Summary information from the financial statements of two companies competing in the same industry follows. Barco Company Kyan Company Data from the current year-end balance sheets Data from the current year's income statement Cash Accounts receivable, net $ 21,000 37,400 Assets 84,640 Kyan Barco Company Company $ 800,000 $ 927,200 652,500 19,000 25,597 590,100 8,400 15,377 186,123 230,103 4.43 5.87 3.75 3.98 $ 30,000 52,400 130,500 7,400 5,500 290,000 313,400 $ 64,340 $ 96,300 99,000 80,400 196,000 142,400 $ 438,540 $ 533,700 Sales Cost of goods sold Interest expense Income tax expense Net income Basic earnings per share. Cash dividends per share Beginning-of-year balance sheet data Accounts receivable, net Merchandise inventory Total assets $ 27,800 57,600 $ 56,200 113,400 438,000 402,500 Common stock, $5 par value Retained earnings 210,000 196,000 51,777 68,33 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 $ 438,540 $533,700 83,800 210,000 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 (5 days' sales uncollected. (Do not round intermediate calculations.) 1b. Identify the company you consider to be the better short-term credit risk. Complete this question by entering your answers in the tabs below. 1A Current 1A Acid Test Ratio Ratio 1A Acct Reci 1A Invent 1A Days Sal in 1A Days Sal Turnover Uncol Turn For both companies compute the current ratio. Inv 18 short term