[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 Data from the current year's income statement Assets Sales $ 790,000 $ 928,200 Prepaid expenses Current liabilities Liabilities and Equity Long-term notes payable Common stock, $5 par value Retained earnings Cash $ 21,500 $ 32,000 Accounts receivable, net 38,400 Merchandise inventory 84,240 Plant assets, net 5,600 280,000 7,500 312,400 Total assets $ 429,740 $ 539,800 $ 64,340 $ 101,300 86,800 200,000 78,600 113,000 206,000 119,500 Total liabilities and equity $ 429,740 $ 539,800 51,400 136,500 Cost of goods sold Interest expense Income tax expense Net income Basic earnings per share Cash dividends per share Beginning-of-year balance sheet data Accounts receivable, net Merchandise inventory Total assets Common stock, $5 par value Retained earnings 587,100 8,400 642,500 17,000 15,185 25,625 179,315 243,075 4.48 3.79 5.90 3.93 $ 28,800 $ 51,200 59,600 111,400 438,000 392,500 200,000 206,000 50,885 38,341