Question: Presented here are summarized data from the balance sheets and income statements of Wiper Incorporated: WIPER INCORPORATEDCondensed Balance SheetsDecember 3 1 , 2 0 2
Presented here are summarized data from the balance sheets and income statements of Wiper Incorporated:
WIPER INCORPORATEDCondensed Balance SheetsDecember in millionsCurrent assets$ $ $ Other assetsTotal assets$ $ $ Current liabilities$ $ Longterm liabilitiesStockholders' equityTotal liabilities and stockholders' equity$ $ $
WIPER INCORPORATEDSelected Income Statement and Other DataFor the Years Ended December and in millionsIncome statement data:Sales$ $ Operating incomeInterest expenseNet incomeOther data:Average number of common shares outstandingTotal dividends paid$ $
Required:
Calculate return on investment, based on net income and average total assets, for and
Calculate return on equity for and
Calculate working capital and the current ratio for each of the past three years.
Calculate earnings per share for and
If Wiper's stock had a priceearnings ratio of at the end of what was the market price of the stock?
Calculate the cash dividend per share for and the dividend yield based on the market price calculated in part e
Calculate the dividend payout ratio for
Assume that accounts receivable at December totaled $ million. Calculate the number of days' sales in receivables at that date.
Calculate Wiper's debt ratio and debtequity ratio at December and
Calculate the times interest earned ratio for and
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