(Question and Answer): y D Chapter 3 Hornork (1 facebook kGraw Hil Correct x C | ⓘ erto.miteduca tpx Prosentod hero are the comparative balance shoets of H

y D Chapter 3 Hornork (1 facebook kGraw Hil Correct x C | ⓘ erto.miteduca tpx Prosentod hero are the comparative balance shoets of Hamos, Inc. December 31,2017 and 2016 Sales for the year ended December 31,2017/, otaled $640,000 HAMES It December 31, 2017 and 2016 20,000 8,000 5 20,000 2,000 Merchandse inventory otal cument asset Plant and equipment Short-term Accounts payable 17,000 accrued liabilities Total cutrent lablities Long-term debt Stockholders Equity Common stock, to p 100,000 shares authonized 40,000 and 25,000 shares issued, respedtivel 5 81.500 51,100 $ 85.000 Dividendis for the year Ending balance Total stockholders equhy Total labides and stockholders equity Required: a. Caloulate ROI for 2017 (Do not round intermediate calculations. Round your final answer to 2 decimal places) 7 (o nod ro b. Calculate ROE for 2017 Round your answer to 1 decimal place.) 1BA
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y D Chapter 3 Hornork (1 facebook kGraw Hil Correct x C | ⓘ erto.miteduca tpx Prosentod hero are the comparative balance shoets of Hamos, Inc. December 31,2017 and 2016 Sales for the year ended December 31,2017/, otaled $640,000 HAMES It December 31, 2017 and 2016 20,000 8,000 5 20,000 2,000 Merchandse inventory otal cument asset Plant and equipment Short-term Accounts payable 17,000 accrued liabilities Total cutrent lablities Long-term debt Stockholders’ Equity Common stock, to p 100,000 shares authonized 40,000 and 25,000 shares issued, respedtivel 5 81.500 51,100 $ 85.000 Dividendis for the year Ending balance Total stockholders equhy Total labides and stockholders equity Required: a. Caloulate ROI for 2017 (Do not round intermediate calculations. Round your final answer to 2 decimal places) 7 (o nod ro b. Calculate ROE for 2017 Round your answer to 1 decimal place.) 1BA

Expert Answer

ROI Net Income/Total Invested Funds 51100/(186600+22000)*100
2017 24.50
ROE Net Income/Average Shareholder’s Equity 51100/((186600+140500)/2))*100
2017 31.24
Working Capital Current Assets-Current Laibilities (201000-102400)
2017 98600
Current Ratio Current Assets/Current Liabilities 201000/102400
2017 1.96
Acid Test Ratio (Cash+Accounts Recievavble)/Current Liabilities (20000+78000)/102400
2017 0.96

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