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		$	928,200
Cash	$	22,500		$	31,000			Cost of goods sold		586,100			634,500
Accounts receivable, net		34,400			58,400			Interest expense		8,600			15,000
Merchandise inventory		84,840			138,500			Income tax expense		15,185			25,625
Prepaid expenses		5,200			7,800			Net income		180,115			253,075
Plant assets, net		330,000			306,400			Basic earnings per share		4.50			5.36
Total assets	$	476,940		$	542,100			Cash dividends per share		3.82			3.98
Liabilities and Equity								Beginning-of-year balance sheet data
Current liabilities	$	70,340		$	100,300			Accounts receivable, net	$	29,800		$	56,200
Long-term notes payable		80,800			113,000			Merchandise inventory		55,600			107,400
Common stock, $5 par value		200,000			236,000			Total assets		458,000			382,500
Retained earnings		125,800			92,800			Common stock, $5 par value		200,000			236,000
Total liabilities and equity	$	476,940		$	542,100			Retained earnings		98,485			27,581

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.