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Simon Company's year-end balance sheets follow. Current Yr 1 Yr Ago 2 Yrs Ago At December 31 Assets Cash Accounts receivable, net Merchandise inventory Prepaid

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Simon Company's year-end balance sheets follow. Current Yr 1 Yr Ago 2 Yrs Ago 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, sie par value Retained earnings Total liabilities and equity $ 31,800 89,528 112,580 18,780 278,500 $523, ose $ 35,625 $ 37,828 62. See Se, 280 82,580 54,22 9.375 5, cea 255.ee 230, Sea $445,00 $ 377,500 $129,900 $ 75,250 $ 51,250 98,52e 163,52 131, 120 $523,20 101.5e 83,589 163,500 163,500 184,750 79,250 $445,228 $ 377,588 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 Income tax expense Total costs and expenses Net income Current Yr $673,50 $411,225 289,552 12,180 9.525 642,400 $ 31, 10e 1.90 1 Yr Age $ 532.ee $345, 520 134,988 13,320 8,845 522,625 $ 29,375 $ 1.80 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 $ 30.00 28.ee @.29 2.24 For both the Current Year and 1 Year Ago, compute the following retios: 1. Return on common stockholders' equity. 2 Price-esrnings ratio on December 31. 2a. Assuming Simon's competitor hes a price-earnings ratio of 10, which company has higher merket 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 1 Choose Denominator: Choose Numerator: Return On Common Stockholders' Equity Return an common stockholders' equity Current Year 1 Year Ago % (Required 1 Required 2 >

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