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Presented here are summarized data from the balance sheets and income statements of Wiper Inc.: WIPER INC. Condensed Balance Sheets December 31, 202, 2019, 2018

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Presented here are summarized data from the balance sheets and income statements of Wiper Inc.: WIPER INC. Condensed Balance Sheets December 31, 202, 2019, 2018 (in millions) 2020 Current assets $ 781 Other assets 2,426 Total assets $3,207 Current liabilities S 590 Long-term liabilities 1,597 Stockholders' equity 1,020 Total liabilities and stockholders' equity $3,287 2019 $1,001 1,933 $2,934 $ 843 1,052 1,639 $2,934 2018 $ 863 1,732 $2,595 $ 736 928 931 $2,595 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 Operating income 389 Interest expense 97 Net income 230 Other data: Average number of common shares outstanding 42.6 Total dividends paid S 63.8 S3, 063 $2,926 323 78 225 48.0 S53.6 Complete this question by entering your answers in the tabs below. Reg Aan Reqc ROD Reg to Reg1 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 I decimal place.) b. Calculate return on equity for 2020 and 2019. (Round your answers to 1 decimal place.) 2020 2019 96 a Retum on investment b Retum on equity % 96 Complete this question by entering your answers in the tabs below. Reg A and B Lego ReqD Req Eto M ReqI Req) Calculate working capital and the current ratio for each of the past three years. (Enter your answers in millions (.e., 5,000,000 should be entered as 5). Round "Current ratio' to 1 decimal place 2020 2019 2018 Working capital Current ratio Complete this question by entering your answers in the tabs below. Reg A and B Reqc Reg D Req E to H Reg1 Req) Calculate earnings per share for 2020 and 2019. (Round your answers to 2 decimal places.) 2020 2019 Eamings per share Complete this question by entering your answers in the tabs below. Reg A and B Reqc ReqD Reg E to H Req1 Req e. If Wiper's stock had a price/earnings ratio of 10 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 $322 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. Market price t. Cash dividends per share Dividend yield g. Dividend payout ratio h. Number of days sales 96 96 days Complete this question by entering your answers in the tabs below. Reg A and B Reqc ReqD Reg E to H Regi Req3 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 Debt ratio % 2019 96 % Debt/equity ratio 96 Complete this question by entering your answers in the tabs below. Req A and B Reqc Req Rege to Req! Req Calculate the times interest earned ratio for 2020 and 2019. (Round your answers to 1 decimal place.) 2020 2019 Times interest eamed times times

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