Simon Company's year-end balance sheets follow. Current Yr 1 Yr Ago 2 Yrs Ago $ 31,300 $ 35,000 $ 37,500 88,000 64,800 59,200 80, 408 83,500 57,000 10,271 10,187 3,734 320,021 301,513 192,566 $530,000 $495,000 $350,000 sok 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 nt int $131,970 $ 82,818 $ 47,586 ences 98,644 113,850 76,576 162,500 162,500 162,500 136,886 135, 832 63,338 $530,000 $495,000 $350,000 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 $689,000 $ 420,290 213,590 11,713 8,957 654,550 $ 34,450 1 Yr Ago $ 589,050 $382,883 149,030 13,548 8,836 554,297 $ 34,753 $ 2.12 $ 2.14 Additional information about the new fallava 6 Additional information about the company follows. $ 33.00 2. points 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 31.00 0.22 0.11 eBook For both the Current Year and 1 Year Ago, compute the following ratios: Hint Print 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. References 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: 1 Choose Denominator: Return On Common Stockholders' Equity Return on common stockholders' equity 0 % Net income Average common stockholders' equity - Preferred dividends Current Year: $ 689,000 - 1 1 Year Ago: 1 0 % Complete this question by entering your answers in the tabs below. 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 1 Choose Denominator: / Price-Earnings Ratio Price-earnings ratio II 11 0 Current Year: 1 Year Ago: 1 II 0 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 Denominator: Choose Numerator: = Dividend Yield Dividend yield 0 % Current Year: 1 Year Ago 0 %