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		$	908,200
Cash	$	21,500		$	33,000			Cost of goods sold		591,100			634,500
Accounts receivable, net		35,400			60,400			Interest expense		8,100			14,000
Current notes receivable (trade)		9,400			8,000			Income tax expense		14,992			25,073
Merchandise inventory		84,740			128,500			Net income		165,808			234,627
Prepaid expenses		5,400			6,900			Basic earnings per share		4.15			5.43
Plant assets, net		320,000			308,400			Cash dividends per share		3.71			3.95
Total assets	$	476,440		$	545,200
								Beginning-of-year balance sheet data
Liabilities and Equity								Accounts receivable, net	$	27,800		$	53,200
Current liabilities	$	60,340		$	101,300			Current notes receivable (trade)		0			0
Long-term notes payable		84,800			101,000			Merchandise inventory		63,600			107,400
Common stock, $5 par value		200,000			216,000			Total assets		388,000			412,500
Retained earnings		131,300			126,900			Common stock, $5 par value		200,000			216,000
Total liabilities and equity	$	476,440		$	545,200			Retained earnings		113,892			62,913

1a. For both companies compute the (a) current ratio, (b) acid-test ratio, (c) accounts (including notes) 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 better short-term credit risk.