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8 The following information was drawn from the balance sheets of the Kansas and Montana companies: Kansas Current assets Current liabilities $48,000 $72,600 points 43,200

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8 The following information was drawn from the balance sheets of the Kansas and Montana companies: Kansas Current assets Current liabilities $48,000 $72,600 points 43,200 43,200 Required a. Compute the current ratio for each company b. Which company has the greater likelihood of being able to pay its bills? e. Assume that both companies have the same amount of total assets. Speculate as to which company would produce the higher return-on-assets ratio. ebook Print Reterences Complete this question by entering your answers in the tabs below Required A Required B Required C Compute the current ratio for each company. (Round your answers to 2 decimal places.) Kansas Montanas to 1 Required B> The following information was drawn from the balance sheets of the Kansas and Montana companies: Montana $48,000 $72,000 43,20043,200 Kansa Current assets Current liabilities points elookRequired Hint Print a. Compute the current ratio for each company. b. Which company has the greater likelihood of being able to pay its bills? c. Assume that both companies have the same amount of total assets. Speculate as to which company would produce the higher return-on-assets ratio. Reterences Complete this question by entering your answers in the tabs below Required A Required B Required C Which company has the greater likellhood of being able to pay its bills? Which company has the greater likelihood of being able to pay its bills? Required A Required C> The following information was drawn from the balance sheets of the Kansas and Montana companies: Current assets Current liabilities $48,60072,00e 43,200 43,200 efookRequired a. Compute the current ratio for each company b. Which company has the greater likelihood of being able to pay its bills? c. Assume that both companies have the same amount of total assets. Speculate as to which company would produce the higher Hint return-on-assets ratio. Complete this question by entering your answers in the tabs below Required A Required 8 Required C Assume that both companies have the same amount of total assets. Speculate as to which company would produce the higher return-on-assets ratio. Which company would produce the higher return-on-assets rato Required B Required C

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