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		$	900,200
Cash	$	19,500		$	36,000			Cost of goods sold		587,100			640,500
Accounts receivable, net		33,400			50,400			Interest expense		8,200			16,000
Current notes receivable (trade)		9,800			8,000			Income tax expense		15,185			24,852
Merchandise inventory		84,540			128,500			Net income		179,515			218,848
Prepaid expenses		5,700			7,650			Basic earnings per share		5.28			4.45
Plant assets, net		300,000			305,400			Cash dividends per share		3.81			3.99
Total assets	$	452,940		$	535,950
								Beginning-of-year balance sheet data
Liabilities and Equity								Accounts receivable, net	$	26,800		$	53,200
Current liabilities	$	62,340		$	101,300			Current notes receivable (trade)		0			0
Long-term notes payable		85,800			117,000			Merchandise inventory		57,600			113,400
Common stock, $5 par value		170,000			246,000			Total assets		428,000			372,500
Retained earnings		134,800			71,650			Common stock, $5 par value		170,000			246,000
Total liabilities and equity	$	452,940		$	535,950			Retained earnings		84,825			49,110

Required: 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.