Simon Company's year-end balance sheets follow. At December 31 2017 2016 2015 Assets 31,800 $ 35,625 $ 37,800 62,500 82,500 9,375 255,000 Cash Accounts receivable, net Merchandise inventory Prepaid expenses Plant assets, net 89,500 112,500 10,700 278,500 50, 200 54,000 5,000 230,500 Total assets $523,000 $445,000 $ 377,500 Liabilities and Equity Accounts payable Long-term notes payable secured by mortgages on plant assets Common stock, $10 par value Retained earnings $129,900 $ 75,250 $ 51,250 101,500 163,500 104,750 83,500 163,500 79,250 98,500 163,500 131,100 Total liabilities and equity $523,000 $445,000 $ 377, 500 The company's income statements for the years ended December 31, 2017 and 2016, follow. For Year Ended December 31 2017 2016 $673,500 532,000 Sales $345,500 134,980 Cost of goods sold Other operating expenses Interest expense $411,225 209,550 12,100 9,525 13,300 8,845 Income taxes Total costs and expenses 642,400 502,625 $31,100 $29,375 Net income $ Earnings per share 1.90 1.80 Additional information about the company follows. 30.00 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 0.29 0.24 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 Return On Common IChoose Denominator: Choose Numerator: Stockholders' Equity Return on common stockholders' equity 2017 % 2016 / Required 1 Required 2 Required 3 Compute the price-earnings ratio for each year. (Round your answers to 2 decimal places.) Price-Earnings Ratio Choose Numerator: Choose Denominator: Price-Earnings Ratio / Price-earnings ratio 2017 2016