Summary information from the financial statements of two companies competing in the same industry follows Barco Kyan Barco Company Kyan Company Data from the current year-end balance sheets Company Company Assets Data from the current year's income statement Sales Cash Accounts receivable, net $19,500 $34,000 46,500 64,600 84,440 132,500 5,000 290,000 6,950 104,400 Net income cost of goods sold Interest expense Income tax expense Basic earnings per share Cash dividends per share $770,000 $880,200 585,100 632,500 7,900 13,000 14,000 162,200 4.51 24, 300 210,400 5.11 3.81 3.93 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 $445,440 $542,450 $ 61, 140 $93,300 80,000 180,000 123, 300 101,000 206,000 142,150 $445,440 $542,450 Accounts receivable, net Merchandise inventory Beginning-of-year balance sheet data $ 29,800 $ 54,200 35,000 107,400 398,000 382,500 180,000 206,000 98,300 93,600 Total assets common stock, $5 par value. Retained earnings 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