The ratios I have may be wrong..

Question P1 (7 Points) Hero and Zero are both in the management policy than Zero Zero are both in the ice cream business Her uses a more conservative ps product upon recintom ent expect for its best customers than Zero Zero ships product to distributors upon receiving the order. Hero Show all work on separate paper and hand in with your exam. Balance Sheet Assets Liabilities and Owners' Equity Hero Zero Current Assets Cash Accounts receivable Inventory Current liabilities Accounts payable Notes payable Total Total Long-term debt Long-term Assets Equipement Investments Total Liabilites Total Owners' equity Common stock and paid in Surplus Accumulated retained earnings Total 100 Total Assets 135 Total Liabilities and Owners Equity Shares outstanding Income Statement Hero Zero Revenue Cost of Goods Sold Operating Expenses EBIT Interest Paid Taxable income Taxes Earnings Available to Common Stockholders a. Fill out the Grid below, show all work Hero zce Zero Industry Hero S (40-00) - Current Ratio Quick Ratio Debt Ratio 2 25% Tea - 59 0.6 22.0593 Earnings per Share ROA 3526 ROE 35 6% Based on the information above, answer the following questions: b. Do the current and quick ratio make sense given each companies' strategy? Why? which company has the higher ROA and which one has the higher ROE? Explain why d. Do any of the ratios suggest there may be an issue (red or yellow flag)? Why