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.

Barco Kyan Company Company Data from the current yea r-end statements of nancial position Assets Cash Accounts receivable, net Current notes receivable (trade) Merchandise inventory Prepaid expenses Property, plant and equipment, net Total assets Liabilities and Equity Current liabilities Long-term notes payable Share capital Retained earnings Total liabilities and equity $ 13,500 $ 37.000 40,400 57.400 9.000 7.000 34.540 123,500 5,300 6,900 310,000 308'400 $463,240 $ 545200 $ 65,340 $ 93,300 79,300 115,000 210,000 196,000 113,100 135,900 $463,240 $ 545200 Barco Kya n Company Company Data from the current year's income statement Sales $ 780,000 Cost of goods sold 586,100 Interest expense 8,100 Income tax expense 14,992 Net prot 170,808 Basic earnings per share 4.07 24,200 $ 9 638,500 12,000 25,514 248,186 6.33 Begin ning-of-year statements of nancial position data Accounts receivable, net $ 32,800 Current notes receivable (trade) 0 Merchandise inventory 53,600 Total assets 438,000 Share capital 210,000 Retained earnings 146,300 $ 55,200 0 115,400 392,500 196,000 100,600 Barco Company Kyan Company (a) Current ratio 2.4 to 2.4 to (b) Acid-test ratio 1.0 to 1.0 to (c) Accounts receivable turnover times times (d) Inventory turnover times times (e) Days' sales in inventory days days (f) Days' sales uncollected days days Identify the company you consider to be better in managing short-term credit risk. Barco company OKyan company