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How do I do this? Required information (The following information applies to the questions displayed below.] Simon Company's year-end balance sheets follow. Current Year 1

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Required information (The following information applies to the questions displayed below.] Simon Company's year-end balance sheets follow. Current Year 1 Year Ago 2 Years Ago 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 $ 34, 317 96,507 126, 292 11, 051 307,720 $ 575, 887 $ 39, 716 70, 894 90, 007 10,738 285, 099 $ 496, 454 $ 40,154 53,539 58,171 4,551 249, 185 $ 405,600 $ 146, 264 110, 432 162,500 156, 691 $ 575,887 $ 82, 223 113, 043 163,500 137, 688 $ 496, 454 $ 52,468 90,534 163,500 99,098 $ 405, 600 For both the current year and one year ago, compute the following ratios: The company's income statements for the Current Year and 1 Year Ago, follow. For Year Ended December 31 Sales Cost of goods sold Other operating expenses Interest expense Income tax expense Total costs and expenses Net income Earnings per share Current Year $ 748, 653 $ 456, 678 232, 082 12,727 9,732 711, 219 $ 37, 434 1 Year Ago $ 590,780 $ 384,007 149,467 13,588 8,862 555, 924 $ 34,856 $ 2.30 $ 2.14 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 $ 34.00 32.00 0.26 0.13 For both the current year and one year ago, compute the following ratios: 1. Return on equity. 2. Dividend yield. Earnings per share $ 2.30 $ 2.14 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 $ 34.00 32.00 0.26 0.13 For both the current year and one year ago, compute the following ratios: 1. Return on equity. 2. Dividend yield. 3a. Price-earnings ratio on December 31. 3b. Assuming Simon's competitor has a price-earnings ratio of 8, which company has higher market expectations for future growth

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