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 Interest expense Income tax expense Total costs and expenses Net income Earnings per share 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 $436,150 221,650 Current Yr 12,155 9,295 Current Yr Additional information about the company follows. $ 31,700 $ 34,900 $ 37,800 89,400 64,500 57,900 53,658 82,700 59,300 10,659 9,842 3,927 364,583 263,058 191,073 $550,000 $455,000 $350,000 $136,950 $ 78,433 $ 45,738 100,298 106,743 75,029 162,500 162,500 162,500 150,252 107,324 66,733 $550,000 $455,000 $350,000 1 Yr Ago 2 Yrs Ago $715,000 679,250 $ 35,750 $ 2.20 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 1 yr Ago $351,943 136,987 12,453 8,122 $30.00 28.00 0.38 0.19 $ 541,450 509,505 $ 31,945 $ 1.97 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 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 6, which company has higher market expectations for future growth? 3. Dividend yield. $30.00 28.00 0.38 0.19 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. Current Year: 1 Year Ago: Choose Numerator: 11 Return On Common Stockholders' Equity / Choose Denominator: 1 1 1 Required 1 Required 2 > = Return On Common Stockholders' Equity Return on common stockholders' equity %