Question
A company failed to record accrue $9 millions of cost related to vendor invoices and warranty liability at the end of the year sales $97
A company failed to record accrue $9 millions of cost related to vendor invoices and warranty liability at the end of the year sales $97 million all cost including interest expense taxes $83 million net income $14 million this year assets all current assets combined $74 million all long term assets combined $61 million Toal assets this year $135 million last year all current assets combined $68 million all long term assets combined $59 million total assets $127 million liabilities stockholder equity this year $61 million all current liabilities combined $35 million stockholder equity $39 million Toal liabilities and equity $135 million last year all current liabilities combined $57 million all long term liabilities combined $45 million stockholders equity $25 million and total liabilities and equity $127 million
calculate the current ratio per company statement
calculate current ratio if fixed this error
calculate the ROI per company statement
calculate ROI if error is fixed
calculate ROE per company statement
calculate ROE if error is fixed
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