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: Current assets Current liabilities Kansas $49,000 24,500 Montana $47,000 18, 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. return-on-assets ratio. Chec 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.) Current Ratio Kansas to 1 Montana to 1 Required B > 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? npus al Russia: Revolution -- JNT Journal Viewe mapter 9 Homework a (1) Saved Help Sau 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 return-on-assets ratio?