Simon Company's year-end balance sheets follow. 2018 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 by 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 83,500 163,500 163,500 163,500 131,100 104,750 79, 250 $523,000 $445,000 $377,500 The company's income statements for the years ended December 31, 2018 and 2017, follow. For Year Ended December 31 Sales Cost of goods sold Other operating expenses Interest expense Income taxes Total costs and expenses Net income 2018 $673,500 $ 411,225 209,550 12,100 9,525 642,400 $ 31,100 2017 $ 532,000 $345,500 134,980 13,300 8,845 502,625 $ 29,375 Earnings per share $ 1.90 $ 1.80 Additional information about the commany follows Additional information about the company follows. Common stock market price, December 31, 2018 Common stock market price, December 31, 2017 Annual cash dividends per share in 2018 Annual cash dividends per share in 2017 $30.00 28.00 0.29 0.24 To help evaluate the company's profitability, compute the following ratios for 2018 and 2017: 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: Average common stockholders' equity 0 / Choose Numerator: Preferred dividends 31,100 29,375 Net income 2018 $ 2017| $ Return On Common Stockholders' Equity Return on common stockholders' equity 0 % % 0 Compute the price-earnings ratio for each year. Price-Earnings Ratio Choose Numerator: 1 Choose Denominator: Price-Earnings Ratio Price-earnings ratio 2018 0 2017 II 0 Compute the dividend yield for each year. Dividend Yield Choose Numerator: Choose Denominator: Dividend Yield II Dividend yield 2018 0 % 2017 1 0 %