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	$ 790,000	$ 908,200
Cash	$ 21,500	$ 35,000	Cost of goods sold	596,100	646,500
Accounts receivable, net	34,400	50,400	Interest expense	7,600	10,000
Merchandise inventory	84,740	132,500	Income tax expense	15,185	25,073
Prepaid expenses	5,200	7,300	Net income	171,115	226,627
Plant assets, net	320,000	304,400	Basic earnings per share	4.07	4.80
Total assets	$ 465,840	$ 529,600	Cash dividends per share	3.76	3.93
Liabilities and Equity			Beginning-of-year balance sheet data
Current liabilities	$ 70,340	$ 92,300	Accounts receivable, net	$ 28,800	$ 58,200
Long-term notes payable	84,800	105,000	Merchandise inventory	61,600	111,400
Common stock, $5 par value	210,000	236,000	Total assets	408,000	382,500
Retained earnings	100,700	96,300	Common stock, $5 par value	210,000	236,000
Total liabilities and equity	$ 465,840	$ 529,600	Retained earnings	87,505	55,169

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.