Question: Presented here are summarized data from the balance sheets and income statements of wiper incorporated: A Interest expense Net income Other data: Average number of
Presented here are summarized data from the balance sheets and income statements of wiper incorporated:
A
Interest expense
Net income
Other data:
Average number of common shares outstanding
Total dividends paid
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 priceearnings ratio of at the end of what was the market price of the stock?
f 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
h 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
j Calculate the times interest earned ratio for and
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