Required Information Exercise 13-9 Risk and capital structure analysis LO P3 [The following information applies to the questions displayed below) Simon Company's year-end balance sheets follow. Accounts receivable, et Merchandise inventory $ 37,084 541.647 $42.17 182,211 75,114 55,569 112,65 95,7 61,012 11,591 11,7 4.679 5616,211 $531,215 5 434, Plant assets, net Total assets Liabilities and Equity Long-ters notes payable secured by mortgages on plantas Contact S ale Retained earnings Total abilities and culty $154,971 $ 87,2 57,863 117,00 182, 120,958 182, see 100.625 93,037 162,50 120.02 The company's income statements for the years ended December 31, 2017 and 2016. follow O Cost of goods sold perating expenses 13.618 Income to Total costs and expenses Net income Earnings per share Calculate the company's long-term risk and capital structure positions at the end of 2017 and 2016 by computing the following ratios Exercise 13-9 Part 2 21 Debt-to-equity ratio Accounta ble Required Information Exercise 13-9 Risk and capital structure analysis LO P3 The following information applies to the questions displayed below Simon Company's year-end balance sheets follow Accounts receivable, net Merchandise inventory Prepaid expenses $ 37,084 $ 41,647 5 42,12 109,21175,114 55,569 13265 952 332,840 7,249 270,533 5616,211 3531,216 344 $154,971 , 57, 1 Total assets ilities and city Accounts payable Long-termotes payable secured by morteceso plant assets Comon stock, sie par value Retained earnings Total liabilities and equity 117, 120,58 162, 162, 281.734 140.625 5616,211 5531,216 93,037 162,50 120,002 414,000 The company's income statements for the years ended December 31, 2017 and 2016. follow For Year Ended December 31 Cost of goods sold Other operating expenses 14,539 Total costs and expenses Earnings per share Calculate the company's long-term risk and capital structure positions at the end of 2017 and 2016 by computing the following ratios. Exercise 13-9 Part 3 (3) Times interest earned Times beste Choce Denominator 2016 Required information Exercise 13-10 Efficiency and profitability analysis LO P3 The following information applies to the questions red below Simon Company's year end balance sheets follow Accounts receiva 1, 3, 17. e t 281, 1923.59 282 , List teremtes payable secure po Retained earning Total blandit The company's income statements for the years ended December 3, 2017 and 20% follow For your tread berater O rati se Total costs and Not income 52.0 Evaluate the company's ecency and profits by computing the flowing for 2017 and 20% Exercise 13-10 Part 1 (1) Profit margin ratio ProMapinat 13 Part 2 of 3 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. 1.33 points 2015 Accounts receivable, et Merchandise inventory Prepaid expenses $ $ 31, $ 35, 17. 3. 112, 10,550 9,200 2010 257, 5523,550 $425, 37, See 52.00 4.100 223, 371,00 Total assets Liabilities and Equity Accounts payable Long-tere notes payable secured by ortages on plant assets Common stock, sie par value Retained earnings Total abilities and equity $129,00 $ 72,500 51, 92.000 98.5 1.6 161.000 161.00 11.00 115,950 11),ose 72,200 5523,550 545, 51,200 References The company's income statements for the years ended December 31 2017 and 2016, follow For Year Ended December 31 5785, 550.000 65,150 235, $196, Cost of goods sold Other operating expenses Interest expense Income taas Total costs and expenses Net Income 220, 567,25 52, 5 $ Earnings per share 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 tuover Choose Denominator: Choose Numerator: - Total Asset Turnover Totaltumover 14 Part 3 of 3 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 Skipped Assets 2017 2016 $ 31,60 $ 35,250 $37,6 87,90 53 49 See 112,50 0,00 52. 