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 Data from the current year-end balance sheets Assets Cash Accounts receivable, net Merchandise inventory Prepaid expenses Plant assets, bet Total assets Barco Kyan Company Company Data from the current year's income statement Sales $ 21,500 $ 36,000 Cost of goods sold 40,400 50,400 Interest expense 84,940 134,500 Income tax expense 5.900 7,500 Net income 290,000 304,400 Basie earnings per share 5442,740 $ 532,800 Cash dividends per share Beginning-of-year balance sheet data $ 67,340 $ 103,300 Accounts receivable, net 83,800 105,000 Merchandise inventory 200,000 236,000 Total assets 91,600 88.500 common stock, $5 par value $ 442,740 5 532,800 Retained earnings $ 800,000 $ 898, 200 592,100 650,500 7,700 13,000 15,377 24,797 184,823 209,903 4.62 4.45 3.73 4.00 Liabilities and Equity Current liabilities Long-term notet payable Common stock, $5 par value Retained carnings Total liabilities and equity $ 31,800 65,600 398,000 200,000 55,977 $ 52,200 115,400 422,500 236.000 67,397 Required: 1a. For both companies compute the (o) current ratio. (b) acid-test ratio. ( accounts receivable turnover (inventory turnover, (e) days' sales in inventory, and (6 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. 1A Current Ratio 1A Acid Test Ratio 1A Acct Rec Turn 1A Invent Turnover 1A Days Salin 1A Days Sal Inv Uncol 1 short term