Simon Companys year-end balance sheets follow.

At December 31	2017			2016			2015
Assets
Cash	$	31,600		$	34,800		$	37,500
Accounts receivable, net		90,000			64,000			52,100
Merchandise inventory		63,965			83,500			53,900
Prepaid expenses		10,321			8,657			3,773
Plant assets, net		364,114			234,043			202,727
Total assets	$	560,000		$	425,000		$	350,000
Liabilities and Equity
Accounts payable	$	139,440		$	71,107		$	47,124
Long-term notes payable secured by mortgages on plant assets		107,386			99,705			75,803
Common stock, $10 par value		162,500			162,500			162,500
Retained earnings		150,674			91,688			64,573
Total liabilities and equity	$	560,000		$	425,000		$	350,000

The companys income statements for the years ended December 31, 2017 and 2016, follow.

For Year Ended December 31	2017						2016
Sales				$	728,000					$	505,750
Cost of goods sold	$	444,080					$	328,738
Other operating expenses		225,680						127,955
Interest expense		12,376						11,632
Income taxes		9,464						7,586
Total costs and expenses					691,600						475,911
Net income				$	36,400					$	29,839
Earnings per share				$	2.24					$	1.84

Additional information about the company follows.

Common stock market price, December 31, 2017	$	33.00
Common stock market price, December 31, 2016		31.00
Annual cash dividends per share in 2017		0.32
Annual cash dividends per share in 2016		0.16

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
	Choose Numerator:			/	Choose Denominator:	=	Return On Common Stockholders Equity
	Net income		Preferred dividends	/	Average common stockholders equity	=	Return on common stockholders equity
2017	$36,400			/		=	0	%
2016	$29,839			/		=	0	%

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
	Choose Numerator:	/	Choose Denominator:	=	Price-Earnings Ratio
		/		=	Price-earnings ratio
2017		/		=	0
2016		/		=	0

Compute the dividend yield for each year. (Round your answers to 2 decimal places.)

Dividend Yield
	Choose Numerator:	/	Choose Denominator:	=	Dividend Yield
		/		=	Dividend yield
2017		/		=	0	%
2016		/		=	0	%