Question: 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

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 2019 2018 Current assets $ 895 $1,041 $ 903 Other assets 2.430 1,937 1,736 Total assets $3.235 $2,278 $2,639 Current liabilities $ 47 $ 769 Long-term liabilities 1,617 1,068 955 Stockholders' equity 1,024 1,043 935 Total liabilities and stockholders' equity $3,235 $2,978 $2,639 WIPER INC. Selected Income statement and other Data For the year Ended December 31, 2020 and 2019 (in millions) 2020 2019 Income statement data: Sales $3,067 $2,930 Operating income 313 327 Interest expense 101 82 Net income 242 237 other data: Average number of common shares outstanding 43.0 48.4 Total dividends paid $ 67.0 $ 54.0 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. Wiper's stock had a price learnings ratio of 13 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 9. Calculate the dividend payout ratio for 2020 h. Assume that accounts receivable at December 31, 2020, totaled $326 million Calculate the number of days' sales in receivables at that date L Calculate Wiper's debt ratio and debt/equity ratio at December 31, 2020 and 2019 Calculate the times interest earned ratio for 2020 and 2019 Complete this question by entering your answers in the bs belo Reg A and B Reqc RegD REM Reg Regu 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 1 decimal place.) b. Calculate return on equity for 2020 and 2019. (Round your answers to 1 decimal place.)
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