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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 .
Presented here are the comparative balance sheets of Hames Incorporated at December and Sales for the year ended
December totaled $
Required:
a Calculate ROI for
Note: Do not round Intermedlate calculations. Round your final answer to decimal places.
b Calculate ROE for
Note: Round your answer to decimal place.
c Calculate working capital at December
d Calculate the current ratio at December
Note: Round your answer to decimal places.
e Calculate the acidtest ratio at December
Note: Round your answer to decimal places.
f Assume that on December the tressurer of Hames decided to pay $ of accounts payable. What impact, if any, this
payment will have on the answers you calculated for parts ad incresse decresse, or no effect
g Assume that instead of paying $ of accounts payable on December Hames collected $ of accounts
receivable. What impact, if any, this receipt will have on the answers you calculated for parts ad increase decrease, or no effect
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