For Year Ended December 31 Sales Cost of goods sold Interest expense $471,835 Other operating expenses Income tax expense 239,785 13,150 10,056 Total costs and expenses 734,826 Net income Earnings per share $ 38,674 Current Yr $773,500 1 Yr Ago $348,075 135,482 12,317 8,033 $535,500 503,907 $ 31,593 $ 2.38 $ 1.94 Additional information about the company follows. Common stock market price, December 31, Current $32.00 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 0.34 0.17 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 7, 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 return on common stockholders' equity for each year. Return On Common Stockholders' Equity Choose Numerator: / Choose Denominator: Net income -Preferred dividends Average common stockholders' equity Current Year: / 1 Year Ago: < Required 1 Required 2 > = Return On Con Stockholders' Return on com stockholders'