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 $540,000 2e2e 2019 $ 22,eee 78,eee 103,000 $ 203,600 se, 125,eee (65,000) $ 313,000 $ 20,eee 72, 99, eee $ 191,600 40,000 110,000 (60.ee) $ 281, eee HAMES INC. Balance Sheets December 31, 2020 and 2019 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 Connon stock, no par, 100,000 shares authorized 40,000 and 25,eee 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,eee 65,200 20,000 $ 183, 2ee 22,00 $ 125,200 $ 17,eee 75, see 18.00 $ 110,500 30,00 $ 140, see $ 74,eee $ 59,eee $ 81,5ee 52,300 (20,000) $ 113, see $ 187,800 $ 313,eee $ 85,eee 1,500 (5.ee) $ 81,500 $ 140, 500 $ 281, eee 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 a-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 recelvable. What Impact, if any, this receipt will have on the answers you calculated for parts a-d (increase, decrease, or no effect). a b c d. e f ROI ROE Working capital Current ratio Acid test ratio ROI ROE Working capital Current ratio ROI ROE Working capital Current ratio 9