Condensed Balance Sheets December 31, 2020, 2019, 2018 (in millions) 2020 Current assets $ 764 Other assets 2,424 Total assets $3,188 Current liabilities $ 588 Long-term liabilities 1,582 Stockholders' equity 1,018 Total liabilities and stockholders' equity $3,188 2019 $ 981 1,931 $2,912 $ 841 1,034 1,037 $2,912 2018 $ 843 1,730 $2,573 $ 734 910 929 $2,573 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 $3,061 Operating income Interest expense 95 Net income 224 Other data: Average number of common shares outstanding 42. 4 Total dividends paid $ 61.0 307 $2,924 321 76 219 47.8 $ 53.4 Complete this question by entering your answers in the tabs below. Req A and B ReqC ReqD Reg E to H ReqI Req) e. If Wiper's stock had a price/earnings ratio of 12 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.) f. 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.) g. Calculate the dividend payout ratio for 2020. (Do not round intermediate calculations.) h. Assume that accounts receivable at December 31, 2020, totaled $320 million. Calculate the number of days' sales in receivables at that date. (Use 365 days a year. Do not round Intermediate calculations.) Show less $ 63.40 e. Market price 1. Cash dividends per share Dividend yield 9. Dividend payout ratio Th Number of days' sales Complete this question by entering your answers in the tabs below. Req A and B Reqc Reg D Reg E to H ReqI RegJ 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.) 2020 2019 Debt ratio Debt/equity ratio ( Req E to H Reqj > Complete this question by entering your answers in the tabs below. Reg A and B Reqc Reg D Reg E to H Reg1 Reg) Calculate the times Interest earned ratio for 2020 and 2019. (Round your answers to 1 decimal place.) 2020 2019 Times interest earned times times