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.

Common stock market price, December $31,$ Current Year $$30\mathrm{.}00$

Common stock market price, December $31,1$ Year Ago $28\mathrm{.}00$

Annual cash dividends per share $in$ Current Year $0\mathrm{.}29$

Annual cash dividends per share $1$ Year Ago $0\mathrm{.}24$

For both the current year and one year ago, compute the following ratios:

Return on equity.

Dividend yield.

$3$a$.$ Price$-$earnings ratio on December $31.$

$3$b$.$ Assuming Simon's competitor has a price$-$earnings ratio of $10,$ which company has higher market expectations for future growth?

Complete this question by entering your answers in the tabs below.

Compute the return on equity for each year.