Required information Problem 13-5A (Algo) Comparative ratio analysis LO P3 [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 Kyan Company Data from the current year-end Data from the current year's balance sheets income statement Assets Sales $760,000 $ 886, 200 Cash $ 10,000 $ 36,000 Cost of goods sold 591,100 638, 500 34,400 Accounts receivable, net Merchandise inventory Prepaid expenses Plant assets, net Total assets Liabilities and Equity Current liabilities Long-term notes payable Common stock, $5 par value Retained earnings Total liabilities and equity 84,640 5,600 290,000 312, 400 $ 433,640 $ 552, 450 $ 71,340 $ 95,300 83,800 220,000 58,500 99,000 226,000 132,150 $ 433,640 $ 552,450 Cash dividends per share, Beginning-of-year balance sheet data Accounts receivable, net Merchandise inventory Total assets. Common stock, $5 par value Retained earnings 58,400 Interest expense 7,500 17,000 138,500 Income tax expense 14,608 24,465 7,150 Net income. 146,792 206,235 Basic earnings per share, 3.34 4.56 3.77 3.99 $ 29,800 $ 53,200 63,600 109, 400 448,000 362,500 220,000 226,000 77,588 106,263