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WIPER INC. Condensed Balance Sheets December 31, 2e2e, 2019, 2018 (in millions) 2020 Current assets $ 764 Other assets 2,424 Total assets $3,188 Current liabilities $ 588 Long-term liabilities 1,582 Stockholders' equity 1,18 Total liabilities and stockholders' equity $3,188 2019 2018 $981 $ 843 1,931 1,730 $2,912 $2,573 841 5724 1,034 91 1,037 929 $2,912 $2,573 2019 WIPER INC. Selected Income Statement and other Data For the year Ended December 31, 2020 and 2019 (in millions) 2020 Income statement data: Sales $3,861 Operating income Interest expense Net income 224 Other data: Average number of common shares outstanding 42.4 Total dividends paid $61.0 $2,924 321 219 47.8 $53.4 * Answer is complete but not entirely correct. Complete this question by entering your answers in the tabs below. points Reg A and B Regc Reg D Reg E to H Reg1 Reg 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? (Do not round Intermediate calculations. Round your ansver to 2 decimal places.) t. Calculate the cash dividend per share for 2020 and the dividend yield based on the market price calculated in parte (Do not round intermediate calculations. Round your answers to 2 decimal places.) 0. Calculate the dividend payout ratio for 2020. Do not round intermediate calculations.) h. Assume that accounts receivable at December 31, 2020, total $320 million Calculate the number of days' sales in receivables at that date. (Use 365 days a year. Do not round Intermediate calculations.) Show less e s Market price Cash dividends per share Dividend yield Dvidend payout ratio Number of days' sales 6340 14 2.27 h RegD Regl > Answer is complete but not entirely correct. Complete this question by entering your answers in the tabs below. Reg A and B Rec RegDR E to H ReqI Req 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 68.1 2019 644 % Dobro Debtequity ratio

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