Summary information from the financial statements of two companies competing in the same industry follows. Sarco Merchandise inventory Prepaid expenses Plant assets, net Total assets Liabilities and Equity Current liabilities) Long-term notes payable Common stock, $5 par value Retained earnings Total liabilities and equity $ 63,340 $93,300 Barco Company Company Kyan Company Company Data from the current year-end balance sheets Assets Data from the current year's income statement Sales $790,000 $882,200 Cash $19,500 $33,000 Accounts receivable, net 35,400 54,400 84,640 142,500 5,300 6,950 330,000 312,400 Cost of goods sold Interest expense Income tax expense Net Income 596,100 634 500 9,200 17,000 15,185 24,355 169,515 206,345 82,800 107,000 180,000 196,000 148,700 152,950 $474,840 $549,250 $474,840 $549,250 Basic earnings per share Cash dividends per share Accounts receivable, net Merchandise inventory Common stock, $5 par value Retained earnings 4.71 $.26 3.73 3.93 Beginning-of-year balance sheet data $ 25,800 $52,200 61,600 107,400 Total assets 448,000 180,000 113,465 402 500 196,000 100 661 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.