Required Information [The following information applies to the questions displayed below) Simon Company's year-end balance sheets follow At December 31 Assets Current Year 1 Year Agn 2 Years Age Cash Accounts receivable, net Herchandise inventory Prepaid expenses Plant assets, net fetal assets $31,000 89,560 535,025 17,800 50,200 112,500 $4,000 10,700 278,500 9,375 255,000 523,000 $445, $377,500 Liabilities and Equity Accounts payable 5129,900 $75,250 Long-tern notes payable 101,500 Common stock, 330 par value 163,500 Retained earnings 111.106 164,750 Total liabilities and equity $523,000 $377,500 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 beca Sales 1 year 3:673,500 Cost of goods sold $411.2 other operating expenses 200,550 $145,500 134,9 Interest expense 12.100 Income tax expense 19,526 Total costs and expenses Net Incone 642,400 $3,100 Earnings per share. 1:00 29,375 Additional information about the company follows Common stock market price, December 11, Current Year Coson stock parket price, Decaaber 31, 1 Year Ago Annual cass dividends per share in Current Year Annual Cash dividends per share 1 Year Ago For both the current year and one year ago, compute the following rabos 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 30, which compony has higher merket expectations for future growth? Complete this question by entering your answers in the tabs below. Required Required 2 Required 24 Required 28 Compute the retum on equity for each yea Current Year 1 Year Age Numerati Webern On Emunity Dempinator Reben On Ee Requ Required 2> Required Information [The following information applies to the questions displayed below] Simon Company's year-end balance sheets follow At December 31 Current Year 1 Year Age Years Ago Assets Cash Accounts receivable, et Merchandise inventory Prepaid expenses Plant assets, net Total assets Liabilities and Equity Accounts payable $11,000 $35,625 89,500 62,500 50,200 112,500 10,700 $2,500 54,000 9.375 255,0 $ 523,000 $445,000 230,500 1377,500 $ 129,900 $75,250 Long-tere notes payable Common stock, $10 par value 98,500 161,500 101,500 $53,25 43,500 163,500 163 500 Retained earnings 104,750 79,250 Total liabilities and equity 3523, 3445,00 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 Year For Year Ended December 1 Sales Cost of goods sold Interest expen Other operating expensas Income tax expens Total costs and expenses Net income Earnings per share 573,500 209,55 3:345,500 134.9 12.100 31.00 $532,000 529.375 Additonal information about the company follows Common stock market pric, December 31, Current Year me stock market price, December 31 year Ago Annual cash dividends per share 3 Current Year Annual cash dividends per share 3 Year Ago For both the current year and one year ago, compute the following radios 1. Return on equity 2. Dividend yield 36. Price-earnings rado on December 31 3b. Assuming Simon's competitor has price-earnings ratio of 10, which company has higher market expectations for future growth Complete this question by entering your answers in the tabs below. Requred 2 A Required 38 Compute the dividend yield for each year Note Bound your answers to 2 decimal places Current Year Year Age 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 10, which company has higher market expectations for futu Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3A Required 38 Compute the price-earnings ratio for each year. Note: Round your answers to 2 decimal places. Current Year 1 Year Ago: Price-Earnings Ratio Numerator: Denominator: Price-Earnings Ratio Price-earnings ratio