[The following information applies to the questions displayed below.] 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 Assets Data from the current year's income statement Sales $770,000 $880,200 Cash $ 19,500 $ 34,000 Accounts receivable, net 46,500 64,600 Cost of goods sold Interest expense 585,100 632,500 7,900 13,000 Merchandise inventory Prepaid expenses Plant assets, net Total assets Liabilities and Equity Current liabilities Long-term notes payable Common stock, $5 par value Retained earnings Total liabilities and equity $ 61,340 $ 93,300 80,800 180,000 101,000 Accounts receivable, net Merchandise inventory Total assets 84,440 5,000 132,500 Income tax expense 14,800 24,300 6,950 Net income 162,200 210,400 290,000 304,400 Basic earnings per share 4.51 5.11 $445,440 $542,450 Cash dividends per share 3.81 3.93 | Beginning-of-year balance sheet data $ 29,800 $ 54,200 55,600 107,400 206,000 123,300 142,150 $445,440 $542,450 Common stock, $5 par value Retained earnings 398,000 382,500 180,000 206,000 98,300 93,600 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. Complete this question by entering your answers in the tabs below