2 points Presented here are summarized data from the balance sheets and income statements of Wiper Inc.: WIPER INC. Condensed Balance Sheets December 31, 2020, 2019, 2018 (in millions) 2020 2019 2018 Current assets $ 685 $ 917 $ 773 Other assets 2,417 1,924 1,723 Total assets $3,102 $2,841 $ 2,496 Current liabilities $ 581 $ 816 $ 714 Long-term liabilities 1,510 995 860 Stockholders' equity 1,011 1,030 922 Total liabilities and stockholders' equity $3,102 $2,841 $2,496 eBook Print I References WIPER INC. Selected Income Statement and Other Data For the year Ended December 31, 2020 and 2019 (in millions) 2020 Income statement data. Sales $3,054 Operating income 300 Totaan 90 2019 $2,917 314 60 Ch 5 [in millions) 2020 2019 Income statement data: Sales Operating income Interest expense Net income Other data: Average number of common shares outstanding Total dividends paid $3,054 300 88 203 $2,917 314 69 198 2 points 41.7 $ 54.0 47.1 $ 52.7 eBook Print References Required: a. Calculate return on investment, based on net income and average total assets, for 2020 and 2019, b. Calculate return on equity for 2020 and 2019, C. Calculate working capital and the current ratio for each of the past three years. d. Calculate earnings per share for 2020 and 2019. e. If Wiper's stock had a price/earnings ratio of 11 at the end of 2020, what was the market price of the stock? f. Calculate the cash dividend per share for 2020 and the dividend yield based on the market price calculated in parte. g. Calculate the dividend payout ratio for 2020. h. Assume that accounts receivable at December 31, 2020, totaled $313 million. Calculate the number of days' sales in receivables at that date. 1. Calculate Wiper's debt ratio and debt/equity ratio at December 31, 2020 and 2019. J. Calculate the times interest earned ratio for 2020 and 2019, Complete this question by entering your answers in the tabs below. Reg A and B Reqc Reg D Reg E to H Req1 Reg) a. Calculate return on investment, based on net income and average total assets, for 2020 and 2019. (Do not round intermediate calculations. Round your answers to 1 decimal place.) b. Calculate return on equity for 2020 and 2019. (Round your answers to 1 decimal place.) 2020 2019 a. Return on investment b. Return on equity % % % % Roy A ansa Reqc > Complete this question by entering your answers in the tabs below. Reg A and B REC Reg D Reg E to H Reg1 Req) ReqC Calculate working capital and the current ratio for each of the past three years. (Enter your answers in millions (.., 5,000,000 should be entered as 5). Round "Current ratio" to 1 decimal place.) 2020 2018 Working capital Current ratio 2019 15 (Reg A and B Reg D > Complete this question by entering your answers in the tabs below. 2 points Reg eBook Reg A and B ReqC Reg D Reg Eto Req1 Calculate earnings per share for 2020 and 2019. (Round your answers to 2 decimal places.) 2019 Earings per share Print 2020 References Reg A and B Regc Reg D Reg E to Reg! Reg e. If Wiper's stock had a price/earnings ratio of 11 at the end of 2020, what was the market price of the stock? (Do not round Intermediate calculations. Round your answer to 2 decimal places.) 1. Calculate the cash dividend per share for 2020 and the dividend yield based on the market price calculated in part e. (Do not round Intermediate calculations. Round your answers to 2 decimal places.) 9. Calculate the dividend payout ratio for 2020. (Do not round Intermediate calculations.) h. Assume that accounts receivable at December 31, 2020, totaled $313 million. Calculate the number of days' sales in receivables at that date. (Use 365 days a year. Do not round Intermediate calculations.) Show less eBook Market price Cash dividends per share Dividend yield 0 Dividend payout rato h Number of days' sales % % days Complete this question by entering your answers in the tabs below. Reg A and B Reqc Reg D Reg E to H Req Reg) ts Calculate Wiper's debt ratio and debt/equity ratio at December 31, 2020 and 2019. (Round "Debt ratio to 1 decimal place and "Debt/equity ratio to the nearest whole percent.) eBook Print 2020 2019 % Herences Debt ratio Debt equity ratio Complete this question by entering your answers in the tabs below. Req A and B Reqc ReqD Reg E to H Req1 Req Calculate the times interest earned ratio for 2020 and 2019. (Round your answers to 1 decimal place.) 2020 2019 Times interest earned times times