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, $10 par value Retained earnings Total liabilities and equity $ 31,500 $ 34,900 $ 36,100 88,400 62,900 56,600 94,190 82,000 57,500 11,240 9,364 4,111 354,670 265,836 215,689 $580,000 $455,000 $370,000 $141,532 $ 78,433 $ 49,817 105, 769 107,790 82,588 162,500 162,500 162,500 170, 199 106,277 75,095 $580,000 $455,000 $370,000 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 Income tax expense Total costs and expenses Net income Current Yr $ 754,000 $ 459,940 233, 740 12,818 9,802 716,300 $ 37,700 1 Yr Ago $ 541,450 $351,943 136,987 12,453 8,122 509,505 $ 31,945 $ 1.97 Earnings per share $ 2.32 Additional information about the company follows. $32.00 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 0.32 0.16 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 7, which company has higher market expectations for future growth? 3. Dividend yield