Company X failed to record $($accrue$)$ $$5,000,000$ of vendor invoices and warranty liability at year$-$end. As a result of this omission, the company's summary financial statements were stated as follows:

Summarized Income Statement

Sales $$50,000,000$

All Cost $($incl$.$ Interest & Taxes$)$ $$40,000,000$

Net Income $$10,000,000$

Summarized Balance Sheet

This Year Last Year

Assets:

All Current Assets combined $$50,000,000$ $$40,000,000$

All Long$-$Term Assets combined $$50,000,000$ $$40,000,000$

Total Assets: $$100,000,000$ $$80,000,000$

Liabilities & Stockholders Equity

All Current Liabilities combined $$30,000,000$ $$25,000,000$

All Long$-$Term Liabilities combined $$25,000,000$ $$20,000,000$

Stockholders Equity $$45,000,000$ $$35,000,000$

Total Liabilities & Equity $$100,000,000$ $$80,000,000$

Answer the following questions:

Current Ratio per Company Statements?

Blank $1$

Current Ratio if Statements Fixed This Error?

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Would the Current Ratio Be Better or Worse once this error is corrected?

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ROI per Company Statements?

Blank $4$

ROI if Statements Fixed This Error?

Blank $5$

Would the ROI be Better or Worse once this error is corrected?

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ROE per Company Statements?

Blank $7$

ROE if Statements Fixed This Error?

Blank $8$

Would the ROE be Better or Worse once this error is corrected?