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Summary information from the financial statements of two companies competing in the same industry follows. Required: 1a. For both companies compute the ( a )

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Summary information from the financial statements of two companies competing in the same industry follows. Required: 1a. For both companies compute the ( a ) current ratio, (b) acid-test ratio, (c) accounts recelvable turnover, ( d ) inventory turnover, (e) da sales in inventory, and ( / days' sales uncollected. Note: Do not round intermediate calculations. 16. Identify the company you consider to be the better short-term credit risk. Complete this question by entering your answers in the tabs below. For both companies compute the current ratio

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