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Required: Calculate ROI for 2023. Note: Do not round intermediate calculations. Round your final answer to 2 decimal places. Calculate ROE for 2023. Note: Round
Required:
- Calculate ROI for 2023.
Note: Do not round intermediate calculations. Round your final answer to 2 decimal places.
- Calculate ROE for 2023.
Note: Round your answer to 1 decimal place.
- Calculate working capital at December 31, 2023.
- Calculate the current ratio at December 31, 2023.
Note: Round your answer to 2 decimal places.
- Calculate the acid-test ratio at December 31, 2023.
Note: Round your answer to 2 decimal places.
- 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 ad (increase, decrease, or no effect).
- 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 ad (increase, decrease, or no effect).
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