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help please The following information was drawn from the balance sheets of the Kansas and Montana companies. Current assets Current liabilities Kansas Montana $73,000 $90,000
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The following information was drawn from the balance sheets of the Kansas and Montana companies. Current assets Current liabilities Kansas Montana $73,000 $90,000 42,400 45,000 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: Required a Required B Required C Compute the current ratio for each company. (Round your answers to 2 decimal places) Current Ratio to 1 Kansas Montana to 1 Required A Required B > The following information was drawn from the balance sheets of the Kansas and Montana companies: Current assets Current liabilities Kansas $73,000 42,400 Montana $90,000 45,000 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 h return-on-assets ratio. Complete this question by entering your answers in the tabs below. Required A Required B Required Which company has the greater likelihood of being able to pay its bills? Which company has the greater likelihood of being able to pay its bills? The following information was drawn from the balance sheets of the Kansas and Montana companies Current assets Current liabilities Kansas $73,000 42,400 Montana $90,000 45,000 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. Required A Required B Require 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? Step by Step Solution
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