Required information [The following information applies to the questions displayed below.] Simon Company's year-end balance sheets follow. 57,504 73,775 8,626 227,612 At December 31 Current Year 1 Year Ago 2 Years Ago Assets Cash Merchandise inventory Accounts receivable, net Prepaid expenses $ 27,838 78,311 102,440 $ 31,265 $ 33,907 45,209 47,671 Plant assets, net 8,789 245,209 3,655 208,658 Total assets $ 462,587 $ 398,782 Liabilities and Equity Accounts payable $ 115,184 Long-term notes payable 86,966 Common stock, $10 par value 162,500 Retained earnings 97,937 $ 66,046 93,554 163,500 75,682 Total liabilities and equity $462,587 $ 398,782 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 Earnings per share $ 339,100 $ 43,866 76,440 162,500 56,294 $339,100. 1 Year Ago Current Year $ 601,363 $ 366,831 $308,458 186,423 10,223 7,818 120,061 10,915 7,118 571,295 $ 30,068 $1.85 $474,551 446,552 $ 27,999 $ 1.72 Additional information about the company follows. Common stock market price, December 31, Current Year Common stock market price, December 31, 1 Year Ago Annual cash dividends per share in Current Year Annual cash dividends per share 1 Year Ago $ 32.00 30.00 For both the current year and one year ago, compute the following ratios: 0.26 0.13 1. Return on equity. 2. Dividend yield. < Prev 5