Presented here are summarized data from the balance sheets and income statements of Wiper Inc.:...
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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) 2020 Current assets $ 685 Other assets 2,417 Total assets $3,102 Current liabilities $ 581 Long-term liabilities 1,510 Stockholders' equity 1,011 Total liabilities and stockholders' equity $ 3,102 2019 $ 917 1,924 $2,841 $ 816 995 1,030 $ 2,841 2018 $ 773 1,723 $2,496 $ 714 860 922 $ 2,496 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 $3,054 Operating income 300 Interest expense Net income 203 Other data: Average number of common shares outstanding 41.7 Total dividends paid $ 54.0 $2,917 314 69 198 88 47.1 $ 52.7 Req A and B Reqc Req D Req E to H Req I Reqj 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
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