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Profit margin ratio Total asset turnover Return on total assets Return on equity Dividend yield Price-earnings ratio on Dec. 31 sales uncollected [The following information
Profit margin ratio
Total asset turnover
Return on total assets
Return on equity
Dividend yield
Price-earnings ratio on Dec. 31
sales uncollected
[The following information applies to the questions displayed below.] 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 Common stock, $10 par value Retained earnings Total liabilities and equity Current Year 1 Year Ago 2 Years Ago 52,824 $ 25,570 74,845 $ 29,594 $ 31,148 41,530 91,335 7,990 229,366 $ 429,106 $ 108,984 83,092 162,500 74,530 69,119 7,846 210,536 $369,919 $ 61,266 84,231 162,500 61,922 $ 429,106 $ 369,919 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 46,030 3,426 195,666 $ 317,800 $ 41,530 72,341 163,500 40,429 $ 317,800 1 Year Ago Current Year $ 557,838 $ 340,281 172,930 9,483 7,252 $ 27,892 $286,133 111,372 10,125 6,603 529,946 $ 440,204 414,233 $ 25,971 $ 1.60 Earnings per share $ 1.72 For both the Current Year and 1 Year Ago, compute the following ratios:
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