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 $680,000. HAMES INC. Balance Sheets December 31, 2020 and 2019 2020 2019 $ 20,eee 78,000 103,000 $ 201, eee 50,000 125, eee (65,00) $ 311,00 $ 21, een 72,000 99,000 $ 192,880 40,00 110, eee (60, eee) $ 282,800 Assets Cash Accounts receivable Merchandise inventory Total current assets Land Plant and equipment Less: Accumulated depreciation Total assets Liabilities Short-term debt Accounts payable Other accrued liabilities Total current liabilities Long-term debt Total liabilities Stockholders' Equity Common stock, no par, 1ee, eee shares authorized 40,eee and 25,000 shares issued, respectively Retained earnings: Beginning balance Net income for the year Dividends for the year Ending balance Total stockholders' equity Total liabilities and stockholders' equity $ 18,000 64,400 2e, eee $ 102,400 22, Bee $ 124, 4ee $ 17,880 76,000 18,000 $ 111,000 30,000 $ 141,000 $ 74, eee $ 59, eee $ 82,00 5e, 600 (20,000) $ 112,600 $ 186,680 $ 311,000 $ 85, eee 2,000 (5,eee) $ 82,wee $ 141, Bee $ 282, see 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.) f. 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 a-d (increase, decrease, or no effect). ROI c. d. ROE Working capital Current ratio e. Acid test ratio ROI ROE Working capital Current ratio ROI ROE Working capital Current ratio