LUCE At December 31 1 Yr Ago 2 Yrs Ago Yr 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 mortgages on plant assets Common stock, $10 par value Retained earnings Total liabilities and equity $ 31,200 $ 34,200 $ 36,600 88,400 63,800 58,900 11,403 83,300 58,700 10,555 9,878 4, 180 408, 442 288,822 221, 620 $550,000 $480,000 $ 380,000 $135,589 $ 80,309$ 51,665 106,502 111,504 84,820 162,500 162,500 162,500 145,418 125,687 81,015 $ 550,000 $480,000 $ 380,000 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 Yr $715,000 $436,150 221,650 12, 155 9.295 679 250 $ 35,750 $ 2020 1 Yr Ago $ 571,200 $371 280 144)514 13138 & 568 537500 33700 $ 27 Aaditional 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 $39.00 31.00 0.3 0.19 For both the Current Year and 1 Year Ago compute the following ratios. 1. Return on common stockholders' equity 2 Price earnings ratio on December 31 20. Assuming Simon's competitor has a price-earnings ratio of 2 which company has higher market expectations for future growth? 3. Dividend yield Complete this question by entering your answers in the tabs below. Required Required 2 Required 2a Required 3 Compute the return on common stockholders' equity for each year Return On Common Stockholders' Emulty Choose Numerator Choose Denominator Return On Common Stockholders' Equity Return on common For both the Current Year and 1 Year Ago. compute the following ratios 1. Return on common stockholders' equity 2. Price-earnings ratio on December 31 20. Assuming Simon's competitor has a price-earnings ratio of 7. which company has higher market expectations for future growth? 3. Dividend yield Complete this question by entering your answers in the tabs below. Required Required 2 Required 2a Required Compute the return on common stockholders' equity for each year. Betu. On Common Stockholders Enully Choose Numerato Choose Denominator Return On Common Stockholders' Equity Return on common stockholders equity Current Year 1 Year Ago: Required 2 > For both the Current Year and 1 Year Ago, compute the following ratios: 1. Return on common stockholders' equity 2. Price-earnings ratio on December 31 20. Assuming Simon's competitor has a price-earnings ratio of 7, which company has higher market expectations 3. Dividend yield Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 2a Required 3 Assuming Simon's competitor has a price-earnings ratio of 7, which company has higher market expectations for futu growth? Which company has higher market expectations for future growth? For both the Current Year and 1 Year Ago, compute the following ratlos. 1. Return on common stockholders' equity 2. Price-earnings ratio on December 31 20. Assuming Simon's competitor has a price-earnings ratio of 7, which company has higher market expectations for future growth? 3. Dividend yield Complete this question by entering your answers in the tabs below. Required: Required 2 Required 2 Required 3 Compute the dividend yield for each year. (Round your answers to 2 decimal places) Dividend Yield Choose Numerator Choose Denominator Current Year: 1 Year Ago Dividend Yield Dividend yield % "
