Additional information about the company follows. Coemon stock aarket price, Decenber 31, Current Year Comon stock market price, Decenber 31, 1 Year Ago Annual cash dividends per share in Current Year Annual cash dividends per share 1 Year Ago For both the curtent year and one year ago, compute the following ratos: 1. Return on common stockholders' equity: 2. Dividend yield 3. Price-eamings ratio on December 31 . 3a. Assuming Simon's competitor has a price-earnings tatio of 7, which company has higher market expectations for future growt?? Complete this question by entering vour answers in the tabs below. Compute the return on common stockholders' equity for each, year. Retauned earnungs Total liabilities and equity The company's income statements for the Current Year and 1 Year Ago, follow. For Year Ended Decenber 31 Sates Cost of goods sold other operating expenses Interest expense Income tax expense Total costs and expenses* Net income Earnings per share Current Year Year5773,5001YearAgo$565,250 5 471,835 239,785 13,150 10,856 734,826$38,674$2.38 s 367,413 143,008 13,001 8,479 531,901$33,349$2,05 Additional information about the company follows. Common stock narket 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 I Year Ago \$ 32.00 30.00 0.26 0.13 For both the current year and one year ago, compute the following ratios: 1. Return on common stockholders' equity. 2. Dividend yield. 3. Price-eamings ratio on December 31. 3a. Assuming Simon's competitor has a price-earnings ratio of 7 , which company has higher market expectations for future growth? Complete this question by entering your answers in the tabs below. Assuming Simon's competitor has a price-eamings ratio of 7, which company has higher market expectations for future growth? Which company has higher markat expectations for Ature growth? Exercise 13-12 (Algo) Analyzing profitability LO P3 Simon Company's year-end balance sheets follow. The company's income statements for the Curtent Year and 1 Year Ago, follow. Additional information about the company follows. Comeon stock narket price, Decenber 31, Current Year Common stock market price, Decenber 31, 1 Year Mgo Annual cash dividends per'share in Current Year Annuat cash dividends per share 1 Year Ago \$. 32.60 3a.00 e.26 For both the current year and one year ago, compute the following ratios: 1. Return on common stockholders' equity. 2. Dividend yleld. 3. Price-eamings ratio on December 31 . 3a. Assuming Simon's corspettor has a price-earnings ratio of 7 . Which company has higher jnarket expectatians for future growh? Complete this question by entering your answers in the tabs below. Maquired 3 mequired 3. 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 Additional information about the company follows. Comnon stock market price, December 31, Current Year Cominon stock market price, December 31, 1 Year Ago Annual cash dividends per share in Currnt Year Annual cash dividends per share 1 Year Ago $32.00 30.00 0.26 0.13 For both the current year and one year ago, compute the following ratios: 1. Return on common stockholders' equity. 2. Dividend yield. 3. Price-earnings ratio on December 31 . 3a. Assuming Simon's competitor has a price-earnings ratio of 7. which company has higher market expectations for future growth? Complete this question by entering your answers in the tabs below. Compute the price-earnings ratio for each year. Note: Round your answers to 2 decimal places. Additional information about the company follows. Conmon stock market price, December 31, Current Year Coemon stock market price, December 31, 1 Year Ago Annual cash dividends per share in Current Year Annual cash dividends per share 1 Year Ago 53.00 30.00 0.26 6.13 For both the current year and one year ago, compute the following ratios: 1. Return on common stockholders' equity. 2. Dividend yield. 3. Price-earnings ratio on December 31. 3a. Assuming Simon's competitor has a price-earnings ratio of 7 , which company has higher market expectations for future growh? 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
