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Presented here are summarized data from the balance sheets and income statements of Wiper Incorporated:...

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Finance

Presented here are summarized data from the balance sheets and income statements of Wiper Incorporated:

WIPER INCORPORATED
Condensed Balance Sheets
December 31, 2023, 2022, 2021
(in millions)
2023 2022 2021
Current assets $ 734 $ 959 $ 813
Other assets 2,421 1,928 1,727
Total assets $ 3,155 $ 2,887 $ 2,540
Current liabilities $ 585 $ 838 $ 731
Long-term liabilities 1,555 1,015 883
Stockholders equity 1,015 1,034 926
Total liabilities and stockholders' equity $ 3,155 $ 2,887 $ 2,540
WIPER INCORPORATED
Selected Income Statement and Other Data
For the Years Ended December 31, 2023 and 2022
(in millions)
2023 2022
Income statement data:
Sales $ 3,058 $ 2,921
Operating income 304 318
Interest expense 92 73
Net income 215 210
Other data:
Average number of common shares outstanding 42.1 47.5
Total dividends paid $ 58.0 $ 53.1

C. Calculate working capital and the current ratio for each of the past three years. Note: Enter your answers in millions (i.e., 5,000,000 should be entered as 5). Round "Current ratio" to 1 decimal place.

D.Calculate earnings per share for 2023 and 2022. Note: Round your answers to 2 decimal places.

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