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 $ 31,100 $ 35,000 $37,800 88,300 62,000 52,500 61,940 84,200 52,500 9,875 9,532 3,665 333, 785 254, 268 193,535 $525,000 $445,000 $340,000 $134,647 $ 75,957 $ 45,329 100,674 101,326 74,389 162,500 162,500 162,500 127, 179 105,217 57, 782 $525,000 $445,000 $340,000 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 $682,500 $416, 325 211,575 11,603 8,873 648,376 $ 34,124 1 Yr Ago $ 529,550 $344,208 133,976 12,180 7,943 498,307 $ 31,243 $ 2.10 $ 1.92 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 $32.00 30.00 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 7, which company has higner mark 3. Dividend yield. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 2a Required 3 Com 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 Retum on common stockholders' equity ? Current Year: 1 Year Ago: TERTE 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-Eames Ratio Choose Denominator 1 Price-Earnings Ratio Price-earnings ratio 1 Current Year: 1 Year Ago: 1 Complete this question by entering your answers in the tabs below. cos Required 1 Required 2 Required 2a Required 3 Assuming Simon's competitor has a price-earnings ratio of 7, which company has higher market expectations for future growth? Which company has higher market expectations for future growin? Required 1 Required 2 Required 2a Required 3 Compute the dividend yield for each year. (Round your answers to 2 decimal places.) Choose Numerator Dividend Yield 1 Choose Denominator: Dividend Yield Dividend yield % 1 Current Year: 1 Year Ago %