4. At December 31 Assets Cash Accounts receivable, net Merchandise inventory Prepaid expenses Current Yr 1 Yr Ago 2 Yrs Ago $ 31,300 $ 34,000 $ 36,400 88,900 69,215 10,157 62,900 59,600 82,200 54,400 9,545 3,300 Plant assets, net bok Total assets Liabilities and Equity 340,428 261,355 146,300 $540,000 $450,000 $300,000 E nt E Int ences Accounts payable Long-term notes payable secured by mortgages on plant assets Common stock, $10 par value Retained earnings Total liabilities and equity $137,149 $ 75,289 $ 39,600 99,490 105,570 66,963 162,500 162,500 162,500 140,861 $540,000 $450,000 $300,000 106,641 30,937 The company's income statements for the Current Year and 1 Year Ago, follow. For Year Ended December 31 Sales Current Yr $702,000 1 Yr Ago $535,500 Cost of goods sold $428,220 Other operating expenses 217,620 Interest expense 11,934 Income tax expense 9,126 Total costs and expenses Net income Earnings per share $348,075 135,482 12,317 8,033 666,900 $ 35,100 503,907 $ 31,593 $ 2.16 $ 1.94 Additional information about the company follows. Common stock market price, December 31, Current Year Common stock market price, December 31, 1 Year Ago Annual cash dividends per share in Current Year Annual cash dividends per share 1 Year Ago $32.00 30.00 0.26 0.13 For both the Current Year and 1 Year Ago, compute the following ratios: 1. Return on common stockholders' equity. 2. Price-earnings ratio on December 31. 2a. Assuming Simon's competitor has a price-earnings ratio of 8, which company has higher ma growth? 3. Dividend yield. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 2a Required 3 Compute the return on common stockholders' equity for each vear. 4. Price-earnings rauo on December 31 Check my w 2a. Assuming Simon's competitor has a price-earnings ratio of 8, which company has higher market expectations for future growth? 3. Dividend yield. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 2a Required 3 Compute the price-earnings ratio for each year. (Round your answers to 2 decimal places.) Current Year: 1 Year Ago: Choose Numerator: Price-Earnings Ratio Choose Denominator: Price-Earnings Ratio = Price-earnings ratio = 0 = 0 1. Return on common stockholders' equity. 2. Price-earnings ratio on December 31. 2a. Assuming Simon's competitor has a price-earnings ratio of 8, which company has higher market expectati growth? 3. Dividend yield. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 2a Required 3 Compute the dividend yield for each year. (Round your answers to 2 decimal places.) Current Year: 1 Year Ago Choose Numerator: Dividend Yield / Choose Denominator: = Dividend Yield Dividend yield = 0% = 0%