Company X failed to record (accrue) $5,000,000 of vendor invoices and warranty liability at year-end. With 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

This Year Last Year

Liablities & Stoickholders Equity

All Current Liabilties 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 Liabilties & Equity $100,000,000 $80,000,000

1) What is the impact of this omission on the company's current ratio?

2) What is the impact of this omission on the company's ROI?

3) What is the impact of this omission on the company's ROE?