Required information Problem 17-5A Comparative ratio analysis LO A1, 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. Kyan Barco Kyan Company Company Company Company Data from the current year-end balance sheets Asscts Cash Accounts receivable, net Current notes receivable (trade) Merchandise inventory Prepaid expenses Plant assets, net Total assets Data from the current year's income statement Sales $780,000 $899,200 589,100 650J508 8,900 16,0e0 14,992 24,824 167,808 207,876 5.22 4.60 3.99 $ 19,500 34,00 Cost of goods sold 36,400 59,400 Interest expense 9,70e 8,400 Income tax expense 84,640 138,500 Net income 5,800 7,680 Basic earnings per share 350,900311,409 Cash dividends per share $506,040 $559,300 3.71 Beginning Accounts receivable, net -of-year balance sheet data $ 32,800 $53, 200 Liabilities and Equity Current liabilities Long-term notes payable Common stock, $5 par value Retained earnings Total liabilities and equity $ 70,340 93,300 Current notes receivable (trade) 85,800 111,000 Merchandise inventory 160,900 226,000 Total assets 189,990 129,000 Common stock, $5 par value 61,600 111, 40 448,000 412,5e0 160,000 226,eee 141,612 101,472 $506,040 $559,300 Retained earnings