Answered step by step
Verified Expert Solution
Question
1 Approved Answer
A through i please EVER Condensed Balance Sheets December 31, 2020, 2013, 2018 in millions) 2020 Current asset $ 707 Other assets 2.415 Total assets
A through i please
EVER Condensed Balance Sheets December 31, 2020, 2013, 2018 in millions) 2020 Current asset $ 707 Other assets 2.415 Total assets $3,126 Current liabilities 5583 Long-tern 11 abilities 1.530 Stockholders' equity 1.013 Total liabilities and stockholders alty $3,126 2015 $ 539 1,924 52.865 S 36 997 1.032 $2,665 2018 # 793 1,725 $2,510 124 870 $2,510 2019 WIPER INC. Selected Income Statement and Other Data For the year Ended December 31, 2020 and 2019 (in millions 2020 Income statement data Sales 33,056 Operating income 302 Interest expense 90 Set soon Other data: Average number of common shares outstanding 41.9 Total dividends paid $ 56.0 52.19 316 73 294 209 47.3 $ 52. 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 14 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 $315 milion Calculate the number of days sales in receivables at that date. i. Calculate Wiper's debt ratio and debt/equity ratio at December 31, 2020 and 2019 Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started