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Summary information from the financial statements of two companies competing in the same industry follows. Problem 17-5A (Algo) Part 1 Required: ta. For both companies compute the (a) current ratio, (b) acid-test ratio, ( (d) accounts receivable turnover, ( d ) inventory turnover, (e) days' sales in inventory, and (f) days' sales uncollected. Note: 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. For both companies compute the days' sales uncollected. lb. Identify the company you consider to be the better short-term credit risk. Complete this question by entering your answers in the tabs below. For both companies compute the current ratio. Required: 1a. For both companies compute the (a) current ratio, (b) acid-test ratio, (c) accounts receivable turnover, (d) inventory turnover, (e) sales in inventory, and (i) days' sales uncollected. Note: 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. For both companies compute the acid-test ratio. sa. sales in inventory, and (f) days' sales uncollected. Note: 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. For both companies compute the accounts (including notes) receivable turnover. Note: 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. For both companies compute the inventory turnover. 1a. For both companies compute the (a) current ratio, (b) acid-test ratio, ( d ) accounts recelvable turnover, (o) inven sales in inventory, and (h days' sales uncollected. Note: 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. For both companies compute the days' sales in inventory. 1a. For both companies compute the (a) current ratio, (b) acid-test ratio, (c) accounts receivable turnover, ( d) invent sales in inventory, and ( 1 ) days' sales uncollected. Note: 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. For both companies compute the days' sales uncollected. Required: 1a. For both companies compute the (a) current ratio, (b) acid-test ratio, (c) accounts receivable turnover, ( d ) inver sales in inventory, and (f) days' sales uncollected. Note: 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. Identify the company you consider to be the better short-term credit risk. Your question needs more information From our expert: lu0001Connect with me at helperhomework 28 on g mail for all your questions. I charge \$3 per question and will provide excel sheet with full workings.|n Edit your question >