I only need help with a, b, and the second half of f (dividend yield.)
Im not sure if I am typing it in wrong or what!
I got all other parts correct!
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) Current assets Other assets Total assets Current liabilities Long-term liabilities Stockholders' equity Total liabilities and stockholders' equity 2020 $ 749 2,422 $3,171 $ 586 1,569 1,016 $3,171 2019 $ 969 1,929 $2,898 $ 839 1,024 1,035 $2,898 2018 $ 823 1,728 $2,551 $ 732 892 927 $2,551 WIPER INC. Selected Income Statement and Other Data For the year Ended December 31, 2020 and 2019 (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 $3,059 305 93 218 $2,922 319 74 213 42.2 $ 59.0 47.6 $ 53.2 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 pricelearnings ratio of 14 at the end of 2020, what was the market price of the stock? 1. Calculate the cash dividend per share for 2020 and the dividend yteld 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 $318 million. Calculate the number of days' sales in receivables at 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. that date. Answer is not complete. Complete this question by entering your answers in the tabs below. Reg A and B Reg C Reg D Req E to Reg 1 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.) 2019 2020 214.6 % Ja Return on investment Return on equity %6 b 96 %6 Reqc > Check my work mode : This shows what is correct or Incorrect for the work you have completed so Answer is not complete. Complete this question by entering your answers in the tabs below. Req A and B Reqc Req D Req E to H Reg 1 Req) 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? (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 parte. (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 $318 million. Calculate the number of days' sales in receivables at that date. (Use 365 days a year. Do not round intermediate calculations.) Show less e $ 72.32 $ 1.40 f Market price Cash dividends per share Dividend yield Dividend payout ratio Number of days' sales %6 27 % h 38 days
