omework Saved Simon Company's year-end balance sheets follow. 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 secured by mortgages on plant assets Common stock, $10 par value Retained earnings Total liabilities and equity 2017 2016 2015 $ 31,300 $ 34,900 $ 36,200 89,200 62,100 57,400 89, 713 84,000 56,400 10,874 10,175 3,889 368,913 283,825 196,111 $590,000 $475,000 $350,000 $ 151,317 $ 78,670 $ 45,738 109,811 108,157 78,897 162,500 162,500 162,500 166,372 125,673 62,865 $590,000 $475,000 $350,000 The company's income statements for the years ended December 31, 2017 and 2016, follow. For Year Ended December 31 Sales Cost of goods sold Other operating expenses Interest expense Income taxes Total costs and expenses Net income Earnings per share 2017 $ 767,000 $ 467,870 237,770 13,039 9.921 728,650 $ 38,350 2.36 2016 $ 565,250 $367,413 143,008 13,001 8,479 531,901 $ 33, 349 $ 2.05 45 Additional information about the company follows. Common stock market price, December 31, 2017 Common stock market price, December 31, 2016 Annual cash dividends per share in 2017 Annual cash dividends per share in 2016 $32.00 30.00 0.30 0.15 Additional information about the company follows. $32.00 Common stock market price, December 31, 2017 Common stock market price, December 31, 2016 Annual cash dividends per share in 2017 Annual cash dividends per share in 2016 30.00 0.30 0.15 To help evaluate the company's profitability, compute the following ratios for 2017 and 2016: 1. Return on common stockholders' equity. 2. Price-earnings ratio on December 31. 3. Dividend yield. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Compute the return on common stockholders' equity for each year. Return On Common Stockholders' Equity Choose Numerator: 1 Choose Denominator: - Return On Common Stockholders' Equity Return on common stockholders' equity % 2017 2016 %