Question: Total assets Current liabilities Long-term liabilities Stockholders' equity Total liabilities and stockholders' equity $3,188 $ 588 1,582 1,018 $3,188 $2,912 $ 841 1,034 1,037 $2,912

 Total assets Current liabilities Long-term liabilities Stockholders' equity Total liabilities and

Total assets Current liabilities Long-term liabilities Stockholders' equity Total liabilities and stockholders' equity $3,188 $ 588 1,582 1,018 $3,188 $2,912 $ 841 1,034 1,037 $2,912 52,573 $ 734 910 929 $2,573 WIPER INC. Selected Income Statement and Other Data For the year Ended December 31, 2020 and 2019 (in millions) 2020 2019 Income statement data: Sales Operating income Interest expense Net income Other data: Average number of common shares outstanding Total dividends paid 33,061 387 95 224 $2,924 321 75 219 42.4 $61.8 47.8 $ 53.4 Required: a. Calculate return on investment, based on net income and average total assets, for 2020 and 2019. b. Calculate return on equity for 2020 and 2019. c. Calculate working capital and the current ratio for each of the past three years. d. Calculate earnings per share for 2020 and 2019. e. If Wiper's stock had a price earnings ratio of 12 at the end of 2020, what was the market price of the stock? 1. Calculate the cash dividend per share for 2020 and the dividend yield based on the market price calculated in parte. 9. Calculate the dividend payout ratio for 2020. h. Assume that accounts receivable at December 31, 2020, totaled $320 million Calculate the number of days' sales in receivable that date. 1. Calculate Wiper's debt ratio and debtiequity ratio at December 31, 2020 and 2019. J. Calculate the times interest earned ratio for 2020 and 2019 3 Answer is complete but not entirely correct. Complete this question by entering your answers in the tabs below. Reg A and B Reqc Reg D Reg E to H Req 1 Reg) Calculate Wiper's debt ratio and debt/equity ratio at December 31, 2020 and 2019. (Round "Debt ratio to 1 decimal place and "Debt/equity ratio to the nearest whole percent.) Debt ratio 2020 68.0 % 2% % 2019 64.03% 1 %% Debt'equity ratio

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!