[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	$	800,000		$	914,200
Cash	$	18,500		$	35,000			Cost of goods sold		585,100			646,500
Accounts receivable, net		38,400			56,400			Interest expense		8,300			18,000
Merchandise inventory		84,940			128,500			Income tax expense		15,377			25,238
Prepaid expenses		5,800			7,750			Net income		191,223			224,462
Plant assets, net		350,000			310,400			Basic earnings per share		4.35			4.76
Total assets	$	497,640		$	538,050			Cash dividends per share		3.79			3.92
Liabilities and Equity								Beginning-of-year balance sheet data
Current liabilities	$	69,340		$	96,300			Accounts receivable, net	$	31,800		$	53,200
Long-term notes payable		85,800			109,000			Merchandise inventory		53,600			115,400
Common stock, $5 par value		220,000			236,000			Total assets		408,000			372,500
Retained earnings		122,500			96,750			Common stock, $5 par value		220,000			236,000
Total liabilities and equity	$	497,640		$	538,050			Retained earnings		98,037			57,312

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.