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 2017 2016 2015 $31,900 35,000 36,800 59,300 51,600 4,070 364,424 304,705 218,230 $575,000 $500,000 $370,000 90,000 64,900 77,751 85, 000 10,925 10,395 Liabilities and Equity Accounts payable Long-term notes payable secure $144,607 $ 85,345 48,352 mortgages on plant assets Common stock, Retained earnings Total liabilities and equity 81,770 162,500 162,500 162,500 160,874140, 605 77,378 $575,000 $500,000 $370,000 107,019 111,550 $10 par value The company's income statements for the years ended December 31, 2017 and 2016, follow For Year Ended December 31 Sales Cost of goods sold Other operating expenses nterest expense Income taxes Total costs and expenses Net income 2017 2016 $747,500 $595,000 455,975 231,725 12,708 9.718 $386,750 150,535 13,685 8,925 710,126 37,374 $2.30 559,895 $ 35,105 $2.16 Earnings per share Additional information about the company follows. 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 $31.00 29.00 0.26 0.13 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 Required1Required 2Required 3 Compute the return on common stockholders' equity for each year Return On Common Stockholders' Equity Return On Common Stockholders' Equ Return on common stockholders' equity Choose Numerator: Choose Denominator: 201 201 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 Required Required 3> Required 1 Required 2Required 3 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 2016 Required 2 Required 3