Simon Company's year-end balance sheets follow.

At December 31, 2017 2016 2015

Assets

Cash $31,200$ 34,200 $36,700

Accounts receivable, net 88,700 64,300 52,800

Merchandise inventory 103,556 83,200 54,200

Prepaid expenses 10,175 9,673 4,305

Plant assets, net 291,369 278,627 231,995

Total assets $525,000 $470,000 $380,000

Liabilities and Equity

Accounts payable $133,340 $81,019 $48,655

Long-term notes payable secured by

mortgages on plant assets 98,700 104,857 83,980

Common stock, $10 par value 162,500 162,500 162,500

Retained earnings 130,460 121,624 84,865

Total liabilities and equity $525,000 $470,000 $380,000

The company's income statements for the years ended December 31, 2017 and 2016, follow.

For Year Ended December 31, 2017 2016

Sales $682,500 $559,300

Cost of goods sold $416,325 $363,545

Other operating expenses 211,575 141,503

Interest expense 11,603 12,864

Income taxes 8,873 8,390

Total costs and expenses 648,376 526,302

Net income $34,124 $32,998

Earnings per share $2.10 $2.03

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 0.26

Annual cash dividends per share in 2016 0.13

Simon Company's year-end balance sheets follow. at December 31 261? 2616 2615 Assets Cash $ 31,209 $ 34,266 $ 36,266 Accounts receivable, net 66,266 64,366 52,666 Merchandise inventory 163,556 83,266 54,266 Prepaid expenses 16,125 9,623 4,365 Plant assets, net 291,368 2?6,623 231,995 Total assets $525,369 $4TB,BBQ $ 388,806 Liabilities and Equity Accounts payable $133,346 $ 81,619 5 48,655 Long-term notes payable secured by mortgages on plant assets 98,266 164,352 83,986 Common stock, $16 par value 162,566 162,566 162,566 Retained earnings 136,466 121,624 34,365 Total liabilities and equity $525.33'3 5479.399 5 3531309 The company's income statements for the years ended December 31, 201? and 2016, follow. For-Year Ended netelber 31 2617 2616 Sales $682,566 5 559,393 Cost of goods sold $416,325 $363,545 Other operating expenses 211,525 141,563 Interest expense 11,663 12,864 Income taxes 8,323 8,396 Total costs and expenses 648,3?6 526,362 Net income $ 34,124 5 32,998 Earnings per share 5 2.16 $ 2.63 Additional information about the company follows- Common stock market price, December 31, 261? $ 33.66 Common stock market price, December 31, 2616 31.66 Annual cash dividends per share in 261? 6.26 Annual cash dividends per share in 2616 6.13 To help evaluate the company's protability, compute the following ratios for 201? and 2016: 1. Return on common stockholders' equity. Required 1 Compute the return on oommon stoclcholders' equity for each year. - 'referred verage common Return on common HEM 34124InI__H_E m 32M