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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, 2020, 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, 2020, 2019, 2018 (in millions) 2020 Current assets $ 681 Other assets 2,415 Total assets $3,096 Current liabilities $ 566 Long-term liabilities 1,521 Stockholders' equity 1,009 Total liabilities and stockholders' equity $3,096 2019 $ 906 1,922 $2,828 SBOS 995 1,028 $2,828 2018 $ 753 1,721 $2,474 $ 712 842 920 $2,474 2019 WIPER INC. Selected Income Statement and Other Data For the year Ended December 31, 2020 and 2019 (in nillions) 2020 Income statement data: Sales $3,052 Operating income 298 Interest expense 86 Net Income 197 Other data: Average number of conton shares outstanding 41.5 Total dividends paid $ 52.0 $2,915 312 67 192 46.9 $ 52.5 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 parte. g. Calculate the dividend payout ratio for 2020. h. Assume that accounts receivable at December 31, 2020, totaled $311 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, 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 A and B Reqc Reg D Reg E to H Regi Req 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 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.) 9. Calculate the dividend payout ratio for 2020. (Do not round intermediate calculations.) h. Assume that accounts receivable at December 31, 2020, totaled $311 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 1. Cash dividends per share Dividend yield 9. Dividend payout ratio n. Number of days' sales % % days (Reg D Regl > Complete this question by entering your answers in the tabs below. Req A and B Reqc Reg D Reg E to H Reg1 Req 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 % Complete this question by entering your answers in the tabs below. Reg A and B Reqc Reg 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

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