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Exercise 9-15A (Algo) Using the current ratio to make comparisons LO 9-7 The following information was drawn from the balance sheets of the Kansas and

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Exercise 9-15A (Algo) Using the current ratio to make comparisons LO 9-7 The following information was drawn from the balance sheets of the Kansas and Montana compantes. Required e. Compute the current ratio for each company. b. Which company has the greater likelihood of beling 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 curcent ratio for each company. (Round youransuers to 2 decipal placeni)

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