6 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 $550,000. 3 10 HAMTS INC. Balance Sheets December 31, 2020 and 2029 2020 2031 Book Print 5 20,000 70,000 103,000 5202,000 59.000 125,000 (65.000) 11. $20,000 72,000 99,000 $191,000 40,000 110.000 160.000) $281.000 Reference Assets Canh Accounts receivable Merchandise inventory Total current Assets Land plant and equipment Lot Accumulated depreciation Total asseto Liabilities Short-term debt Accounts payable Other accrued liabilities Total current liabilities Long-term debt Total Tibilities Stockholders' quity Common stock. no pr. 100,000 shares authorized 40,000 and 25,000 shares issued, respectively Katained earnings Beginning balance Not income for the year Dividends for the year Ending balance Total stockholders' equity Total llities and stockholders' equity 5 18,000 64,400 20,000 $102,400 22.000 9126,400 5 17.000 75,500 10,000 S110,500 30.000 $140.500 574.000 559.000 0,500 51, 100 20,000) $112.600 5.05,000 1.500 (3.000) S01,500 $140.00 $20,000 5311.000 cBook Print 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.) 1. Assume thot on December 31, 2020, the treasurer of Homes decided to pay $15.000 of accounts payable. What impact, if any, this payment will have on the answers you calculated for parts ad increase, decreabe, 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 and increase, decrease, or no effect). References