Summary information from the financial statements of two companies competing in the same industry follows.

$\backslash$table$[[,\backslash$table$[[$Barco$],[$Company$]],\backslash$table$[[$Kyan$],[$Company$]],,\backslash$table$[[$Barco$],[$Company$]],$Kyan Company$],[\backslash$table$[[$Data from the current year$-$end$],[$balance sheets$]],,,\backslash$table$[[$Data from the current year's income$],[$statement$]],,],[$Assets$,,,$Sales,$$800,000,$$$921,200],[$Cash$,$$$21,500,$$$32,000,$Cost of goods sold,$587,100,640,500],[$Accounts receivable, net,$36,400,59,400,$Interest expense,$9,100,11,000],[$Merchandise inventory,$84,540,136,500,$Income tax expense,$15,377,25,432],[$Prepaid expenses,$5,800,7,200,$Net income,$188,423,244,268],[$Plant assets, net,$330,000,304,400,$Basic earnings per share,$4\mathrm{.}49,5\mathrm{.}40],[$Total assets,$$478,240,$$$539,500,$Cash dividends per share,$3\mathrm{.}81,3\mathrm{.}99],[$Liabilities and Equity,,,Beginning$-$of$-$year balance sheet data,,$],[$Current liabilities,$$66,340,$$$96,300,$Accounts receivable, net,$$32,800,$$$56,200],[$Long$-$term notes payable,$78,800,109,000,$Merchandise inventory,$63,600,111,400],[$Common stock, $$5$ par value,$210,000,226,000,$Total assets,$438,000,372,500],[$Retained earnings,$123,100,108,200,$Common stock, $$5$ par value,$210,000,226,000],[$Total liabilities and equity,$$478,240,$$$539,500,$Retained earnings,$94,697,44,280]]$

Required:

$1$a$.$ 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.

Note: Do not round intermediate calculations.

$1$b$.$ Identify the company you consider to be the better short$-$term credit risk.

Complete this question by entering your answers in the tabs below.

$\backslash$table$[[\backslash$table$[[1$A Current$],[$Ratio$]],\backslash$table$[[1$A Acid Test$],[$Ratio$]],\backslash$table$[[1$A Acct Rec$],[$Turn$]],\backslash$table$[[1$A Invent$],[$Turnover$]],\backslash$table$[[1$A Days Sal in$],[$Inv$]],\backslash$table$[[1$A Days Sal$],[$Uncol$]]]]$

For both companies compute the current ratio.

$($a$)$

Current Ratio