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1. Return on equity. 2. Dividend yield. 3a. Price-earnings ratio on December 31. 3b. Assuming Simon's competitor has a price-earnings ratio of 10 , which
1. Return on equity. 2. Dividend yield. 3a. Price-earnings ratio on December 31. 3b. Assuming Simon's competitor has a price-earnings ratio of 10 , which company has higher market expectations for future growth? Complete this question by entering your answers in the tabs below. Compute the dividend yield for each year. Note: Round your answers to 2 decimal places. Additional information about the company follows. Common stock market price, December 31, Current Year $30.00 Common stock market price, December 31, 1 Year Ago 28.00 Annual cash dividends per share in Current Year 0.29 Annual cash dividends per share 1 Year Ago 0.24 For both the current year and one year ago, compute the following ratios: 1. Return on equity. 2. Dividend yield. 3a. Price-earnings ratio on December 31. 3b. Assuming Simon's competitor has a price-earnings ratio of 10, which company has higher market expectations for future growth? Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3A Required 3B Compute the return on equity for each year. [The following information applies to the questions displayed below.] Simon Company's year-end balance sheets follow. For both the current year and one year ago, compute the following ratios: The company's income statements for the current year and 1 year ago, follow. Additional information about the company follows. Common stock market price, December 31, Current Year $30.00 Common stock market price, December 31, 1 Year Ago 28.00 Annual cash dividends per share in Current Year 0.29 Annual cash dividends per share 1 Year Ago 0.24 Eor both the current year and one year ago, compute the following ratios
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