Simon Company's year-end balance sheets follow. 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 Current Yr 1 Yr Ago 2 Yrs Ago $ 31,500 $34,500 $ 37,100 88,600 63,400 51,700 82,775 82,200 52,700 10,241 9,240 3,850 336,884 250,660 204,650 $550,000 $440,000 $350,000 $132,841 $ 75,104 $ 46, 200 105,468 103,224 75,803 162,500 149,191 162,500 99,172 162,500 65,497 $550,000 $440,000 $350,000 The company's income statements for the Current Year and 1 Year Ago, follow. 1 Yr Ago For Year Ended December 31 Current Yr 25 Sales $715,000 $523,600 Cost of goods sold $436,150 Other operating expenses 221,650 Interest expense 12,155 Income tax expense 9,295 $340,340 132,471 12,043 7,854 Total costs and expenses 679,250 Net income $ 35,750 492,708 $ 30,892 Earnings per share $ 2.20 $ 1.90 Additional information about the company follows. Common stock market price, December 31, Current Year $32.00 Common stock market price, December 31, 1 Year Ago 30.00 Annual cash dividends per share in Current Year 0.36 Annual cash dividends per share 1 Year Ago 0.18 For both the Current Year and 1 Year Ago, compute the following ratios: 1. Return on common stockholders' equity. 2. Price-earnings ratio on December 31. 2a. Assuming Simon's competitor has a price-earnings ratio of 8, which company has higher market expectatic 3. Dividend yield.