Required Information Exercise 13-10 Efficiency and profitability analysis LO P3 [The following information applies to the questions displayed below) Simon Company's year-end balance sheets follow. 2017 Cash $ 31,600 87,00 112. See 10,55 281.000 $523,550 $ 35,250 $32.ee 63, 0 49, see 80.600 52.000 9,200 4.100 22.00 228, Bee $445, eso $ 1.200 Accounts receivable, net Merchandise inventory Prepaid expenses Plant assets, net Total assets Liabilities and Equity Accounts payable Long-tere notes payable secured by mortgages on plant assets Comon stock, 510 par value Retained earnings Total liabilities and equity $129.60 $ 22.500 $ 51. 97, 98,50 151. 161.000 115.95 113. $523,550 5445,5 1,600 161. 27.280 $ 171,200 The company's income statements for the years ended December 31, 2017 and 2016, follow. $75,00 $663.150 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 2016 $ 520, $15. 148, 13.ee 235, sae 11. 1954 SZES Evaluate the company's efficiency and profitability by computing the following for 2017 and 2016 Exercise 13-10 Part 1 (1) Profit margin ratio Choose Numerator Profil Margin Ratie Choose Denominator Pront Mari Rata - Progno 2017 13. art 2013 Required Information Exercise 13-10 Efficiency and profitability analysis LO P3 [The following information applies to the questions displayed below) Simon Company's year-end balance sheets follow. med below.) 2017 2016 At December 31 Assets Cash Accounts receivable, net Merchandise Inventory Prepaid expenses Plant assets, net Total assets Liabilities and Equity Accounts payable Long-tere notes payable secured by mortgages on plant assets Common stock $10 par value Retained earnings Total liabilities and equity $31.600 $35.250 $37.600 87. 63. 49. See 112,50 88,500 52.ee 10,55 9.200 4. lee 281.000 257.899 228,eee $523,550 $445,250 $ 371,200 10 $129,600 $ 72,500 $ 51,4 97.000 161, 115 $523,550 98. See 1.600 151,000 161.00 11.se 17.20 $445,ese S 371.28 o rences The company's income statements for the years ended December 31, 2017 and 2016, follow. $785. 528. S53.15 235, 195, see 16. 13.00 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 375 Evaluate the company's efficiency and profitability by computing the following for 2017 and 2016 Exercise 13-10 Part 2 (2) Total asset turnover Total Asset Turnover Choose Denominator Choose Numerator = Total Asset Turnover 14. Required Information Exercise 13-10 Efficiency and profitability analysis LO P3 [The following information applies to the questions displayed below.) Simon Company's year-end balance sheets follow At December 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 con stock, S10 par value Retained earnings Total liabilities and equity $ 31,600 $ 35,250 82,00 63,00 112,500.00 10.se 9.2 281,000 252, 5523,550 $445,se 37,6 49. See 52.00 4.1 228,00 371.200 de 1e to $129,600 5 72,500 $ 51,600 97. 161. 135,950 3523,55e 98.500 161. 113,50 ,ese 81. 151.00 72,200 1.200 The company's income statements for the years ended December 31, 2017 and 2016, follow 5785, 520.00 16.00 For Year Ended December Sales Cost of goods sold Other operating expenses Interest expense Income taxes Total costs and expenses tico Earnings per share 1,150 235.5 11 955 Sa. Evaluate the company's efficiency and profitability by computing the following for 2017 and 2016 Exercise 13-10 Part 3 (3) Return on total assets Bet On Total Assets Choose Denominator Return On Total Assets Choose Numerator Exercise 13-11 Profitability analysis LO P3 138 points Simon Company's year-end balance sheets follow. 2017 2016 2015 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, sie par value Retained earnings Total liabilities and equity $ 31,100 $ 34,200 $ 37,6ee 89, 5ee 62,890 52,3ee 54,388 84,100 56,7ee 10,520 9,5454 ,247 379,572 259, 355 239, 153 $565, eee $450,000 $ 390, eee o 1 10 f $142,092 $ 76,ese $ 53,024 Print 107,282 184,535 83,684 162,500 162,500 162, see 153, 126 106.915 99,872 5565, eee $45e,eee $ 390, eee References The company's income statements for the years ended December 31, 2017 and 2016, follow December 31 2012 29373a, see $734, see 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 $448.845 227.695 12,487 2016 $ 535,50e $348,75 135,482 12,317 503.97 11.592 th 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 $31.00 29.00 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 HelpS C on stock, sin porwal tanding Total Halities and equity 10. 162 16. 151 126691592 The company's income statements for the years ended December 31, 2017 and 2016. folio. Cost of mods sold Other operating expenses S40. 227,95 135,42 097776 502 Earnings per share Additional information about the company follows Constr utice, December 1, 2017 on stock market price, December al dividende To help evaluate the company's probability compute the following ratios for 2017 and 2016 1. Return on common stockholders' uity 2. Price-camins ratio on December 3. Dividend yield Complete this question by entering your answers in the tablo Required 2 3 common stockholders uity for each year Choose 2 ) 15 Long-term notes payable secured by sortgages on plant assets Connon stock, $10 par value Retained earnings Total liabilities and equity 107,282 162,500 153, 126 $565,000 164,535 162, sa 105 915 $450.ee 83,604 162, see 90 872 $390, The company's income statements for the years ended December 31, 2017 and 2016. follow $734,500 $ 535,500 For Year Ended December 31 Sales Cast of goods sold Other cperating expenses Interest expense Income taxes Total costs and expenses et income Earnings per share $448,845 227,695 12,487 $348.eps 135,482 12,317 503.9 697276 $36,724 $ 2.26 Pet Additional information about the company follows. References Common stock market price, December 31, 2017 Common stock market price, December 31, 2015 Annual cash dividends per share in 2017 Annual cash dividends per share in 2016 0.22 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 Compute the price earnings ratio for each year (Round your answers to decimal places) Choose Numerator Price Emin Ratio Choose Denominator Proo Camings Ratio ming 2017 2016 Heged Required 3) Long-term notes payable secured by mortgages on plant assets Common stock, sie par value Retained earnings Total liabilities and equity 107,282 152,50 153,126 5565.00 104,535 162, see 106.915 50.00 5 83,664 152, see 90.872 0.000 The company's income statements for the years ended December 31, 2017 and 2016, follow. $734,500 $ 535,50 For Year Ended December Sales Cost of goods sold Other operating expenses Interest expense Incontres Total costs and expenses Net Income $448,45 227,695 12,487 9.549 $348, 075 135 12,317 se), 31,593 S 36, 720 $ Earnings per share 2.25 Additional information about the company follows. C Common stock market price December 1, 2017 on stack market price, December 1, 2016 al cash dividends per there in 2017 Annual cash dividends per share in 2016 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. Red Round Compute the dividend yield for each year. (Round your answers to 2 decimal places.) Choose Denominator Dividend Yield Rewa