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Simon Company's year-end balance sheets follow. 2018 2017 2016 pur $ 31,400 89.763 38,739 19,60 392,512 $555, A AE December 31 Assets Cash Accounts receivable,
Simon Company's year-end balance sheets follow. 2018 2017 2016 pur $ 31,400 89.763 38,739 19,60 392,512 $555, A AE December 31 Assets Cash Accounts receivable, net Merchandise inventory Prepaid expenses Plant assets, net Total assets Liabilities and Equity Accounts payable Lue lemn roles payable cured by nortgages on plant assets Cornon stock, $10 par value Retained earrings Total liabilities and equity 5 34.500 $ 37.200 62.680 59.780 84,900 54, aea 10.599 J.091 297,481 205 219 $490,000 $350, cBook $136,813 $ 81,982 $ 47,995 Hint 125,383 112,702 7 3.969 162,580 162.500 162.500 150,30 192,818 71,536 $555,$49a, ea $ 362,ea Pint The company's Income statements for the years ended December 31, 2018 and 2017, follow. References For Year Ended December 31 2818 $721,500 $440, 115 223,665 12,266 9,380 KRS, 126 $36,074 $ 2.22 2017 5 583,100 $379,015 142.524 13,411 Cost of goods sold Other operating expenses Triturust expense Income taxes Total Fund PS Net incone Earnings per share $ $ 548,97 34,433 2.12 Additional Information about the company follows. $ 28.09 26.8 Cornon stock market price, Decenber 31, 2018 Common stock market price, December 31, 2017 Annual cash dividends per share in 2018 Annual cash dividends per share in 2017 To help evaluate the company's profitability, compute the following ratios for 2018 and 2017: 1. Return on common stockholders' equity. 2. Price-earnings ralio on December 31. 3. Dividend yield. Complete this question by cntering 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 Choose Denominator: Choose Numerator: - Return On Common Stockholders' Equity Return on common stockholders' equity ! Avelare cortion slockholders' Equity Net income 2018: S 2017: S - Preferred dividends 36,074 - 34,403 - 0 Required 1 Required 2 >
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