Summary information from the financial statements of two companies competing in the same industry follows Haco Company Kyan Company Data from the current year and balance sheets Assets Accounts receivable.net Merchandise inventory Prepaid openses plant assets.net Total assets Barco Kyan Company Company Data from the current year's income statement Sales $ 18,500 $ 35,000 Cost of goods sold 35, 400 58.48 Interest expense 84.940 138,500 Income tax expense 5, 100 7.500 Net income 370.900 310,400 Basic earnings per share $ 513, 940 $ 549,00 Cash dividends per share lleginning-of-year balance sheet data $6.3905 99,300 Accounts receivable; het 80, 800 107.000 Merchandise inventory 200.000 205,000 Total assets 171, 800 137.500 Common stock, 55 par value $ 513,949 $ 549,300 Retained earnings $ 819,000 $ 805, 200 585, 100 534,500 9. de 11 000 15,569 24,714 269,331 224,366 5.01 5.45 3.73 4.31 Liabilities and Equity Current Biblities Longter nosalte Destock 55 ar value Retracted arengs Total liabilities and musty $ 31,300 53, 600 418.000 200,000 119,869 $ 53,209 107,400 492, 56 200, Bee 77,725 LA Current Ratha IA Acid Test Ratio TA Act RC Tum 1A Invent Turnover 1A Days Salin IA Days Sal Iny Uncol 18 short term For both companies compute the current ratio. Co Contato Denominator cument tables IPura Curreni a Current ratio 0101 010 513.000 Barco Kyan IA Acid Test Ratio > for both companies compute the acid-test ratio Time Denomina - Acid-tetto 001 Bar yan A Current 1A ACL Rec un For both companies compute the accounts (including notes) receivable turnover, Accesibile Accounts recebe utover times Barco Kyan tes Rate A invent Turnov De Inventory umow O Dance Kyan times For both companies compute the days Sales uncollected Dewmino Days - Days Sales Uncated Days' sales uncollected oday Barco Kyan oday 1A Days Salin Inv 18 sm be Identify the company you consider to be the better short-term credit risk.