Current 1 Yr Ago 2 Yrs Ago At December 31 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 $ 31,200 $ 34,100 $ 37,800 88,700 64,000 54,400 80,159 83,300 55,900 10,938 9,853 3,703 359,003 268, 747 188,197 $570,000 $460,000 $340,000 $144,769 $ 76,963 $ 45,778 109,303 103,684 75,891 162,500 162,500 162,500 153, 428 116,853 55,831 $570,000 $460,000 $340,000 The company's income statements for the Current Year and 1 Year Ago, follow. 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 Yr $ 741,000 $452,010 229,710 12,597 9,633 703,950 $ 37,050 1 Yr Ago $ 547, 400 $355,810 138, 492 12,590 8,211 515, 103 $ 32,297 $ 1.99 $ 2.28 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 0.34 0.17 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. 2a. Assuming Simon's competitor has a price-earnings ratio of 8, which company has higher market expectations for future growth? 3. Dividend yield. 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. Return On Common Stockholders' Equity Choose Numerator: Choose Denominator: Return On Common Stockholders' Equity Return on common stockholders' equity 0 % 0 % Current Year: 1 Year Ago: Required 1 Required 2 > 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 Current Year: 1 Year Ago: Required 1 Required 2a > Drou 17 Nout Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 2a Required 3 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 % Current Year: 1 Year Agor