The accounting department of your company has just delivered a draft of the current year's financial statements to you. The summary Is as follows: Total Assets Total Liabilities Total Equity Net Income for the Year Common Shares Outstanding Beginning of the Year $550,000 210,000 340,000 20,000 End of the Year $565,000 219,000 346,000 100,300 20,000 You discovered that they have not adjusted for estimated bad debt expenses of $8,200. For each of the following ratios, calculate: 1. The ratio that would have resulted had the error not been discovered (.e. the incorrect ratio). 2. The correct ratio Answer is complete but not entirely correct. A B C 1 Incorrect Correct 2 ROA 0.10% 0,17% 3 ROE 0.20% 0.27% 4 Debt Ratio 0.39% 0.30% 5 EPS 5.02 4.01 6 D E