Question: Presented here are the comparative balance sheets of Hames Inc. at December 31,2020 and 2019 . Sales for the year ended December 31,2020 , totaled

Presented here are the comparative balance sheets of Hames Inc. at December 31,2020 and 2019 . Sales for the year ended December 31,2020 , totaled $620,000 Required: a. Calculate ROI for 2020 (Do not round intermediate calculations. Round your final answer to 2 decimal places.) b. Calculate ROE for 2020 (Round your answer to 1 decimal place.) c. Calculate working capital at December 31,2020 . d. Calculate the current ratio at December 31, 2020. (Round your answer to 2 decimal places.) e. Calculate the acid-test ratio at December 31, 2020. (Round your answer to 2 decimal places.) f. Assume that on December 31,2020 , the treasurer of Hames decided to pay $15,000 of accounts payable. What impoct, if any, payment will have on the answers you calculated for parts a.d (increase, decrease, or no effect) g. Assume that instead of paying $15,000 of accounts payable on December 31,2020 . Hames collected $15,000 of accounts receivable. What impact, if any, this receipt will have on the answers you calculated for parts a-d (increase, decrease, or no effe Presented here are the comparative balance sheets of Hames Inc. at December 31,2020 and 2019 . Sales for the year ended December 31,2020 , totaled $620,000 Required: a. Calculate ROI for 2020 (Do not round intermediate calculations. Round your final answer to 2 decimal places.) b. Calculate ROE for 2020 (Round your answer to 1 decimal place.) c. Calculate working capital at December 31,2020 . d. Calculate the current ratio at December 31, 2020. (Round your answer to 2 decimal places.) e. Calculate the acid-test ratio at December 31, 2020. (Round your answer to 2 decimal places.) f. Assume that on December 31,2020 , the treasurer of Hames decided to pay $15,000 of accounts payable. What impoct, if any, payment will have on the answers you calculated for parts a.d (increase, decrease, or no effect) g. Assume that instead of paying $15,000 of accounts payable on December 31,2020 . Hames collected $15,000 of accounts receivable. What impact, if any, this receipt will have on the answers you calculated for parts a-d (increase, decrease, or no effe

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