Presented here are summarized data from the balance sheets and income statements of Wiper, Inc.:

b. Calculate return on equity for 2017 and 2016. (Round your answers to 1 decimal place.)

e. If Wiper's stock had a price/earnings ratio of 12 at the end of 2017, 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 2017 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.)

WIPER, INC. Condensed Balance Sheets December 31, 2017, 2016, 2015 (in millions) 2015 S 829 $1,071 933 1.940 1.739 2017 2016 Current assets Other assets Total assets Current liabilities Long-term liabilities Stockholders' equity Total liabilities and stockholders' equity 2,433 1940 $3,262 $3,011 $2,672 $ 597 850 752 982 938 1,638 1.027 1,115 $3,262 $3,011 $2,672 WIPER, ING Selected Income Statement and Other Data For the year Ended December 31, 2017 and 2016 (in millions) 2017 2016 Income statement data: Sales Operating income Interest expense Net income $3,070 $2,933 330 85 246 316 104 251 Other data 43.3 Average number of common shares outstanding Total dividends paid 48.7 $ 70.0 54.3 b. Calculate return on equity for 2017 and 2016. (Round your answers to 1 decimal place.) Answer is complete but not entirely correct. 2017 2016 Return on 24.4 % | 23.5 % e. If Wiper's stock had a price/earnings ratio of 12 at the end of 2017, what was the market price of the stock? (Do not round intermediate calculations. Round your answer to 2 decimal places.) Answer is complete but not entirely correct. Market $ 69.60 f. Calculate the cash dividend per share for 2017 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.) Answer is not complete. Cash dividends per$1.62 share Dividend yield