Exercise 9-14A (Algo) Preparing a classifled balance sheet LO 9-6 Required Use the following information to prepare a classified balance sheet for Alpha Company at the end of Year Exerclse 9-15A (Static) Using the current ratlo to make comparisons LO 9-7 The following information was drawn from the balance sheets of the Kansas and Montana companies: Reculred o. Compute the current ratio for each company. b. Which company has the greater likelihood of being able to pay its bilis? 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. Note: Round your answers to 1 decimal place. Exerclse 9-15A (Statlc) Using the current ratlo to make comparisons LO 9-7 The following information was drawn from the balance sheets of the Kansas and Montana companies: Required 0. 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 oroduce the highe 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 bills? Exerclse 9-15A (Statlc) Using the current ratlo to make comparisons LO 9-7 The following information was drawn from the balance sheets of the Kansas and Montana companies: Reculred e. 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 oroduce 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