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 HAPES INC Balance sheets December 11, 2020 and 2019 3020 2010 Liabilities Assets Cash Accounts receivable Merchandise inventory Total current assets Land Plant and equipment Less) Accumulated depreciation Total assets Short-tere debt $ 24,000 78,000 101,000 $105,000 $ 21,000 72,000 $102,000 50,000 125,000 (65,000) 110,000 (10,000) $115,000 $282,000 $18,000 Accounts payable $17,000 76,000 other accrued liabilities Total currest liabilities Long-tere debt 30,000 $104,000 22,000 $111,000 Total liabilities 1.120,000 30,000 141,0 stockholders' Equity Common stock, no par, 100,000 shares authorized 40,000 and 25,000 shares issued, respectively $10,000 Retained earnings Beginning balance net income for the year Dividends for the year) Ending balance total stockholders' equity $12,000 345,000 00,000) 2,000 (5,000) $141,000 $315,000 total liabilities and stockholders' equity 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 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 a-d (increase, decrease, 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 a-d (increase, decrease or no effect) a. ROI b. ROE 3 Working capital d. Current ratio e. Acid test ratio ROI ROE Working capital Current ratio 9 RO ROE Working capital Current ratio any, this receipt will have on the answers you calculated