Presented here are summarized data from the balance sheets and income statements of Wiper, Inc.:

WIPER, INC. Condensed Balance Sheets December 31, 2014, 2013, 2012 (in millions)
	2014	2013	2012
Current assets	$	771		$	991		$	853
Other assets		2,425			1,932			1,731
	$	3,196		$	2,923		$	2,584
Current liabilities	$	589		$	842		$	735
Long-term liabilities		1,588			1,043			919
Owners' equity		1,019			1,038			930
	$	3,196		$	2,923		$	2,584

WIPER, INC Selected Income Statement and Other Data For the year Ended December 31, 2014 and 2013 (in millions)
	2014	2013
Income statement data:
Sales	$	3,062		$	2,925
Operating income (EBIT)		308			322
Interest expense		96			77
Net income		227			222
Other data:
Average number of common shares outstanding		42.5			47.9
Total dividends paid	$	62.0		$	53.5

Required:
a.	Calculate return on investment, based on net income and average total assets, for 2014 and 2013. (Round your answers to 1 decimal place.)
	2014% 2013%

b.	Calculate return on equity for 2014 and 2013.(Round your answers to 1 decimal place.)
	2014 % 2013 %

c.	Calculate working capital and the current ratio for each of the past three years.(Enter your answers in millions. (i.e., 5,000,000 should be entered as 5). Round current ratio to 1 decimal place.)
	Working Capital: 2014 ______, 2013 _____, 2012______. Current Ratio: 2014 ______, 2013 _____, 2012______.

d.	Calculate earnings per share for 2014 and 2013.(Enter your answers in millions. (i.e., 5,000,000 should be entered as 5). Round your answers to 2 decimal places.)
	2014: 2013:

e.	If Wiper's stock had a price/earnings ratio of 13 at the end of 2014, what was the market price of the stock?(Enter your answers in millions. (i.e., 5,000,000 should be entered as 5). Do not round your intermediate calculations andround your final answer to 2 decimal places.)
	Market Price:

f.	Calculate the cash dividend per share for 2014 and the dividend yield based on the market price calculated in part e .(Enter your answers in millions. (i.e., 5,000,000 should be entered as 5). Round your "Cash dividends per share" to 2 decimal places and round your "Dividend Yield" to the nearest whole percent.)
	Cash dividends per share: Dividend yield % :

g.	Calculate the dividend payout ratio for 2014.(Do not round your intermediate calculations. Round your final answer to nearest whole percentage.)
	dividend payout ratio % :

h.	Assume that accounts receivable at December 31, 2014, totaled $321 million. Calculate the number of days' sales in receivables at that date.(Use 365 days a year.Do not round your intermediate calculations and round final answer to nearest whole number.)
	Number of days sales: _____ days

i.	Calculate Wiper's debt ratio and debt/equity ratio at December 31, 2014 and 2013.(Round your "Debt ratio" to 1 decimal place and round your "Debt/equity ratio" to the nearest whole percent.)
	Debt Ratio 2014 % : Debt Ratio 2013 % : Debt/equity ratio 2014 % : Debt/equity ratio 2013 % :

j.	Calculate the times interest earned ratio for 2014 and 2013.(Round your answers to 1 decimal place.)
	times interest earned ______ 2014 times times interest earned ______ 2013 times