Question: 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

 Presented here are summarized data from the balance sheets and income
statements of Wiper incorporated: Required: a. Calculate return on investment, based on

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 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 pricelearnings ratio of 14 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 recelvable at December 31, 2023, totaled $310 million. Calculate the number of days' sales in receivables at that date. 1. Calculate Wiper's debt ratio and debt/equity ratio at December 31, 2023 and 2022. 1. Calculate the times interest earned ratio for 2023 and 2022

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!