How do I calculate?
Simon Company's year-end balance sheets follow. At December 31 myrrent 1 Yr Ago 2 Yrs Ago Assets Cash .5: 31,000 $ 34,200 $ 37,200 Accounts receivable, net 39,500 63,100 55,100 Merchandise inventory 12,245 34,000 52,400 Prepaid expenses 10,271 9,555 4,096 Plant assets, net 336,994 263,545 231,204 Total assets $530,000 $455,000 $330,000 Liabilities and Equity Accounts payable $133,290 $ 76,126 $ 50,662 Long-term notes payable secured by mortgages on plant assets 100,636 106,?43 35,660 Common stock, $10 par value 162,500 162,500 162,500 Retained earnings 133,534 109,631 31,1?3 Total liabilities and equity $530,000 $455,000 $330,000 The company's income statements for the Current Year and 1 Year Ago. follow. For Year Ended December 31 Current Yr 1 22 Age Sales $639,000 $541,450 Cost of goods sold $420,290 $351,943 Other operating expenses 213,590 136,937 Interest expense 11,?13 12,453 Income tax expense 3,957 3,122 Total costs and expenses 654,550 509,505 Net income 3 34,450 $ 31,945 Earnings per share $ 2.12 $ 1.9? Additional information about the company follows. Common stock market price, December 31, Current $30.00 Year Common stock market price, December 31, 1 Year Ago 23.00 Annual cash dividends per share in Current Year 0.23 Annual cash dividends per share 1 Year Ago 0.14 For both the Current Year and 1Year Ago, compute the following ratios: 1. Return on common stockholders' equity. 2. Price-earnings ratio on December 31. 23. Assuming Simon's competitor has a price-earnings ratio of T", which company has higher market expectations for future growth? 3. Dividend yield. Complete thls question by entierlng your smers In the tabs below. Required 1 Required 2 Required 2.! Required 3 Compute the retain-I on common stockholders' equity for each year. Return on common stockholders' equity __I_I __I_I __I_I 9's Complete this question by entering your amen In the tab below. Required 2 Required 2a Compute the price-earnlngs ratio for each year. (Round your answers to 2 decimal places.) Current Year: I_ I 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.) Dividend Yield Choose Numerator: / Choose Denominator: Dividend Yield Dividend yield Current Year: 0 % 1 Year Ago 0 %