Question: please do each box!! Required information [The following information applies to the questions displayed below.) Summary information from the financial statements of two companies competing







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 Kyan Barco kyan Company Company Company Company Data from the current year-end balance sheets Data from the current year's income statement Assets Sales $780,000 5926,200 Canh $ 19,000 $ 37,000 Coat of goods sold 588,100 638,500 Accounts receivable, net 36,400 59,400 Interest expense 8,200 11,000 Merchandise inventory 84,840 142,500 Income tax expense 14,992 25,570 Prepaid expenses 5,300 7,150 Net Income 168, 708 251,130 plant assets, net 360.000 306,400 Basie earnings per share 4.22 6.10 Total assets 5505.540 $352,450 Cash dividenda per share 3.70 Liabilities and Equity Current liabilities Long-term notes payable Common stock, 55 par value Retained earnings Total liabilities and equity Beginning-of-year balance sheet data $ 68,340 $104,300 Accounts receivable, net 79.800 111,000 Merchandise inventory 200.000 206,000 Total assets 157,400 131,150 Common stock, 55 par value $505,540 $552,450 Retained earnings $ 26,800 $ 53,200 59,600 109,400 400.000 392,500 200,000 206,000 136,692 43,996 Required: 1a. For both companies compute the () current ratio, (b) acid-test ratio, ( accounts receivable turnover, (c) inventory turnover. (c) days' sales in inventory, and (days' sales uncollected. (Do not round intermediate calculations.) 15. Identify the company you consider to be the better short-term credit risk Complete this question by entering your answers in the tabs below. Required: 1a. For both companies compute the (a) current ratio. (b) acid-test ratio. (accounts receivable tumover (inventory turnover, ( days sales in inventory, and (1 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 Currint Ratid IA Acid Test Ratio LA Acct Rec Tum 1A Invent Turnover 1A Days Salin 1A Days Sal Iny Uncol 15 short term For both companies compute the current ratio a) Company Choose Numerator Current Ratio Choose Denominator - Current Ratio - Current ratio 0 to 1 oto 1 Barco Kyan COM 1A Acid Test Ratio > intermediate calculations.) 1b. Identify the company you consider to be the better short-term credit risk bed Complete this question by entering your answers in the tabs below. 1A Current Ratio 1A Acid Test Ratlo IA Acct Rec Turn 1A Invent Turnover 1A Days Sal in 1A Days Sal Inv Uncol 18 short term . For both companies compute the acid-test ratio. b) Company Acid-Test Ratio Choose Numerator Choose Denominator: Barco Kyan Acid-Test Ratio Acid-test ratio O 01 O to 1 1A Current Ratio 1A Acct Rec Turn > Complete this question by entering your answers in the tabs below. 1A Current Ratio 1A Acid Test Ratio OK 1A Acct Rec Turn 1A Invent Turnover 1A Days Sal in 1A Days Sal Inv Uncol 18 short term For both companies compute the accounts (including notes) receivable turnover. el Company Choose Numerator no Accounts Receivable Turnover Choose Denominator Accounts Receivable Turnover Accounts receivable tumover O times Osmes Barco Kyan Complete this question by entering your answers in the tabs below. 1A Current Ratio 1A Acid Test Ratio 1A Acct Rec Turn 1A Invent Tur over 1A Days Salin 1A Days Sal Thy Uncol 18 short term For both companies compute the inventory turnover. (d) Company Choose Numerator: Inventory Turnover Choose Denominator: Inventory Turnover Inventory tumover O times o times Barco Kyan SHAN Complete this question by entering your answers in the tabs below. 1A Current Ratio IA Acid Test Ratio 1A Acct Rec Turn 1A Invent Turnover 1A Days, Sal in 1A Days Sal Inl Uncol 1B short term For both companies compute the days' sales in inventory. Yo) Company Choose Numerator: Dayal Sales In Inventory Choose Denominator: Days - Days' Sales In Inventory - Days' sales in inventory o days o days Barco Kyan X CD Complete this question by entering your answers in the tabs below. 1A Acid Test 1A Current Ratio 1A Acct Rec Turn Ratio 1A Invert Turnover 1A Days Salin 1 Days Sal 18 short term Inv Uncol For both companies compute the days' sales uncollected 10 Days Sales Uncollected Choose Denominator: * Days Company Choose Numerator: Days' Sales Uncollected Days sales uncollected Barco o days o days Kyan Complete this question by entering your answers in the tabs below. 1A Current 1A Acid Test 1A Acct Rec 1A Invent 1 Days Salin 1A Days Sal 18 short term Ratio Ratio Turn Turnover Inv Uncol Identify the company you consider to be the better short-term credit risk. Better short-term credit risk 1A Days Sal Uncol
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