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	$ 780,000	$ 909,200
Cash	$ 20,000	$ 32,000	Cost of goods sold	592,100	644,500
Accounts receivable, net	36,400	58,400	Interest expense	8,600	16,000
Merchandise inventory	85,040	140,500	Income tax expense	14,992	25,100
Prepaid expenses	5,200	7,750	Net income	164,308	223,600
Plant assets, net	320,000	306,400	Basic earnings per share	4.83	5.18
Total assets	$ 466,640	$ 545,050	Cash dividends per share	3.75	4.00
Liabilities and Equity			Beginning-of-year balance sheet data
Current liabilities	$ 66,340	$ 93,300	Accounts receivable, net	$ 30,800	$ 57,200
Long-term notes payable	83,800	103,000	Merchandise inventory	53,600	111,400
Common stock, $5 par value	170,000	216,000	Total assets	458,000	372,500
Retained earnings	146,500	132,750	Common stock, $5 par value	170,000	216,000
Total liabilities and equity	$ 466,640	$ 545,050	Retained earnings	109,692	81,950

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.