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/The following information applies to the questions displayed belowl Summary information from the financial statements of two companies competing in the same Industry Barco Company

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/The following information applies to the questions displayed belowl Summary information from the financial statements of two companies competing in the same Industry Barco Company Company Company Company Data from the current year's income statement Data from the current year-end balance sheets 880,200 s 770,000 Sales Assets 632.500 585.100 19,500 34,000 Cost of goods sold Cash 7900 13.000 37,400 57400 Interest expense Accounts recelvable. net 14.800 24,300 7200 Income tax expense Current notes receivable (trade) 9.100 162.200 210.400 84.440 132.500 Net Income Merchandise inventory 511 4.51 6,950 Basic earnings per share 5.000 Prepaid expenses 304,400 290.000 Plant assets, net 542,450 445,440 Total assets Beginning of year balance sheet data s 61.340 93.300 Accounts receivable. net (trade) s 29,800 54,200 Current notes receivable 80,800 101,000 Merchandise Inventory 55,600 107.400 382.500 206,000 398.000 180.000 Total assets 206.000 Liabilities and Equity Current liabilities Long-term notes payable Common stock. $5 par value 180,000 123,300 142150 Common stock. $5 par value Retained earnings 98.300 93,600 542,450 Retained earnings 445,440 s Total llabllltles and equity

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