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

financial statements of two companies competing in the same Industry follows. Barco Kyan Barco Kyan Company Company Data from the current year's income statement Sales Data fron the current year-end balance sheets $776,86e $987,200 594,180 638 5ee 8,8 15,000 14, 8ee 25 Jeas 252, 228,655 Assets s 19,5ee s 36,80e Cost of goods sold 37,488 53,408 Interest expense ,800Incose tax expense Cash Accounts receivable, net Current notes receivable (trade) 9,98e 84,848 132,5ee Net income 5,7807,550 Basic earnings per share 29e,888 386,480 Cash dividends per share Herchandise inventory 3.63 06 Prepaid expenses Plant assets, net 3.92 3.76 $447, 34 $543,650 Total assets Beginning-of-year balance sheet data Accounts receivable, net s 27,888 s 561288 Liabilities and Equity 5 69,348 s 98,38e Current notes receivable (trade) 83,880 115,eee Merchandise inventory 216,820 226,eee Total assets 84,288112,35e common stock, $5 par value Current liabilities 63,680105488 Long-ters notes payable Common stock, $5 par value Retained earnings 98,886 422,5ee 210,ee0 226 Jeee 447, 340 $543,65e Retained earnings Total liabilities and equity 89, 828 6e, 879 1e. For both companles compute the (a) current ratio, (b) acld-test ratlo, (accounts (Including notes) recelvable turnover, (c) Inventory turnover, (e) days' sales in Inventory, and ( days sales uncollected. (Do not round Intermedlate calculations.) 1b. Identify the company you consider to be better short-term credit risk. Complete this question by entering your answers in the tabs below. LA Current 1A Acid Test 1A Acct Rec 1A Invent 1A Days Sal in 1A Days Sal Uncol Req 18 Ratio Turnover Inv Ratio Turn For both companies compute the current ratio. - Current Ratio Company Choose Numerator: Choose Denominator Curent ratio o to 1 Barco 0lto 1 Kyan A Acid Test Ratio > Required: 18. For both compantes compute the () current ratio, (b) acid-test ratio, () accounts (including notes) recetvable turnover, (d) Invento turnover, (e) days' sales in inventory, and (1 days sales uncollected. (Do not round Intermedlate calculations.) 1b. Identify the company you consider to be better short-term credit isk Complete this question by entering your answers in the tabs below. IA Days Sal in Inv 1A Days Sal Uncol 1A Current IA Acid Test 1A Acct Rec . 1A Invent Turnover Req 1B RatioRas Turn For both companies compute the acid-test ratio. Acid-Test Ratio Choose Numerator Choose Denominatc -Acid-Test Ratio Acid-test ratio Barco 0 to 1 Kyan O to 1 K 1A Current Ratio A Acct Rec Turn ) Required: 1a. For both companies compute the (a) current ratio, (b) acld-test ratio, (d accounts (including notes) recevable turnover, (d)t turnover, (e) days' sales in inventory, and (1 days' sales uncollected. (Do not round Intermediate calculations.) 1b. Identfy the company you consider to be better short-term credit risk Complete this question by entering your answers in the tabs below. 1A Invent 1A Days Sal in 1A Days a R18 Turnover 1A Acid Test Ratio 1A Acct Turn 1A Current Uncol Inv Ratio For both companies compute the accounts (including notes) receivable turnover. - Accounts Receivable Turnover mpany Choose Numerator: Choose Denominator: Accounts receivable turnove O times Barco Kyan 0 times A Invent Tumover > C 1A Acid Test Ratio Required: 1e. For both companies compute the (o current ratlo. (D) acid-test ratto. (o accounts (including notes) recelvable turnover, (e) days' sales in Inventory, and (5 days sales uncollected. (Do not round Intermedlate caiculations.) 1b. Identify the company you consider to be better short-term credit risk Complete this question by entering your answers in the tabs below. A Days Sal in 1A Days Sa Req 1B 1AI Turnov 1A Acid Test 1A Acct Rec 1A Current Inv Ratio For both companies compute the inventory turnover Inventory Turn over es Company Choose Numerator:Choose Denominator: | Inventory turnover # 0 times Barco O times Kyan A Days Sal in Inv )