Simon Company's year-end balance sheets follow. 2017 2016 2015 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 secured by mortgages on plant assets Common stock, $10 par value Retained earnings Total liabilities and equity $ 31,200 $ 34,600 $ 36,700 88, 400 64,000 53,200 46,135 84,300 55,400 10,816 9,960 4,222 398, 449 272,140 230,478 $575,000 $465,000 $380,000 $146,039 $ 77,799 $ 48,655 111,343 109,089 84,820 162,500 162,500 162,500 155, 118 115,612 84,025 $575,000 $465,000 $380,000 The company's income statements for the years ended December 31, 2017 and 2016, follow. For Year Ended December 31 Sales Cost of goods sold Other operating expenses Interest expense Income Total costs and expenses Net income 2017 $747,500 $455,975 231,725 12, 708 9,718 710, 126 $ 37, 374 2016 $ 553,350 $359,678 139,998 12,727 8,300 520,703 $ 32, 647 Earnings per share $ 2.30 $ 2.01 Additional information about the company follows. Common stock market price, December 31, 2017 Common stock market price, December 31, 2016 Annual cash dividends per share in 2017 Annual cash dividends per share in 2016 $28.00 26.00 0.30 0.15 To help evaluate the company's profitability, compute the following ratios for 2017 and 2016: 1. Return on common stockholders' equity. 2. Price-earnings ratio on December 31. 3. Dividend yield. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Compute the price-earnings ratio for each year. (Round your answers to 2 decimal places.) Choose Numerator: Market price per common share Price-Earnings Ratio 1 Choose Denominator: / Earnings per share Price-Earnings Ratio Price-earnings ratio 0 2017 2016 / 0 Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Compute the dividend yield for each year. (Round your answers to 2 decimal places.) II Choose Numerator: Annual cash dividends per share Dividend Yield 1 Choose Denominator: / Market price per share 1 Il Dividend Yield Dividend yield 0 % 0 % 2017 11 2016 1 II