At December 31 Current Yr 1 Yr Ago 2 Yrs Ago Assets Cash Accounts receivable, net Merchandise inventory Prepaid expenses Plant assets, net Total assets Liabilities and Equity Accounts payable Long-term notes payable Common stock, $10 par value Retained earnings Total liabilities and equity $ 31,100 $ 34,700 $ 36,000 88,300 63,300 55,500 40,998 82,100 52,900 10,735 10,290 4,151 393,867 299,610 221,449 $565,000 $490,000 $370,000 $143,499 $ 81,154 $ 48,840 105,158 110,446 82,588 162,500 162,500 162,500 153,843 135,900 76,072 $565,000 $490,000 $370,000 The company's income statements for the Current Year and 1 Year Ago, follow. For Year Ended December 31 Current Yr 1 Yr Ago Sales $734,500 $ 583,100 Cost of goods sold $448,045 $379,015 Other operating expenses 227,695 147,524 Interest expense 12,487 13,411 Income tax expense 9,549 8.742 Total costs and expenses 697,776 548,697 Net income $ 36,724 $ 34,403 Earnings per share $ 2.26 $ 2.12 Additional information about the company follows. 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 $32.00 30.00 0.20 0.10 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 8, which company has higher marke