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,

Presented here are summarized data from the balance sheets and Income statementsof Wiper Inc.: WIPER INC. Condensed Balance Sheets December 31, 2020, 2019,2018 (in millions) Current assets Other assets Total assets Current liabilities Long-termliabilities Stockholders' equity Total liabilities and stockholders' equity WIPER INC. Selected IncomeStatement and Other Data For the year Ended December 31, 2020 and2019 (in millions) Income statement data: Sales Operating income Interest expense Netincome Other data: Average number of common shares outstanding Total dividends paid

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) Current assets Other assets Total assets Current liabilities Long-term liabilities Stockholders' equity Total liabilities and stockholders' equity WIPER INC. Selected Income Statement and Other Data For the year Ended December 31, 2020 and 2019 (in millions) Income statement data: Sales Operating income Interest expense Net income Other data: Average number of common shares outstanding Total dividends paid Required: 2020 $ 650 2019 $ 900 2018 $ 700 2,750 2,050 1,750 $3,400 $2,950 $2,450 $ 500 $ 800 $ 700 1,500 1,000 800 1,400 1,150 950 $3,400 $2,950 $2,450 2020 2019 $3,300 380 $2,900. 300. 80 70 300 230 44 42 $ 50 $ 30 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 14 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 part e g. Calculate the dividend payout ratio for 2020. h. Assume that accounts receivable at December 31, 2020, totaled $310 millon 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. Req A and B Req. C Req D Req E to H Req I Req J

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