WIPER INCORPORATED Condensed Balance Sheets December 31, 2023, 2022, 2021 (in millions) Current assets Other assets Total assets Current liabilities Long-term liabilities Stockholders' equity Total liabilities and stockholders' equity 2023 $ 788 2,427 $ 3,215 $ 591 2022 $ 1,811 1,934 $ 2,945 $ 844 1,061 2021 $ 873 1,733 $ 2,606 $ 737 1,603 937 1,021 932 $ 3,215 $ 2,945 $ 2,606 1,040 WIPER INCORPORATED Selected Income Statement and Other Data For the Years Ended December 31, 2023 and 2822 (in millions) Income statement data: Sales Operating income Interest expense Net income Other data: Average number of common shares outstanding Total dividends paid 2023 $ 3,064 318 98 233 2022 $ 2,927 324 79 228 48.1 $ 64.0 $ 53.7 42.7 Required: a. Calculate return on investment, based on net income and average total assets, for 2023 and 2022. b. Calculate return on equity for 2023 and 2022. c. Calculate working capital and the current ratio for each of the past three years. d. Calculate earnings per share for 2023 and 2022. e. If Wiper's stock had a price/earnings ratio of 10 at the end of 2023, what was the market price of the stock? f. Calculate the cash dividend per share for 2023 and the dividend yield based on the market price calculated in part e. g. Calculate the dividend payout ratio for 2023. h. Assume that accounts receivable at December 31, 2023, totaled $323 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, 2023 and 2022 J. Calculate the times interest earned ratio for 2023 and 2022.