Extracted text: Presented here are summarized data from the balance sheets and Income statements of Wiper Inc.: WIPER INC. Condensed Balance Sheets December 31, 2020, 2019, 2018 (in millions) 2019 $900 2,050 $2,950 2018 700 2020 Current assets other assets $ 650 2,750 $3,400 1,750 Total assets $2,450 Current liabilities Long-term 1iabilities Stockholders' equity $ 800 1,000 1,150 $2,950 $ 700 800 500 1,500 1,400 $3,400 950 Total liabilities and stockholders equity $2,450 WIPER INC. Selected Income Statement and Othe For the year Ended December 31, 2020 and 2019 (in millions) Data 2020 2019 Income statement data: Sales Operating income Interest expense Net income other data: Average number of common shares outstanding Total dividends paid $3,300 380 80 300 $2,900 300 70 230 44 42 50 30 Requlred: a. Calculate return on Investment, based on net Income and average total assets, for 2020 and 2019. b. Calculate return on equlty for 2020 and 2019. c. Calculate working capital and the current ratlo 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 ratlo of 14 at the end of 2020, what was the market price of the stock? f. Calculate the cash dividend per share for 2020 and the dividend yleld based on the market price calculated In part e. g. Calculate the dividend payout ratio for 2020. h. Assume that accounts recelvable at December 31, 2020, totaled $310 million. Calculate the number of days' sales In recelvables at that date. L. Calculate Wiper's debt ratlo and debt/equlty ratlo at December 31, 2020 and 2019. J. Calculate the times Interest earned ratlo for 2020 and 2019.
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Extracted text: Complete this question by entering your anSwers in the tabs below. Req A and B Req C Req D Req E to H Req I Req J 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.) 2020 2019 Debt ratio Debt/equity ratio < req="" e="" to="" h="" req="" j="">