Exercise 13-11 Profitability analysis LO P3 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 secured by 2016 2015 s 31,400 34,000 36,900 2017 88,30064,400 51,300 77,287 83,400 54,200 10,893 8,963 3,450 377,120 249 237 174, 150 $585,000 $440,000 $320,000 $148,578 75,104 41,818 mortgages on plant assets Common stock, $10 par value Retained earnings Total liabilities and equity 111,080 102,212 69,306 162,500 162,500 162,500 162,842 100,184 46,376 $585,000 $440,000 320,000 The company's income statements for the years ended December 31, 2017 and 2016, follow. For Year Ended December 31 Sales Cost of goods sold Other operating expenses Interest expense Income taxes Total costs and expenses Net income 2017 2016 $760,500 523,600 $463,905 235,755 12,929 9,887 $340,340 132,471 12,043 ,854 492,708 30, 892 $1.90 r0s 722-476 S 38,024 Earnings per share $2.34 32-00 1. Return on common stockholders' equity 3. Dividend yield To help evaluate the company's profitability, compute the following ratios for 2017 and 2016 3. Dvidend yield by your