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 $ 34,100 $ 36,500 88,300 64,800 53, 100 54,278 83,900 51,800 10,459 9,472 4,070 360,463 272, 728 224,530 $545,000 $465,000 $370,000 $132,991 $ 80,157 $ 49,328 101,435 105,880 82,588 162,500 162,500 162,500 148,074 116,463 75,584 $545,000 $465,000 $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 Earnings per share Current Yr $708,500 $432,185 219,635 12,045 9,211 673,076 $ 35, 424 1 Yr Ago $ 553,350 $359,678 139,998 12,727 8,300 520,703 $ 32,647 $ 2.01 $ 2.18 Additional information about the company follows. COLUNU Value Retained earnings Total liabilities and equity & VAJU LV4TV 148,074 116,463 75,584 $545,000 $465,000 $370,000 7 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 expenses Income tax expense Total costs and expenses Net income Earnings per share 1 yr ago $ 553, 350 $ 359,678 139,998 12,727 8,300 520, 203 $ 32,647 hces Current Yr $708,500 $432,185 219,635 12,045 9,211 673,076 $ 35,424 S 2.18 $ 2.01 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 canh dividends per share 1 Year Ago $29.00 27.00 0.36 0.18 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 US. 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 grow 3. Dividend yield Complete this question by entering your answers in the tabs below. nces 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 1 Required 2 > 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 gr 3. Dividend yield. Complete this question by entering your answers in the tabs below. nces Required 1 Required 2 Required 2a Required 3 Compute the price-earnings ratio for each year. (Round your answers to 2 decimal places.) Choose Numerator: Price-Earnings Ratio Choose Denominator: - Price-Earnings Ratio Price-earnings ratio Current Year: 1 Year Ago: (Required 1 Required 2a > 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. 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 6, which company has higher market expectations for future growth? Which company has higher market expectations for future growth? 1. Re 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 Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 2a Required 3 Compute the dividend yield for each year. (Round your answers to 2 decimal places.) Dividend Yield Choose Numerator: 1 Choose Denominator: Dividend Yield Dividend yield % Current Year: 1 Year Ago