10,550 9,200 4.100 281,00 252, 223, $523,550 $445,50 S 371.200 Accounts receivable, net Merchandise inventory Prepaid expenses Plant assets, net Total assets Liabilities and Equity Accounts payable Long-ters notes payable secured by mortgages on plant assets Common stock, $10 par value Retained earnings Total liabilities and equity $129, 72, $ 51,00 97, 151, 135,950 5523,55 98,500 161,00 113 ose 1445, se $1,600 151 72200 1.29 $ The company's income statements for the years ended December 31, 2017 and 2016. follow $785, $ 620. $463,150 235, 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 11,800 148, 13.ee 567325 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. Choose Numerator Return On Total Assets Choose Denominator: - Return On Total Assets 2016 receivable net Merchandise inventory Prepaid expenses pat att Total Latisanity $ 31,100 89,500 54,13 10,520 179,172 $ 4,200 $ 37,00 2, 0 52,00 4,100 56,00 9,45 4 ,247 2155 239.153 $142, 2 $76, se $ 53,24 4 19 Long-teremtes payable secured by mortgages on plant assets Common stock, si per value Retained earnings Total l lities and equity 107,22 12, 153,126 5565, 1 ,3 162.0 105,915 54, 1, 152 0 53, 2 The company's income statements for the year ended December 2017 and 2016 follow For Year Ended December 31 Cost of goods und Other operating w Interest w e 15,2 12 Earnings per share Additional information about the company follows share To help evaluate the company's profitability compute the following ratios for 2017 and 2016 1. Retum on common stockholders' equity 2. Price emingsoon December 3. Ovody Complete this question by entering your answers in the tabs below Red on to y for each Choose Demo - Reborn On Common Stockholders 15 2017 2016 2015 Assets $ 31,100 89,5ee 54,398 10,520 379,572 $565, $ 14,200 $ 37,600 62, Bee 52,300 84,1ee 56,709 9.545 4.247 259, 355 239,153 $450,000 $390,ce Accounts receivable, net Merchandise inventory Prepaid expenses Plant assets, met Total assets Liabilities and Equity Accounts payable Long-tern notes payable secured by mortgages on plant assets Common stock, 510 par value Retained earnings Total liabilities and equity $142,92 $ 76, ese $ 53,024 107,282 162, See 153, 126 5565,000 104,535 162, see 166,915 $450, 83,6M 162,500 98,872 $ 390, The company's income statements for the years ended December 31, 2017 and 2016, follow $714. $ 535,500 For Year Ended December Sales Cost of goods sold Other operating expenses Interest expense $448,045 227.095 135,482 12,312 8,033 Total costs and expenses 697,776 5e3,907 Net tarings per share Additional information about the company follows. Connon stock market price, December 31, 2017 Co stock market price, December 31, 2016 nach dividends per the in 2017 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 camnings ratio on December 31 3. Dividend yield Complete this question by entering your answers in the tabs below. Required: Requred2 Compute the price-camiguratie for each yea (Round you to b e Peacoate Ches. Den PER Pih 15 138 points 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 sortgages on plant assets Common stock, sie par value Retained earnings Total liabilities and equity $31.12 89.5e 54,3ag 12.520 379,572 $565, $ 34,28 $ 37.600 62. 52 0 84,10 56,70 9.545 4.247 259,355 239,153 545e,eee $ 390,000 $142,92 $ 76,050 $ 53,624 107.282 162. See 153,126 5565. 10.535 152, See 106,915 Sa, 3.6 152.59 90,872 10.00 The company's income statements for the years ended December 31, 2017 and 2016, follow. $ 535, sed For Year Ended Decembe Sales Cost of goods sold Other operating expenses Interest expense Income taxes Total costs and expenses et income $48,645 227,695 12,487 38.es 135.482 12.317 5e3,907 31.593 Earnings per shar Additional information about the company follows Comon stock market price, December 11, 2017 Common stock market price, December 31, 2016 Amal cash dividends per share 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. gured 1 Required 2 Compute the dividend viold for each your (Round your answers to decimal places.)