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) 2020 Current assets $ 793 Other assets 2,428 Total assets $3,221 Current liabilities $ 592 Long-term liabilities 1,607 Stockholders' equity 1,022 Total liabilities and stockholders' equity $3,221 2018 $ 883 1,734 $2,617 2019 $1,021 1,935 $2,956 $ 845 1,070 1,041 $ 2,956 $ 742 942 933 $2,617 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 $3,065 Operating income 311 Interest expense 99 Net income 236 Other data: Average number of common shares outstanding 42.8 Total dividends paid $ 65.0 $2,928 325 80 231 48.2 $ 53.8 Required: 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 price/earnings ratio of 12 at the end of 2020, what was the market price of the stock? f. Calculate the cash dividend per share for 2020 and the dividend yield based on the market price calculated in part e. g. Calculate the dividend payout ratio for 2020. h. Assume that accounts receivable at December 31, 2020, totaled $324 million. Calculate the number of days' sales in receivables at that date. i. 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. Complete this question by entering your answers in the tabs below. Req A and B Reqc Reg D Req E to H ReqI Reqj 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.) 2020 2019 a. Return on investment % % b. Return on equity % % 2020 2019 2018 Working capital Current ratio 2020 2019 Earnings per share e. Market price f. Cash dividends per share Dividend yield g. Dividend payout ratio h. Number of days' sales % % days 2020 2019 % % Debt ratio Debt/equity ratio % % 2020 2019 Times interest earned times times