Question: Presented here are summarized data from the balance sheets and income statements of Wiper Incorporated: table [ [ , table [ [ WIPER
Presented here are summarized data from the balance sheets and income statements of Wiper Incorporated:
tabletableWIPER INCORPORATEDCondensed Balance Sheets ecember in millionsCurrent assets,,Other assets,,$ $ $ Total assets,,$$ $ Current liabilities,,$ $ Longterm liabilities,,Stockholders equity,,ders equity,$ $$
Required:
a Calculate return on investment, based on net income and average total assets, for and
b Calculate return on equity for and
c Calculate working capital and the current ratio for each of the past three years.
d Calculate earnings per share for and
e If Wiper's stock had a pricelearnings ratio of at the end of what was the market price of the stock?
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