Simon Company's year-end balance sheets follow Current ve 1 yr Ago 2 Yrs Ago At Deceber 31 Assets Cash Accounts receivabile, 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 Tatal liabilities and equity 531,100 $ 34,800 $ 36,100 88,700 62,200 52,500 53,752 83,200 54,300 18,267 9,981 4,039 351,181 294,819 213.861 5535,000 $485,000 $360,000 $131,583 $ 81,145 548,470 160,580 108,203 31,947 162,500 162,500 162,500 140,037 133,152 67,083 5535,000 5485,000 5 360,000 The company's income statements for the current Year and 1 year ago, follow En Year Ended December 31 Sales Cost of goods sold Other operating expenses Interest expense Income tax expense Total costs and expenses Bet income farnings per share Current 5695,500 $424,255 215,665 11,824 9.042 660 226 $ 34,774 5 2.14 1 Yr Ago 5577,150 $375,145 146,019 13,274 543,098 $ 34,052 $ 2.10 Additonal information about the company follows Cenon stock market price, December 31, Current Year Common stock market price, December 31, 1 Year Ago Antual cash dividends per share in Current Year Annual cash dividends per Share 1 Year ago $ 33.00 31.00 0.28 2.14 For both the Current Year and 1 Year Ago, compute the following ratios 1. Return on common stockholders' equity 2. Price camnings ratio on December 31 20. Assuming Simon's competitor has a price-earnings ratio of 8, which company has higher market expectations for future growin? 3. Dividend yield 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 8, 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 Choose Denominator Return On Common Stockholders' Equity Return on common stockholders equity Current Year: 1 Year Ago Required 2 > 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 8, 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 Compute the price earnings ratio for each year. (Round your answers to 2 decimal places.) Price-Earnings Ratio 1 Choose Denominator: Choose Numerator: Price-Earnings Ratio Price-earnings ratio 1 Current Year 1 Year Ago: = For both the Current Year and 1 Year Ago compute the following ratios: 1. Return on common stockholders' equity 2. Price-eamings ratio on December 31 2a. Assuming Simon's competitor has a price earnings ratio of 8, 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 Assuming Simon's competitor has a price-earnings ratio of 8, which company has higher market expectations for future growth? We company has higher market expectations for future growth? For both the Current Year and 1 Year Ago compute the following ratios 1. Return on common stockholders' equity 2. Price-earings ratio on December 31 2a. Assuming Simon's competitor has a price-earnings ratio of 8, 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 2 Required 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 1 Current Year 1 Year Ago - %
