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) 202e $ 793 2.428 $3,221 $ 592 $ 883 1,734 $2,617 Current assets Other assets Total assets Current liabilities Long-term liabilities Stockholders' equity Total liabilities and stockholders' equity 2019 $1,e21 1,935 $2,956 S845 1,070 1.041 $2,956 1,6e7 1,022 $3,221 WIPER INC. Selected Income Statement and Other Data For the year Ended December 31, 2020 and 2019 (in millions) 2019 2020 $3,065 $2,928 236 Income statement data: Sales Operating income Interest expense Net income Other data: Average number of common shares outstanding Total dividends paid 4 .2 42.8 $65.0 S53.8 Required: 6. 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. .. If Wiper's stock had a pricelearnings ratio of 12 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 yield 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 $324 million Calculate the number of days sales in receivables a that date. Calculate Wiper's debt ratio and debt/equity ratio at December 31, 2020 and 2019. date the times interest earned ratio for 2020 and 2019. a. Calculate earnings per share tor 2020 and 2019. e. If Wiper's stock had a pricelearnings ratio of 12 at the end of 2020, what was the market price of the stock Calculate the cash dividend per share for 2020 and the dividend yield based on the market price calculated 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 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 Req C Reg D Req E to H Req I Req] a. Calculate return on investment, based on net income and average total assets, for 2020 and 2019. (Do not rol 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 Return on investment Return on equity ReqC > J U L ILLUNS Tecelable at December 31, 2020, totaled $324 million. Calculate the numb 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 Req D Req E to H Reg 1 Reqj Calculate working capital and the current ratio for each of the past three years. (Enter your answers in 5,000,000 should be entered as 5). Round "Current ratio" to 1 decimal place.) 2020 2019 2018 Working capital Current ratio d. Calculate earnings per share tor 2020 and 2019. e. If Wiper's stock had a pricelearnings ratio of 12 at the end of 2020, what was the market price of the sto f. Calculate the cash dividend per share for 2020 and the dividend yield based on the market price calcu g. Calculate the dividend payout ratio for 2020. h. Assume that accounts receivable at December 31, 2020, totaled $324 million. Calculate the number of that date. 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. Complete this question by entering your answers in the tabs below. Reqc Reg A and B Req] Req Eto H ReqI Reg D Calculate earnings per share for 2020 and 2019. (Round your answers to 2 decimal places.) 2020 2019 Earnings per share n eceivabled December 31, 2020, totaled $324 million. Calculate the number of days that date 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. Complete this question by entering your answers in the tabs below. Req A and B Reqc RegD Reg E to H ReqI Reqj 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? (Do 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 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 $324 million. Calculate the number of days' sales receivables at that date. (Use 365 days a year. Do not round intermediate calculations.) Sho e. Market price Cash dividends per share Dividend yield Dividend payout ratio h. Number of days' sales 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 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 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 that date. 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. Complete this question by entering your answers in the tabs below. Reg E to H Reg E to H Reg I Regi Rea Reg D Reg C Reqj Req A and B 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 2019 Debt ratio Debt/equity ratio 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 pricelearnings 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 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 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 Req D Reg E to H ReqI Req) Calculate the times interest earned ratio for 2020 and 2019. (Round your answers to 1 decimal place.) 2020 2019 Times interest earned times times
