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Additional information about the company follows. Common stock market price, December 31, Current Year $30.00 Common stock market price, December 31, 1 Year Ago 28.00
Additional information about the company follows. Common stock market price, December 31, Current Year $30.00 Common stock market price, December 31, 1 Year Ago 28.00 AnnualcashdividendspershareinCurrentYear0.29 Annual cash dividends per share 1 Year Ago 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 future growth? Answer is complete but not entirely correct. Complete this question by entering your answers in the tabs below. Compute the return on equity for each year
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