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Problem 17-5A Comparative ratio analysis LO A1, P3 The following information applies to the questions displayed below) Summary information from the financial statements of two companies competing in the same industry Barco Company Company Company Data from the current year-end balance sheets Data from the current year's income statement 770,000 s 892,200 650,500 588.100 20,500 s 31,000 Cost of goods sold Cash 36,400 58,400 Interest expense Accounts receivable, net 14,000 9.100 Current notes receivable (trade) 10100 8,600 Income tax expense 14,800 24,631 203,069 158,000 Merchandise inventory 84,940 138,500 Net Income 5700 7000 Basic earnings per share Prepaid expenses 4.30 3.76 290,000 313,400 Plant assets, net 447640 s 556,900 Total assets Beginning-of-year balance sheet data Liabilities and Equity Accounts receivable, net 29,800 51,200 Current liabilities 66340 $102.300 Current notes receivable (trade) Long-term notes payable 80,800 109,000 Merchandise inventory 55,600 113,400 236,000 Total assets 402,500 Common stock, $5 par value 210,000 458,000 90,500 109,600 Common stock, $5 par value 236,000 210,000 s 447,640 s 556,900 Retained earnings Total liabilities and equity 139,300 93,600

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