Presented here are summarized data from the balance sheets and income statements of Wiper Incorporated: WIPER INCORPORATED Condensed Balance Sheets December 31, 2023, 2022, 2021 (in millions) Current assets Other assets Total assets Current liabilities. Long-term liabilities. Stockholders' equity Total liabilities and stockholders' equity Income statement data: Sales Operating income Interest expense Net income Other data: WIPER INCORPORATED Selected Income Statement and Other Data For the Years Ended December 31, 2023 and 2022 (in millions) 2023 $ 788 2,427 $ 3,215 Average number of common shares outstanding Total dividends paid $591 1,603 1,021 $ 3,215 2023 $ 3,064 310 98 233 42.7 $ 64.0 2022 $ 1,011 1,934 $ 2,945 $ 844 1,061 1,040 $ 2,945 2022 2021 $ 873 1,733 $ 2,606 $ 737 937 932 $ 2,606 $ 2,927 324 79 228 48.1 $ 53.7 Required:

a. Calculate return on investment, based on net income and average total assets, for 2023 and 2022.

b. Calculate return on equity for 2023 and 2022.

c. Calculate working capital and the current ratio for each of the past three years.

d. Calculate earnings per share for 2023 and 2022.

e. If Wiper's stock had a price/earnings ratio of 10 at the end of 2023, what was the market price of the stock?

f. Calculate the cash dividend per share for 2023 and the dividend yield based on the market price calculated in part e.

g. Calculate the dividend payout ratio for 2023.

h. Assume that accounts receivable at December 31, 2023, totaled $323 million. Calculate the number of days' sales in receivables at

that date.

i. Calculate Wiper's debt ratio and debt/equity ratio at December 31, 2023 and 2022.

j. Calculate the times interest earned ratio for 2023 and 2022.

Presented here are summarized data from the balance sheets and income statements of Wiper incorporated: Required: a. Calculate return on investment, based on net income and overage total assets, for 2023 and 2022 b. Calculate return on equity for 2023 and 2022 . c. Calculate working capital and the current ratio for each of the past three years d. Calculate eamings per share for 2023 and 2022. e. If Wiper's stock had a price/earnings ratio of 10 at the end of 2023 , what was the market price of the stocic? f. Calculate the cash dividend per share for 2023 and the dividend vield based on the market price caiculated in part e. a. Calculate return on investment, based on net income and average total assets, for 2023 and 2022. entered as 12.3 . b. Calculate return on equity for 2023 and 2022. Note: Round your percentage answers to 1 decimal place (1.e., 0.123 should be entered as 12.3 . Calculate working capital and the current ratio for each of the past three years. Vote: Enter your-answers in millions (i.e., 5,000,000 should be entered as 5). Roun Calculate earnings per share for 2023 and 2022. Note: Round your answers to 2 deeimat places. Complete this question by entering your answers in the tabs below. e. If Wiper's stock had a price/earnings ratje of 10 at the end of 2023, what was the market peice of the stock? Noter Do not round intermediate Calculations, Round your answer to 2 decimal places. 1. Calculate the cash dividend per share for 2023 and the dividend vield based on the market price calculated in part e. Note Do not round intermedinte calculations. Found your percentage antwers to 2 decimal place (C.e, 0.1234 should be entered as 12.34 . 9. Calculate the dividend parrou ratio for 2023 . Note Do not roupd intermediate calcuiations. Hound your percentaget onswers to neareut whole percentage (1.e. 0.12 should be sotered as 12 ). h. Assume that accounts receivable at Decomber 31, 2023, totaled 5323 mason. Calculste the number of days' nales in recervables of that dite. Foter Une 365 days a vear, Op not round interracoiate caleulations. Complete this question by entering your answers in the tabs below. Calculate Wiper's debt ratio and debt/equity ratio at December 31,2023 and 2022. Note: Round "Debt ratio' to 1 decimal place (j,e,0,0.123 should be entered as 12.3 ) and 'Debt/equity ratio" to the nearest whole pericent (i.e., 012 should be entered as 12 ) Complete this question by entering your answers in the tabs below. Calculate the times interest earned ratio for 2023 and 2022 . Note: Round your answers to 1 decimal place