[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 years income statement

Assets

Sales

$

770,000

$

902,200

Cash

$

18,000

$

34,000

Cost of goods sold

591,100

648,500

Accounts receivable, net

36,400

51,400

Interest expense

8,800

13,000

Current notes receivable (trade)

9,100

7,600

Income tax expense

14,800

24,907

Merchandise inventory

85,040

138,500

Net income

155,300

215,793

Prepaid expenses

5,700

6,950

Basic earnings per share

4.57

4.57

Plant assets, net

350,000

303,400

Total assets

$

504,240

$

541,850

Beginning-of-year balance sheet data

Liabilities and Equity

Accounts receivable, net

$

26,800

$

54,200

Current liabilities

$

60,340

$

92,300

Current notes receivable (trade)

0

0

Long-term notes payable

81,800

111,000

Merchandise inventory

57,600

113,400

Common stock, $5 par value

170,000

236,000

Total assets

448,000

402,500

Retained earnings

192,100

102,550

Common stock, $5 par value

170,000

236,000

Total liabilities and equity

$

504,240

$

541,850

Retained earnings

139,300

101,600

1.

Required:

1.1

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.(Use 365 days a year. Do not round intermediate calculations.)

2.1

For both companies compute the (a) profit margin ratio, (b) total asset turnover, (c) return on total assets, and (d) return on common stockholders equity. Assuming that each company paid cash dividends of $3.60 per share and each companys stock can be purchased at $95 per share, compute their (e) price-earnings ratios and (f) dividend yields. (Do not round intermediate calculations. Round your answers to 2 decimal places.) Please show all of your work, I can not figure out how some of this values are calculated. Thank you.