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 Current Year 1 Year Ago $ 31,800 89,500 112,500 10,700 278,500 $ 523,000 $ 129,900 98,500 163,500 131, 100 $ 523,000 $ 411,225 209,550 12,100 9,525 Liabilities and Equity Accounts payable Long-term notes payable Common stock, $10 par value Retained earnings Total liabilities and equity For both the current year and one year ago, compute the following ratios: $ 35,625 62,500 82,500 9,375 255,000 $ 445,000 $ 673,500 642,400 $31, 100 $ 1.90 $ 75,250 101,500 163,500 104,750 $ 445,000 The company's income statements for the current year and 1 year ago, follow. Current Year 1 Year Ago For Year Ended December 31 Sales Cost of goods sold. Other operating expenses Interest expense Income tax expense Total costs and expenses Net income Earnings per share $ 345,500 134,980 13,300 8,845 2 Years Ago Additional information about the company follows. Common stock market price, December 31, Current Year $ 30.00 Common stock market price, December 31, 1 Year Ago Annual cash dividends per share in Current Year 1 Annual cash dividends per share 1 Year Ago For both the current year and one year ago, compute the following ratios: $ 37,800 50,200 54,000 5,000 230,500 $ 377,500 28.00 0.29 0.24 $ 51,250 83,500 163,500 79,250 $ 377,500 $ 532,000 502,625 $ 29,375 $ 1.80 1. Return on equity. 2. Dividend yield, 3a. Price-earnings ratio on December 31. 3b. Assuming Simon's competitor has a price-earnings ratio of 10, which company has higher market expectations for future growth?