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Calculate return on investment, based on net income and average total assets, for 2020 and 2019. Calculate return on equity for 2020 and 2019. Calculate
- Calculate return on investment, based on net income and average total assets, for 2020 and 2019.
- Calculate return on equity for 2020 and 2019.
- Calculate working capital and the current ratio for each of the past three years.
- Calculate earnings per share for 2020 and 2019.
- If Wiper's stock had a price/earnings ratio of 12 at the end of 2020, what was the market price of the stock?
- Calculate the cash dividend per share for 2020 and the dividend yield based on the market price calculated in part e.
- Calculate the dividend payout ratio for 2020.
- Assume that accounts receivable at December 31, 2020, totaled $314 million. Calculate the number of days' sales in receivables at that date.
- Calculate Wiper's debt ratio and debt/equity ratio at December 31, 2020 and 2019.
- Calculate the times interest earned ratio for 2020 and 2019.
2020 | 2019 | 2018 | |||||||
Current assets | $ | 695 | $ | 927 | $ | 783 | |||
Other assets | 2,418 | 1,925 | 1,724 | ||||||
Total assets | $ | 3,113 | $ | 2,852 | $ | 2,507 | |||
Current liabilities | $ | 582 | $ | 826 | $ | 719 | |||
Long-term liabilities | 1,519 | 995 | 865 | ||||||
Stockholders equity | 1,012 | 1,031 | 923 | ||||||
Total liabilities and stockholders' equity | $ | 3,113 | $ | 2,852 | $ | 2,507 | |||
2020 | 2019 | |||||
Income statement data: | ||||||
Sales | $ | 3,055 | $ | 2,918 | ||
Operating income | 301 | 315 | ||||
Interest expense | 89 | 70 | ||||
Net income | 206 | 201 | ||||
Other data: | ||||||
Average number of common shares outstanding | 41.8 | 47.2 | ||||
Total dividends paid | $ | 55.0 | $ | 52.8 | ||
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