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 secured by mortgages on plant assets Common stock, $10 par value Retained earnings Total liabilities and equity $ 31,400 $ 34,200 $ 36,100 88,200 62,200 52,400 180 84,500 57,000 10,628 8,836 4,419 434,592 235, 264 240,081 $565,000 $425,000 $ 390,000 $ 144,906 $ 70,389 $ 52,510 107,282 96,772 85,328 162,500 162,500 162,500 150,312 95,339 89,662 $565,000 $425,000 $ 390,000 N The company's income statements for the Current Year and 1 Year Ago, follow. 1 Yr Ago $ 505,750 For Year Ended December 31 Sales Cost of goods sold Other operating expenses Interest expense Income tax expense Total costs and expenses Net income Current Yr $734,500 $448,045 227,695 12,487 9,549 697,776 $36,724 $ 2.26 $328,738 127,955 11,632 7586 475,911 $ 29,839 Earnings per share $ 1.84 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 Year Age 5.31.00 29.00 9.20 8.10 For both the Current Year and 1 Year Ago compute the following ratios 1. Return on common stockholders' equity 2. Price earnings ratio on December 31 20. Assuming Simon's competitor has a price earnings ratio of 6, which company has lagher market expectations for future growth? 3. Dividend yield - ces Calatherinnuna. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 2a Required 3 Compute the return on common stockholders' equity for each year. Retum On Common Stockholders' Equity Choose Numerator: Choose Denominator: Return On Common Stockholders' Equity Return on common stockholders' equity Current Year: 1 Year Ago: LI Bosne Required 2 > 3. Dividend yield. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 2a 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 1 ces Current Year: 1 Year Ago: = ok Complete this question by entering your answers in the tabs below. ht mnt Required 1 Required 2 Required 2a Required 3 ences Compute the dividend yield for each year. (Round your answers to 2 decimal places.) Dividend Yield 1 Choose Denominator: Choose Numerator: + Dividend Yield Dividend yield 0 % 1 Current Year: 1 Year Ago 019