Current Yr1 Yr Ago 2 Yrs Ago Simon Company's year-end balance sheets follow. 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 Common stock, $10 par value Retained earnings Total liabilities and equity $ 31,800 $ 35,625 $ 37,800 89,500 62,500 50,200 112,500 82,500 54,000 10,700 9,375 5,000 278,500 255,000 230,500 $523,000 $445,000 $377,500 $129,900 $ 75,250 $ 51,250 98,500 101,500 83,500 163,500 163,500 163,500 131,100 104,750 79,250 $523,000 $445,000 $377,500 The company's income statements for the current year and 1 year ago, follow. For Year Ended December 31 Current Yr 1 Yr Ago Sales $673,500 $532,000 Cost of goods sold $411,225 $345,500 Other operating expenses 209,550 134,980 Interest expense 12,100 13,300 Income tax expense 9,525 8,845 Total costs and expenses 642,400 502,625 Net income $ 31, 100 $ 29,375 Earnings per share 1.90 $ 1.89 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 1 Year Ago $30.00 28.00 0.29 0.24 Additional information about the company follows. Common stock market price, December 31, Current Year Cotton stock market price, December 31, 1 Year Ago Annual cash dividends per share in Current Year Annual cash dividends per share 1 Year Ago $30.00 28.00 0.29 0.24 For both the current year and one year ago, compute the following ratios: 1. Return on common stockholders' equity, 2. Dividend yield 3. Price earnings ratio on December 31. 30. Assuming Simon's competitor has a price-earnings ratio of 10, which company has higher market expectations for future growth? Complete this question by entering your answers in the tabs below. 5 Required 1 Required 2 Required 3 Required Ja 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 1 Current Year % 1 Year Ago 1 % Required 2 > 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 1 Year Ago $30.00 28.00 0.29 0.24 For both the current year and one year ago, compute the following ratlos: 1. Return on common stockholders' equity. 2. Dividend yield 3. Price earnings ratio on December 31 3a. Assuming Simon's competitor hos a price-earnings ratio of 10, which company has higher market expectations for future growth? Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 3a Compute the dividend yield for each year. (Round your answers to 2 decimal places.) Dividend Yield Choose Numerator: 1 Choose Denominator: 1 1 Dividend Ylold Dividend yield % Current Year: 1 Year Ago: Required 1 Required 3 > 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 1 Year Ago $30.00 28.00 0.29 0.24 For both the current year and one year ago, compute the following ratios: 1. Return on common stockholders' equity. 2. Dividend yield 3. Price earnings ratio on December 31. 3a. Assuming Simon's competitor has a price-earnings ratio of 10, which company has higher market expectations for future growth? Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 30 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 1 Current Year: 1 Year Ago: