6 Exercise 13-11 Profitability analysis LO P3 Simon Company's year-end balance sheets follow 31,100 34,0 37,50 Accounts receivable, net Herchandise inventory Prepaid expenses Plant assets,net 28,41683,100 55,90 ,2418,9634,24 392 0432562365 554,000 5449,000 5 390, abities and Equity Accounts payable Long-term nates payable secured by 135,580 5 75,104 4,93 03,332 98,36486,190 eortgages on plant assets Commen steck, 510 par value Retalned earnings Total Habliitles and equity 554,000 540,00 5 39,000 The company's income statements for the years ended December 31, 2017 and 206, follow For Year Ended Decenber 0 6 The company's income statements for the years ended December 31, 2017 and 2016, follow 715,888 523,608 Sales Cost of goods sold Other operating expenses Interest expense Incose taxes Total costs and expenses Net incone 436,150 221,650 12,155 340, 340 132,471 12,843 5,75 5 2,20 492 788 5 30,892 S 1.see Earnings per share Additional information about the company follows 29.00 27.90 Conmon stock market price, December 31, 217 Comson stock market price, Annual cash dividends per share in 2017 Annual cash dividends per share in 2016 December 31216 To help evaluate the company's profitability,compute the following ratios for 2017 and 2016 1. Return on common stockholders' equity 2. Price-eamings ratio on December 31 3. Dividend yield Prey 6of'6 Next F10 P 12 F7 0 Complete this question by entering your answers in the tabs below. Required 1 Required 2Required 3 Compute the dividend yield for each year. (Round your answers to 2 decimal places.) Choose Denominator Dividend yield 2017 01% 2016 01% Required 2 Prey 6of6 Next acer FS F6 F8 F10 F11 12 0