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Note, I only need assistance with this chart. I have the rest of the problems done. Thank you! ! Required information [The following information applies

image text in transcribedimage text in transcribed\Note, I only need assistance with this chart. I have the rest of the problems done. Thank you!

! 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 $ 34,401 99,705 124,132 10,970 302,432 $ 571,640 $ 40, 606 70, 371 92,078 10, 142 279,596 $ 492,793 $ 40,261 53,681 57,748 4,342 242,668 $ 398,700 $ 145, 185 108,543 163,500 154,412 $ 571,640 $ 80,784 112,209 162,500 137,300 $ 492,793 $ 53,681 87,232 163,500 94,287 $ 398,700 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 $ 743,132 $ 453,311 230,371 12,633 9,661 705,976 $ 37, 156 $ 2.29 1 Year Ago $ 586,424 $ 381,176 148,365 13,488 8,796 551,825 $ 34,599 $ 2.13 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 6, which company has higher market expectations for future growth? Answer is complete but not entirely correct. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3A Required 3B Compute the return on equity for each year. Return On Equity Denominator: Numerator: Return On Equity Return on equity Preferred dividends 1 Net income $ 37,156 - $ 34,599- Current Year: 1 Year Ago: OOO (22.1) Average common stockholders' equity = $ 571,640 X = $ 492,793 X = % 163,500 1 49 X 1 7.0 %

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