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Presented here are the comparative balance sheets of Hames Incorporated at December 3 1 , 2 0 2 3 and 2 0 2 2 .

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Presented here are the comparative balance sheets of Hames Incorporated at December 31,2023 and 2022. Sales for the year ended
December 31,2023, totaled $630,000. Required:
a. Calculate ROI for 2023.
Note: Do not round intermediate calculations. Round your final answer to 2 decimal places.
b. Calculate ROE for 2023.
Note: Round your answer to 1 decimal place.
c. Calculate working capital at December 31,2023.
d. Calculate the current ratio at December 31,2023.
Note: Round your answer to 2 decimal places.
e. Calculate the acid-test ratio at December 31,2023.
Note: Round your answer to 2 decimal places.
f. Assume that on December 31,2023, 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 31,2023. 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).
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