times Kyan 1 times Complete this question by entering your answers in the tabs below. 1A Current 1A Acid Test 1A Acct Rec 1A Invent 1A Days Sal in 1A Days Sal Ratio Ratio Turn Turnover Inv Uncol For both companies compute the days' sales in Inventory. Reg 1B (0) Company Choose Numerator: Days Sales In Inventory Choose Denominator: Barco Kyan Days - Days' Sales In Inventory Days' sales in Inventory days days 1A Invent Turnover 1A Days Sal Uncol > Complete this question by entering your answers in the tabs below. 1A Current Ratio 1A Acid Test Ratio 1A Acct Rec Tum 1A Invent Turnover 1A Days Sal in 1A Days Sal Iny Uncol Reg 13 For both companies compute the days' sales uncollected. (0 Company Choose Numerator: Days' Sales Uncollected 1 Choose Denominator: X Days 1 1 Barco Days' Sales Uncollected Days' sales uncollected days days Kyan