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Summary information from the financlal statements of two companies competing in the same industry follows. Problem 17-5A (Algo) Part 1 Required: 10. For both companies

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Summary information from the financlal statements of two companies competing in the same industry follows. Problem 17-5A (Algo) Part 1 Required: 10. For both companies compute the (a) current ratio, (b) acid-test ratio, (c) accounts recelvable turnover, ( ( ) inventory turnover, (e) days: sales in inventory, and (i) days' sales uncollected. Note: Do not round intermediate calculations. 1b. Identify the company you consider to be the better short-term credit risk. For both companies compute the current ratio. Complete this question by entering your answers in the tabs below. For both companies compute the add-test ratio. For both companies compute the accounts (including notes) receivable turnover. For both companles compute the inventory turnover. Complete this question by entering your answers in the tabs below. For both companies compute the days' sales in inventory. Complete this question by entering your answers in the tabs below. For both companles compute the days' sales uncollected. Complete this question by entering your answers in the tabs below. Identify the company you consider to be the better short-term credit risk

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