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 $ 31,800 $ 34,600 $ 36,800 89,800 62,200 59,300 37,495 84,500 51,200 10,368 9,639 4,222 365,537 259,061 228, 478 $535,000 $450,000 $380,000 $135,879 $ 77,571 $ 50,160 102,592 106,605 85,660 162,500 162,500 162,500 134,029 103, 324 81,680 $535,000 $450,000 $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 taxes Total costs and expenses Net income Earnings per share 2017 $695,500 $424, 255 215, 605 11,824 9,042 660, 726 $ 34,774 $ 2.14 2016 $ 535,500 $348, 075 135,482 12,317 8,033 503,907 $ 31,593 $ 1.94 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 0.20 0.10 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 return on common stockholders' equity for each year. Return On Common Stockholders' Equity 1 Choose Denominator: Choose Numerator: Return On Common Stockholders' Equity Return on common stockholders' equity 2017 2016 = 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.) Price-Earnings Ratio 1 Choose Denominator: = Price-Earnings Ratio Price-earnings ratio 2017 Choose Numerator: / / 2016 1 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.) Choose Numerator: Dividend Yield 1 Choose Denominator: / Dividend Yield Dividend yield % 2017 1 2016 1 %