Simon Company's year-end balance sheets follow. 2017 2016 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 mortgages on plant assets Common stock, $10 par value Retained earnings Total liabilities and equity $ 31,800 $ 35,625 $ 37,800 89,500 62,500 50,200 112,500 82,500 54,000 10,700 9,375 5,000 278,500 255,000 230,500 $523,000 $445,000 $377,500 $129,900 $ 75,250 $ 51,250 98,500 101,500 83,500 163,500 163,500 163,500 131, 100 104,75079,250 $523,000 $445,000 $377,500 The company's Income statements for the years ended December 31, 2017 and 2016, follow. Por Year Ended December 3 Sales Cost of goods sold Other operating expenses Interest expense Income taxes Total costs and expenses Net income 2017 $ 673,500 225 9,550 12,100 9.525 642,400 2016 $ 532,000 $345, 500 134,980 13, 300 8,845 502,625 $ 29,375 RO 16 of 16 A 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 $673,500 $411,225 209,550 12,100 9.525 642,400 2016 $ 532,000 $345,500 134,980 13,300 8.845 502,625 $ 29,375 100 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 To help evaluate the company's profitability, compute the following ratios for 2017 and 2016: Com 1. Return on common stockholders' equity. 2. Price-earnings ratio on December 31. 3. Dividend yield. H e compuny piulity, compute the following ratios for 2017 and 2016 1. Return on common stockholders' equity. 2. Price-earnings ratio on December 31. 3. Dividerid 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. + Choose Numerator: Return On Common Stockholders' Equity Choose Denominator - Return On Common Stoc - Return on common stock 2017 20167 Required 2 > Required 1 Required 2 Required 3 Compute the price-earnings ratio for each year. (Round your answers to 2 decimal places.) Price-Earnings Ratio 7 Choose Denominator: Choose Numerator: = Price-Earnings Ratio Price-earnings ratio 2017 2016 Required 1 Required 2 Required 3 Compute the dividend yield for each year. (Round your answers to 2 decimal places.) Dividend Yield | Choose Denominator: Choose Numerator: Dividend Yield Dividend yield 2017 2016