Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

. . a. Calculate return on investment, based on net income and average total assets, for 2020 and 2019. b. Calculate return on equity for

image text in transcribed
. . 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 10 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 $323 million. Calculate the number of days' sales in receivabl 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 Req! Reqj 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.) 1. 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 $323 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 Cash dividends per share Dividend yield 9 Dividend payout ratio h. Number of days' sales % % days . . 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 10 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 $323 million. Calculate the number of days' sales in receivabl 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 Req! Reqj 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.) 1. 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 $323 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 Cash dividends per share Dividend yield 9 Dividend payout ratio h. Number of days' sales % % days

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Financial Accounting Fundamentals

Authors: John Wild

7th Edition

1260247864, 9781260247862

More Books

Students also viewed these Accounting questions

Question

Find the sum of all the even integers between 23 and 97.

Answered: 1 week ago

Question

4. What is the goal of the others in the network?

Answered: 1 week ago

Question

2. What we can learn from the past

Answered: 1 week ago