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Simon Company's year-end balance sheets follow. Compute the return on common stockholders' equity for each year At December 31 Assots 201720162015 Return On Common Stockholders'
Simon Company's year-end balance sheets follow. Compute the return on common stockholders' equity for each year At December 31 Assots 201720162015 Return On Common Stockholders' Equity Accounts receivable, net Kerchandise inventory Prepaid expenaes Plant assets, net Total assets Liabilities and Equity Accounts payable Long-term notes payable secured by 31,500 34,800 37, 600 59,400 58,500 4,222 406,134 ,278 $560,000 $490,000 380, 000 Choose Denominator:Return On Common Return on common 88,300 62,500 83,900 10,290 298 290 Choose Numerator 23,213 10,853 Netincome I-Predends |/Paockholders' equity -l 40653 000 298,510 220 Average common stockholders' equity $138,04682,81050,160 mortgages on plant asseta Common stock, $10 par value Retained earnings Total liabilities and equity 104,227 111,573 84,820 162 500 162,500 162,500 82,520 $560,000 $490,000 $380,000 155,227 133,117 The company's income statements for the years ended December 31, 2017 and 2016, follow. Compute the price-earnings ratio for each year. (Round your answers to 2 decimal places.) For Year Ended December 31 2017 2016 $728,000 s583,100 Cost of goods sold Other operating expensea Interest expense $379,015 147,524 13,411 8, 747 $444,080 225,68 Choose Numerator Choose Denominator: 12,376 9,464 691,600 36,400 548,697 S 34,403 Total costa and ex 2017 Earnings per share Search Additional information about the company follows. Compute the dividend yield for each year. (Round your answers to 2 decimal places.) $29.00 27.00 Common stock market price, December 31, 2017 Common stock market price, December 31, 2016 Annual caah dividenda per ahare in 2017 Annual cash dividends per share in 2016 Dividend Yield Dividend yield Choose Numerator: Choose Denominator: To help evaluate the company's profitability, compute the following ratios for 2017 and 2016: 2017 1. Return on common stockholders' equity. 2. Price-earnings ratio on December 31 3. Dividend yield
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