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Required Information [The following informotion opplies to the questions disployed below.] Simon Company's year-end bolance sheets follow. The compony's income statements for the Current Year
Required Information [The following informotion opplies to the questions disployed below.] Simon Company's year-end bolance sheets follow. The compony's income statements for the Current Year and 1 Year Ago, follow. Additional information about the compony follows. Commonstockmarketprice,December31,CurrentYearComonstockmarketprice,December31,1YearAgoAnnualcashdividendspershareinCurrentYearAnnualcashdividendspershare1YearAgo$32.0839.086.289.14 For both the current year and one year ago, compute the following ratios: 1. Return on common stockholders' equity. 2 Dividend yield. 3a. Price-earnings ratio on December 31 . 3b. Assuming Simon's competitor has a price-earnings ratio of 8 , which compony hos higher market expectations for future growth? Complete this question by entering your answers in the tabs below. Compute the return on common stockholders' equity for each year. Compute the dividend yield for each year. (Round your answers to 2 decimal places.) ompute the price-earnings ratio for each year. (Round your answers to 2 decimal places.) Assuming Simon's competitor has a price-earnings ratio of B, which company has higher market expectations for future growth
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