The following information was drawn from the balance sheets of the Kansas and Montana companies: Current assets Current liabilities Kansas $61,000 30,500 Montana $44,000 8,800 Required a. 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. Required A Required B Required Compute the current ratio for each company. (Round your answers to 2 decimal places.) Kansas Montana Current Ratio to 1 to 1 RUA Required B The following information was drawn from the balance sheets of the Kansas and Montana companies Current assets Current liabilities Kansas $61,000 30,500 Montana $44,000 3,800 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 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? Required A Required C > The following information was drawn from the balance sheets of the Kansas and Montana companies: Current assets Current liabilities Kansas $61,000 30,500 Montana $44,000 8,800 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 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 retum-on-assets ratio?