Question & 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