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ok Current assets Other assets Total assets December 31, 2023, 2022, 2021 (in millions) Current liabilities Long-term liabilities 2023 2022 $ 695 2,418 $
ok Current assets Other assets Total assets December 31, 2023, 2022, 2021 (in millions) Current liabilities Long-term liabilities 2023 2022 $ 695 2,418 $ 927 $ 3,113 1,925 $ 2,852 $ 582 $ 826 2021 $ 783 1,724 $ 2,507 $719 1,519 1,012 $3,113 995 1,031 $2,852 865 923 $ 2,507 Stockholders' equity Total liabilities and stockholders' equity WIPER INCORPORATED Selected Income Statement and Other Data For the Years Ended December 31, 2023 and 2022 (in millions) nt Income statement data: ences Sales Operating income Interest expense Net income Other data: Average number of common shares outstanding Total dividends paid 2023 2022 $3,055 301 $2,918 315 89 70 206 201 41.8 47.2 $ 55.0 $ 52.8 Required: a. Calculate return on investment, based on net income and average total assets, for 2023 and 2022 b. Calculate return on equity for 2023 and 2022 c. Calculate working capital and the current ratio for each of the pathree years. d. Calculate earnings per share for 2023 and 2022 e. If Wiper's stock had a price/earnings ratio of 12 at the end of 2023, what was the market price of the stock? f. Calculate the cash dividend per share for 2023 and the dividend yield based on the market price calculated in part e g. Calculate the dividend payout ratio for 2023 h. Assume that accounts receivable at December 31, 2023, totaled $314 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, 2023 and 2022 j. Calculate the times interest earned ratio for 2023 and 2022 Complete this question by entering your answers in the tabs below. Req A and B Red C Reg D Req E to H Req Req a. Calculate return on investment, based on net income and average total assets, for 2023 and 2022 Note: Do not round intermediate calculations. Round your percentage answers to 1 decimal place (ie, 0.123 should be entered as 12.3. b. Calculate return on equity for 2023 and 2022. Note: Round your percentage answers to 1 decimal place (ie., 0.123 should be entered as 12.3. Show less a
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