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 companies Kansas Current assets current liabilities Required $ 62,000 39,600 Montana $ 84,000 42,000 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. Note: Round your answers to 2 decimal places. Kansas Montana Current Ratio to 1 to 1 RegistA Required B >