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only need (F) and (G) Presented here are the comparative balance sheets of Hames Inc. at December 31, 2020 and 2019. Sales for the year

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only need (F) and (G)
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 $630,000 2019 $ 19,000 72,000 99,000 $190,000 40,000 110,000 (60,000) $280,000 HAMES INC. Balance Sheets December 31, 2020 and 2019 2020 Assets Cash $ 20,000 Accounts receivable 78,000 Merchandise inventory 103,000 Total current assets $ 201,000 Land 50.000 Plant and equipment 125,000 Less: Accumulated depreciation (65,000) Total assets $311,000 Liabilities Short-term debt $ 18,000 Accounts payable 64,400 Other accrued liabilities 20,000 Total current liabilities $102,400 Long-term debt 22,000 Total liabilities $124,400 Stockholders' Equity Common stock, no par, 100,000 shares authorized 40,000 and 25,000 shares issued, respectively $ 74,000 Retained earnings: Beginning balance $ 81,000 Net income for the year 51,600 Dividends for the year (20.000) Ending balance $112,600 Total stockholders' equity $186,600 Total liabilities and stockholders $311,000 equity $ 17,000 75,000 18,000 $110,000 30,000 $140,000 S 59,000 $ 85,000 1,000 5,000) $ 81,000 $140,000 $280,000 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.) E Assume that on December 31, 2020, the treasurer of Hames decided to pay $15,000 of accounts payable. What impact, if any, this payment will have on the answers you calculated for parts o-d (increase, decrease, or no effect). 9. 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 ad increase decrease, or no effect). 17.46% 1 ROI b. ROE C. Working capital d. Current ratio e. Acid test ratio 1. ROI ROE Working capital Current ratio 9. ROT ROE Working capital Current ratio

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