Exercise 13-11 Profitability analysis LO P3 Simon Companys year-end balance sheets follow. At December 31 2016 2015 2014 Assets Cash $ 31,300 $ 34,900 $ 38,000 Accounts receivable, net 89,900 62,500 52,900 Merchandise inventory 2,646 83,400 55,000 Prepaid expenses 11,418 10,175 3,342 Plant assets, net 459,736 284,025 160,758 Total assets $ 595,000 $ 475,000 $ 310,000 Liabilities and Equity Accounts payable $ 151,118 $ 79,472 $ 40,920 Long-term notes payable secured by mortgages on plant assets 112,979 108,157 67,140 Common stock, $10 par value 162,500 162,500 162,500 Retained earnings 168,403 124,871 39,440 Total liabilities and equity $ 595,000 $ 475,000 $ 310,000 The companys income statements for the years ended December 31, 2016 and 2015, follow. For Year Ended December 31 2016 2015 Sales $ 773,500 $ 565,250 Cost of goods sold $ 471,835 $ 367,413 Other operating expenses 239,785 143,008 Interest expense 13,150 13,001 Income taxes 10,056 8,479 Total costs and expenses 734,826 531,901 Net income $ 38,674 $ 33,349 Earnings per share $ 2.38 $ 2.05 Additional information about the company follows. Common stock market price, December 31, 2016 $ 32.00 Common stock market price, December 31, 2015 30.00 Annual cash dividends per share in 2016 0.26 Annual cash dividends per share in 2015 0.13 To help evaluate the company's profitability, compute the following ratios for 2016 and 2015: (1) Return on common stockholders' equity. (2) Price-earnings ratio on December 31. (Round your answers to 2 decimal places.) (3) Dividend yield. (Round your answers to 2 decimal places.)