Required Information [The following information applies to the questions displayed below.] Simon Company's year-end balance sheets follow. Current Year 1 Year Ago 2 Years Ago 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 $ 31,800 89,500 112,500 10,7ee 278,589 $ 523,000 $ 35,625 62,580 82,500 9,375 255,000 $ 445,880 $ 37,800 50,28 54,000 5, de 230, 500 $ 377,5ee $ 129,989 98,500 163,500 131,100 $ 523,000 $ 75,25e 101,500 163,5ee 184, 750 $.445,800 $ 51,250 83, See 163, See 79,25e $ 377,500 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 Current Year $ 673,500 $ 411,225 209,550 12,100 9.525 642, dee $ 31, 100 1 Year Ago $ 532,000 $ 345,500 134,980 13,30 8,845 582,625 $ 29,375 $ 1.90 $ 1.80 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 $ 30.00 28.se 0.29 0.26 For both the current year and one year ago, compute the following ratios: 1. Return on common stockholders' equity 2. Dividend yield. 30. Price-earnings ratio on December 31 3b. Assuming Simon's competitor has a price-earnings ratio of 10. which company has higher markete Complete this question by entering your answers in the tabs below