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Required information [The following information applles to the questions displayed below.] Simon Company's year-end balance sheets follow. For both the current year and one year

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Required information [The following information applles to the questions displayed below.] Simon Company's year-end balance sheets follow. 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: Additional information about the company follows. 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 fut Complete this question by entering your answers in the tabs below. Compute the return on equity for each year

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