9 Part 6 of 6 25 points eBook Hot Print References Required information [The following information applies to the questions displayed below] Simon Company's year-end balance sheets follow. At December 31 Assets Cash Accounts receivable, net Merchandise inventory Plant assets, net Prepaid expenses Total assets Current Year 1 Year Ago 2 Years Ago $31,800 89,500 $ 35,625 $ 37,800 62,500 50,200 112,500 82,508 54,000 10,700 278,500 9,375 5,000 $ 523,000 255,000 $445,000 230,500 $377,500 $ 129,900 $75,250 $51,250 Long-term notes payable 98,500 101,500) 83,500 Common stock, $10 par value 163,500 163,500 163,500 Retained earnings 131,100 104,750 79,250 Total liabilities and equity $ 523,000 $445,000 $377,500 Liabilities and Equity. Accounts payable 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. 9 Part 6 of 6 2.5 points The company's income statements for the current year and 1 year ago, follow. For Year Ended December 31 Sales Cost of goods sold Other operating expenses Interest expense Income tax expense Total costs and expenses Net income Earnings per share Current Year 1 Year Ago $532,000 $ 673,500 $ 411,225 209,550 12,100 9,525 $ 345,500 134,980 13,300 8,845 642,400 5 31,100 502,625 $29,375 $ 1.90 $1.80 ellook Hint Additional information about the company follows. Print References 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 $ 30.00 28.00 0.29 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 fu growth? Part 6 of 6 25 points Required information 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? eflook H Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3A Required 38 Compute the return on equity for each year. Current Year 1 Year Ago Numerator Return On Equity Denominator Return On Equity Retum on equity % 9 Part 6 of 6 2.5 points Required information 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? Book Hint Complete this question by entering your answers in the tabs below. Print References Required 1 Required 2 Required 3A Required 38 Compute the dividend yield for each year. (Round your answers to 2 decimal places.) Current Year: 1 Year Ago: Dividend Yield Numerator Denominator: Dividend Yield Dividend yield " 16 % Required 1 Required 3A > Required information. Part 6 of 6 1. Return on equity. Check my work 25 points 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. Mad Wind Required 1 Required 2 Required 3A Required 38 References Compute the price-earnings ratio for each year. (Round your answers to 2 decimal places.) Current Year: 1 Year Ago: Price-Earnings Ration Numerator: Denominator Price-Earnings Ratio Price-earnings ratio 9 Required information Part of 1. Return on equity 25 2. Dividend yield. 3a. Price-earnings ratio on December 31 36. Assuming Simon's competitor has a price-eamings ratio of 10, which company has higher market expectations for future growth? Complete this question by entering your answers in the tabs below. Requered 1 Required 2 Required 34 Required 36 Assuming Simon's competitor has a price-earnings ratio of 10, which company has higher market expectations for future growth? Which company has higher market expectations for future growth Required SA