Cash Accounts receivable, net Merchandise inventory Prepaid expenses $ 31,900 34,900 $ 36,500 62,900 56,300 107,25884,300 55,480 3,630 316,486 238,870 178,170 $555,000 $430,000 $330,000 88,600 10,756 9,030 Total assets Liabilities and Equity Accounts payable Long-term notes payable secured by ok 1 $138,195 $72,670 43,560 mortgages on plant assets Common stock, $10 par value Retained earnings Total liabilities and equity 70,742 162,500162,500 162,500 151,008 93.952 53,198 $555,000 $430,000 $330,000 103,297 100,878 9 The company's income statements for the years ended December 31, 2017 and 2016, follow 7 2017 2016 or Year Ended December 31 Sales Cost of goods sold Other operating expenses Interest expense Income taxes $721,500 s 511,700 $440,115 223,665 12,266 9 380 $ 332,605 129,460 11,769 7,676 2 481,510 s 30,190 S1.86 685,426 s 36,074 52.22 Total costs and expenses Earnings pen share Additional information about the company follows. s 29.00 27.00 0.26 0.13 n stock market price, December 31, 2017 Common stock market price, December 31, 2016 Annual cash dividends per share in 2017 Annual cash dividends per share in 2016 To help evaluate the company's profitability, compute the following ratios for 2017 and 2016: 1. Return on common stockholders' equity. 2. Price-earnings ratio on December 31. 3. Dividend yield. Complete this question by entering your answers in the tabs below. Required 1Required 2 Required 3 Compute the dividend yield for each year. (Round your answers to 2 decimal places.) Dividend Yield Choose Denominator: Choose Numerator Dividend Yield -Dividend yield Compute the return on common stockholders' equity for each year. Return On Common Stockholders' Equity Choose Numerator Choose Denominator. Stckholdery Average common l choose Denominator:-: ReturnOn Common Stockholders' Equity Return on c stockholders equity referred dividends Net income dividends stockholders equity 201 201 Required 2> Compute the price-earnings ratio for each year. (Round your answers to 2 decimal places.) PriceEarnings Ratio I Choose Denominator arnings Ratio Choose Numerator: Pric Price-earnings ratio 2017 2016 Required 1 Required 3> tering your answers in the tabs below. Required 1Required 2 Reqyired 3 Compute the dividend yield for each year. (Round your answers to 2 decimal places.) Dividend Yield I Choose Denominator: Dividend Yield Choose Numerator: yield 01% 01% 2017 2016 K Required 2