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Required information 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 Ryan Company Data from the current year-end balance sheets Asset Cash Accounts receivable, net Merchandise inventory Prepaid expenses Plantats, not Total anota Liabilities and Equity Current liabilities Long-term potes payable common stock, 55 par value Retained earnings Total liabilities and equity $ 19,500 $ 34,000 46.500 64,600 4,440 132,500 5,000 6,950 290.000 304400 545,440 542,450 Data from the current year's income statement Sales Coat of goods sold Interest expense Tocome tax expenen Net income Basle earning per where cash dividendo per share Beginning of your balance sheet data Accounts receivabla, nec Merchandise inventory Total assets Common stock, $5 par value Retained earning 3.770,000 $ 800,200 585.100 632,500 7.900 13,000 14,800 24,300 162,200 210,400 4.51 3.01 3. 5 61,340 93,100 80,000 103,000 100,000 206,000 123,300 142.150 $445,440 $ 542, 450 $ 29,800 55,690 398)00 100,000 98,300 $ 54,200 107,400 382,500 206,000 93,600 Required: 10. For both companies compute the (a) current ratio, (b) acid-test ratio, (c) accounts receivable turnover, inventory tumover (e) days! sales in inventory, and (days' sales uncollected. (Do not round intermediate calculations.) 16. Identify the company you consider to be the better short-term credit risk Required: 1a. For both companies compute the (a) current ratio, (b) acid-test ratio, ( accounts receivable turnover. () inventory tumover, (e) days sales in Inventory, and (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 1A Acid Test 1A Acct Rec 1A Invent 1A Days Salin 1A Days Sal 18 short term Ratio Ratio Tum Turnover Inv Uncol For both companies compute the current ratio (a) Current Ratio Company Numerator: Denominator: Current Ratio 7 Current ratio Barco 1 to 1 Kyan 1 to 1 A Current Ratio 1A Acid Test Ratio > Required: 1a. For both companies compute the current ratio, (o) acid-test ratio, ( accounts receivable turnover. (cinventory turnover, ( days sales in inventory, and (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. IA Current 1A Add Test 1A Acct Rec 1A tnvent A Days Salin A Days Sal 18 short term Ratio Ratio Tum Turnover Inv Uncol For both companies compute the acid-test ratio. Acid Test Ratio Denominator Numerator Company - Acid-Test Ratio - Acid.centratio 101 101 1 Barco . Kyan Complete this question by entering your answers in the tabs below. 1A Current 1A Acid Test 1A Ace Rec 1A Invent 1A Days Sal in 1A Days Sal Ratio Ratio Tuin Turnover Inv Uncol 1B short term For both companies compute the accounts (including notes) receivable turnover. (c) Accounts Receivable Turnover Company Numerator: Denominator: Accounts Receivable Turnover 1 Accounts receivable tumover Barco 1 times Kyan 4 times Complete this question by entering your answers in the tabs below. 1A Current 1A Acid Test 1A Acct Rec 1. Invent 1A Days Sal in 1A Days Sal 1B short term Ratio Ratio Turn Turnover Iny Uncol For both companies compute the inventory turnover. (d) Inventory. Turnover Company Numerator: Denominator: Inventory Turnover Inventory turnover Barco 1 times Kyan 1 times Complete this question by entering your answers in the tabs below. Ratio 1A Current 1A Acid Test 1A Acct Rec 1A Invent 1A Days Salin 1A Days Sal Ratio Turn Turnover Iny 13 short term Uncol For both companies compute the days' sates in Inventory. (0) Days Sales In Inventory Company Numerator: Denominator: Days Days' Sales In Inventory Days' sales in Inventory Barco days Kyan days Complete this question by entering your answers in the tabs below. 18 short term 1A Current 1A Acid Test 1A Acct Rec 1A Invent 1A Days Sal in 1A Days Sal Ratio Ratio Tum Turnover Inv Uncol For both companies compute the days' sales uncollected. (7) Days Sales Uncollected Company Numerator: 1 Denominator: Days 1 Days' Sales Uncollected Days' sales uncollected days days Barco 1 1 Kyan 7 > F: 23 * NO S 4 5 a> 7 8 19 2 P E R w T Y 0 C Q Pab S G D H aps lock M C

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