Simon Company's year-end balance sheets follow. At December 31 Current Yr 1 Yr Ago 2 Yrs Ago $ 31,600 $ 34,300 $ 37,600 88,300 63,500 60,000 2,570 83,700 51,900 10,950 3,308 431,580 229,856 157, 192 $565,000 $420,000 $ 310,000 8,644 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 $143,499 $ 71,690 $ 40,102 107,282 95,634 69,880 162,500 162,500 162,500 151,719 90,176 37,518 $565,000 $420,000 $ 310,000 The company's income statements for the Current Year and 1 Year Ago, follow. For Year Ended December 31 Sales Cost of goods sold Other operating expenses Interest expense tax expense Total costs and expenses Net income Current Yr $734,500 $448,045 227,695 12,487 9,549 697,776 $ 36,724 2.26 1 Yr Ago $ 499,800 $324,870 126,449 11,495 7,497 470,311 $ 29,489 $ 1.81 Earnings per share Additional information about the company follows. Common stock market price, December 31, Current Year Common stock market price, December 31, 1 Year Ago Annual cash dividends per share in Current Year Annual cash dividends per share 1 Year Ago $31.00 29.00 0.38 0.19 For both the Current Year and 1 Year Ago, compute the following ratios: Additional information about the company follows. Common stock market price, December 31, Current Year Common stock market price, December 31, 1 Year Ago Annual cash dividends per share in Current Year Annual cash dividends per share 1 Year Ago $ 31.00 29.00 0.38 0.19 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. 20. Assuming Simon's competitor has a price-earnings ratio of 7 which company has higher market expectations for future growth? 3. Dividend yield. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 2a Required 3 Compute the return on common stockholders' equity for each year. Return On Common Stockholders' Equity Choose Numerator: 1 Choose Denominator: Return On Common Stockholders' Equity Return on common stockholders' equity Current Year: 1 Year Ago: Required 2 >