Required information Use the following information for the Exercises below. (Algo) [The following information applies 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: Exercise 13-11 (Algo) Analyzing profitability LO P3 The conenumie income statumnats for the Cuirent Year and 1 Yeiar Ago, follow. Exercise 1311 (Algo) Analyzing profitability LO P3 The company's ifcome statements for the Current Year and 1 Year Ago. follow. Additional information about the company follows for both the current year and one year ago, compute the following ratios 1. Return on equity. 2. Dividend yheld 3e. Price-earnings ratio on December 31 3b. Assuming Simon's competitor has a price-earnings ratio of 7, which company has higher market expectations for futute growth? Complete this question by entering your answers in the tabs below. Compute the retum on equity for each year. Complete this question by entering your answers in the tabs below. Compite the dividend yleld for each year. (Round your answers to 2 decimal places.) Complete this question by entering your answers in the tabs below. Compute the price - earnings ratio for each year. (Round your answers to 2 decimal placesi)