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please answer and i will thumbs up ! Required information Use the following information for the Exercises below. (Algo) (The following information applies to the
please answer and i will thumbs up
! Required information Use the following information for the Exercises below. (Algo) (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 notos payable Common stock, $10 par value Retained earnings Total liabilities and equity $ 36,289 106, 207 127,053 11,228 322,229 $ 603,006 $ 42,418 74,232 99,054 10,916 293,213 $ 519,833 $ 42,886 55,500 60,910 4,718 260, 686 $ 424,700 $ 154, 653 113,365 163,500 171, 488 $ 603,006 $ 86,973 121,953 162,500 148,407 $ 519,833 $ 54,379 93,859 162,500 113, 962 $ 424,700 For both the current year and one year ago, compute the following ratlos: Exercise 13-11 (Algo) Analyzing profitability LO P3 Required information 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 Not income Earnings per share Current Year $ 783,908 478,184 243,011 13,326 10, 191 744, 712 $ 39,196 $ 2.41 1 Year ago $ 618,601 $ 402,091 156,506 14,228 9,279 582, 104 $ 36,497 $ 2.25 Additional information about the condpany follows. Common stock market price, December 31, Current Year $ 32.00 Common stock market price, December 31, 1 Year Ago 30.00 Annual cash dividenda per share in Current Year 0.24 Annual cash dividends per share 1 Year ago 0.12 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 7, which company has higher market expect Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3A Required 3B Required 1 Required 2 Required 3A Required 3B Compute the return on equity for each year. Batum On Equity Numerator: Denominator Return On Equity Return on equity Current Year: 1 Year Ago: % s Requins Required 2 > Required 1 Required 2 Required 3A Required 3B Compute the dividend yield for each year. (Round your answers to 2 decimal places.) Dividend Yield Numerator: Denominator: Dividend Yield Dividend yield % % Current Year: 1 1 Year Ago 1 Required 1 Required 2 Required 3A Required 38 Compute the price-earnings ratio for each year. (Round your answers to 2 decimal places.) Price Earnings Ratio Dnominator Numerator Price-Earnings Ratio Price earnings ratio - Current Year: 1 Year Ago: Step by Step Solution
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