Presented here are summarized data from the balance sheets and Income statements of Wiper Inc.:WIPER INC.Condensed Balance SheetsDecember 31, 2020, 2019, 2018(in millions)2019$9002,050$2,95020187002020Current assetsother assets$ 6502,750$3,4001,750Total assets$2,450Current liabilitiesLong-term 1iabilitiesStockholders' equity$ 8001,0001,150$2,950$ 7008005001,5001,400$3,400950Total liabilities and stockholders equity$2,450WIPER INC.Selected Income Statement and OtheFor the year Ended December 31, 2020 and 2019(in millions)Data20202019Income statement data:SalesOperating incomeInterest expenseNet incomeother data:Average number of common shares outstandingTotal dividends paid$3,30038080300$2,9003007023044425030Requlred: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 atthat 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. Complete this question by entering your anSwers in the tabs below.Req A and BReq CReq DReq E to HReq IReq JCalculate Wiper's debt ratio and debt/equity ratio at December 31, 2020 and 2019. (Round "Debt ratio" to 1 decimal placeand "Debt/equity ratio" to the nearest whole percent.)20202019Debt ratioDebt/equity ratio< Req E to HReq J >

Name: Presented here are summarized data from the balance sheets and Income
Uploaded: 2022-11-22T13:58:24.000Z
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Description: Presented here are summarized data from the balance sheets and Income statements of Wiper Inc.:WIPER INC.Condensed Balance SheetsDecember 31, 2020, 2019, 2018(in millions)2019$9002,050$2,95020187002020Current assetsother assets$ 6502,750$3,4001,750T

Debt ratio = total liabilities/total assets Debt equity ratio = total liabilities/total equity 2020 2019 1 Current liabilities 500 800 2 Long term liabilities 1500 1000 3 = 1+2 Total liabilities 2000 1800 4 Total assets 3400 2950 5 = 3/4 Debt ratio 58.8% 61.0% 2020 2019 1 Current liabilities 500 800 2 Long term liabilities 1500 1000 3 = 1+2 Total liabilities 2000 1800 4 Total equity 1400 1150 5 = 3/4 Debt equity ratio 143% 157%

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Essentials Of Investments

11th Edition

ISBN:9781260013924

Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.

Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.

Chapter1: Investments: Background And Issues

Section: Chapter Questions

Problem 1PS

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The following selected information (in thousands) is available for Granger Limited: Total assets Type here to Total liabilities Interest expense Income tax expense Net income Cash provided by operating activities Net capital expenditures Dwidends paid or common shares E 2021 $3,909 2.155 16 176 407 845 402 110 2020 $3,668 1.942 23 151 379 576 300 90
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Required information [The following information applies to the questions displayed below.] The balance sheets for Sports Unlimited for 2024 and 2023 are provided below. 2. Prepare a horizontal analysis of Sports Unlimited's 2024 balance sheet using 2023 as the base year. (Values to be deducted and decreases should be indicated by a minus sign. Round your percentage answers to 1 decimal place.) Assets Current assets: Cash Accounts receivable Inventory Prepaid rent Long-term assets: Investment in bonds Land Equipment Less: Accumulated depreciation Total assets Liabilities and Stockholders' Equity Current liabilities: Accounts payable Interest payable Income tax payable Long-term liabilities: Notes payable Stockholders' equity: Common stock Retained earnings Total liabilities and stockholders' equity SPORTS UNLIMITED Balance Sheets For the Years Ended December 31 Year $ $ $ $ 2024 211,500 $ 140,800 99,900 50,400 82,800 154,400 28,800 14,400 108,900 238,500 206,100 (76,500) 900,000 $…
Jason Hilton, M.D., reported the following unadjusted trial balance as of September 30, 2025: View the trial balance. Calculate the debt ratio for Jason Hilton, M.D. Select the debt ratio formula on the first line and then calculate the ratio. (Round the percentage to the nearest whole percent.) Average total assets Average total equity Average total liabilities Net income Total assets + Total equity Total liabilities = Debt ratio % Trial Balance Account Title Cash Jason Hilton, M.D. Unadjusted Trial Balance September 30, 2025 Accounts Receivable Supplies Land Building Office Equipment Accounts Payable Utilities Payable Unearned Revenue Notes Payable Common Stock Dividends Service Revenue Salaries Expense Utilities Expense Advertising Expense Total $ Debit Balance 39,000 7,300 2,900 28,000 100,000 25,000 56,000 23,400 800 300 282,700 $ Credit 2,400 1,100 8,666 95,000 130,000 45,534 282,700 I X
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The following investment account was taken from the general ledger of One Dream Investment Company: Debt Investments - Fulfilled Dream 6% bonds (2,000,000 face value, due December 31, 2027) Date PR Debit Credit Balance January 2, 2022 VR P1,812,300 P1,812,300 June 30, 2022 CRJ 60,000 1,752,300 Dec. 31, 2022 CRJ 60,000 1,692,300 Dec. 31, 2022 195,000 1,497,300 In the course of your examination, you obtained the following information: Interest checks were received on June 30 and December 31 and were credited to the investment account. One dream sold P200,000 of its investment on December 31, 2022 for P195,000. Effective interest rate on this investment, as computed by your audit staff, is 8%. One Dream included this investment in a portfolio that is held to collect and for sale. The fair value at December 31, 2022 and 2023 is 97.5 and 105, respectively. Question 1: The entry to correct the interest income for 2022…
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