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Could someone fix my mistakes for 1a,1b, and 1c, and explain, thank you! The following information was drawn from the balance sheets of the Kansas

Could someone fix my mistakes for 1a,1b, and 1c, and explain, thank you! image text in transcribed
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The following information was drawn from the balance sheets of the Kansas and Montana companies. Required 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. Complete this question by entering your answers in the tabs below. Compute the current ratio for each company. (Round your answers to 2 decimal places.) The following information was drawn from the balance sheets of the Kansas and Montana companies. Required 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. Complete this question by entering your answers in the tabs below. Which company has the greater likelihood of being able to pay its bilis? Which company has the greater likelihood of being able to pay its bills? Montana The following information was drawn from the balance sheets of the Kansas and Montana companies: Required 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. Complete this question by entering your answers in the tabs below. 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 ratio. Montana

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