$689,000 $529,550 For Year Ended December 31 Sales Cost of goods sold Other operating expenses Interest expense Income taxes Total costs and expenses Net Income $420,290 213.599 11,713 8,957 $144,25 133,976 12,119 7,983 654,550 $ 34,450 Earnings per Share | Additional information about the company follows. Common stock warket price, December 31, 2017 Common stock market price, December 31, 2016 Annual cash dividends per share in 2017 Annual cash dividends per share in 2016 To help evaluate the company's profitability, compute the following ratios for 2017 and 2016 1. Return on common stockholders' equity 2. Price-earnings ratio on December 31 3. Dividend yield Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Compute the return on common stockholders' equity for each year. Choose Numerator: - Preferred dividends Return On Common Stockholders' Equity Choose Denominator: Average common stockholders' equity Return On Common Stockholders' Equity Return on common stockholders' equity Net income 2017 2015 Required 2 > $689, 009 $ 529,5se For Year Ended December 31 Sales Cost of goods sold Other operating expenses Interest expense Income taxes Total costs and expenses Net income Earnings per share $420,290 213,590 11.713 8,957 $344,283 133,976 12.189 7.943 654,550 $34,450 $ 498, 307 31,243 1.92 Additional information about the company follows. $ 33. Common stock market price, December 31, 2017 Common stock market price, December 31, 2016 Annual cash dividends per share in 2017 Annual cash dividends per share in 2016 0.29 To help evaluate the company's profitability, compute the following ratios for 2017 and 2016: 1. Return on common stockholders' equity. 2. Price-earnings ratio on December 31 3. Dividend yield. the tabs below Complete this question by entering your answers Required 1 Required 2 Required 3 Compute the price-earnings ratio for each year. (Round your answers to 2 decimal places) Price Earnings Ratio Choose Denominator: Choose Numerator: - = Price Earnings Ratio Price earnings ratio 2017 2016 Required 3 >