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 $ 31,000 $ 34,700 $ 37,100 88,200 63,700 51,200 50,329 82,900 59,700 11,742 9,660 4,151 418,729 269,040 217,849 $600,000 $460,000 $370,000 $146,412 $ 76,185 $ 47,375 112,800 108,974 83,405 162,500 162,500 162,500 178,288 112,341 76, 720 $600,000 $460,000 $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 Earnings per share Current Yr $780,000 $475, 800 241,800 13,260 10,140 741,000 $ 39,000 1 Yr Ago $ 547, 400 $355,810 138, 492 12,590 8,211 515, 103 $ 32,297 $ 2.40 $ 1.99 Additional information about the company follows. $33.00 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 31.00 0.36 0.18 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 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 20 Required 3 Compute the return on common stockholders' equity for each year. Net income Return On Common Stockholders' Equity Choose Numerator: Choose Denominator: 'Average common Preferred dividends stockholders' equily ol / Return On Common Stockholders' Equity Return on common stockholders' equity ol 0 % Current Year: 1 Year Ago: Recured Required 2 > hy 18 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 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 20 Required 3 Compute the price-earnings ratio for each year. (Round your answers to 2 decimal places.) Price Earnings Ratio Choose Numerator: Choose Denominatori Price-Earnings Ratio 1 Price-camins ratio Current Year: 1 0 1 Year Ago: 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 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 dividend yield for each year. (Round your answers to 2 decimal places.) Choose Numerator Dividend Yield Choose Denominator 1 Dividend Yield Dividend yield 0% 0 % Current Year: 1 Year Ago 4