Current Yr 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 $ 35,000 $ 37,700 88,200 63,80051,800 31,018 84,100 59,700 9,875 9,639 4,029 364,707 257,461 216,771 $525,000 $450,000 $370,000 $133, 340 $ 76,050 $ 47,863 101,661 104,535 83,405 162,500 162,500 162,500 127,499 106,915 76,232 $525,000 $450,000 $370,000 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 Current Yr $682,500 $416,325 211,575 11,603 8,873 648,376 $ 34,124 $ 2.10 1 Yr Ago $ 535,500 $348, 075 135,482 12,317 8,033 503,907 $ 31,593 Earnings per share $ 1.94 Additional information about the company follows. $28.00 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 26.00 0.24 0.12 1. Return on common stockholders' equity 2. Price-earnings ratio on December 31. 2a. Assuming Simon's competitor has a price-earnings ratio of 7, 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 Net income Current Year: 1 Year Ago: Required 1 Required 2 Required 2a Required 3 Required 2 Compute the price-earnings ratio for each year. (Round your answers to 2 decimal places.) Price-Earnings Ratio 1 Choose Denominator: Choose Numerator: = = Price-Earnings Ratio Price-earnings ratio Current Year: 1 Year Ago: 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 Current Year: 1 Year Ago