Simon Company's year-end balance sheets follow. ember 31 2816 2815 2817 Assets $ 31,700 34,eee 37,600 Cash ounts eceivable, net ory 89,700 59,400 b3,788 9,545 Prepaid expenses Plant assets, net 10,175 297,032 258,955 ,920 205,288 Total assets $525,eee $450,e0e 360,e0e Equity AcOunts navable $132,032 77,571 : 46.094 Long-term notes payable secured by 183,508 ortgages on plant assets 81,151 Retained earnings 134,729 186,429 7e.255 Total liabilities and equity $525,e00 $450,e00 360.e00 The company's income statements for the years ended December 31, 2017 and 2016, follow. For Year Ended December 31 2817 2016 Sales $682,500 535,500 21175 135.482 penses Interest expense 11,603 8,873 12.317 Income taxes 8,e33 s and expenses 503,907 34,124 31.593 Net income 2.16 1.94 Earnings per share Additional information about the company follows. Common stock market e, December 31, 2017 Common stock market price, December 31, 2816 28.00 Annual cash dividends per share in 2017 Annual cash dividends per share in 2016 e.22 .11 To help evaluate the company's profitability, compute the following ratios for 2017 and 2016: .Return on common stockholders' equity. 2. Price-earnings ratio on December 31. 3. Dividend yield. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Compute the return on common stockholders' equity for each year Return On Common Stockholders Equity Choose Denominator: Choose Numerator Return On Common Stockholders' Equity Return on common stockholders' equity - 2017 2016 Required 1 Required 2 > Simon Company's year-end balance sheets follow. At December 31 Assets 2817 2816 2815 Cash 31,708 34,e0e $ 89,70e 96,393 37,600 59,400 53,800 1.81 Accounts receivable, net Merchandise inventory Prepaid expenses Plant assets, net 63,78e points 83,800 9,545 258,955 10.175 3,928 297,032 285,280 Total assets $525,eee $450, eee 360, eee Liabilities and Equity Accounts payable Long-term notes payable secured by mortgages on plant assets Common stock, $1e par value Retained earnings eBook $132,e32 77,571 46, e94 95,739 103,50e 81,151 162,5ee 7e, 255 162,50e 162,5ee 186.429 Hint 134,729 Total 1iabilities and equity $525, eee $450, eee 360, eee Print The company's income statements for the years ended December 31, 2017 and 2016, follow. For Year Ended December 31 2016 2817 References Sales 682,50e 535,500 Cost of goods sold Other operating expenses $416, 325 211,575 $348,e75 135,482 Interest expense 11,603 12,317 Income taxes 8,873 8,033 Total costs and expenses 648.376 503.907 31,593 Net income 34,124 1.94 Earnings per share 2.10 Additional information about the company follows. Common stock market price, December 31, 2017 Common stock market price, December 31, 2016 Annual cash dividends per share in 2017 Annual cash dividends per share in 2016 30.ee 28.0e e.22 e.11 To help evaluate the company's profitability, compute the following ratios for 2017 and 2016: 1. Return on common stockholders' equity. 2. Price-earnings ratio on December 31. 3. Dividend yield. Complete this question by entering your answers in the tabs below. Required 1 Required 3 Required 2 Compute the price-earninas ratio for each vear, (Round vour answers to 2 decimal places. Price-Earnings Ratio Choose Denominator: Choose Numerator: Price-Earnings Ratio Price-earnings ratio - 2017 2016 Required 1 Required 3 Simon Company's year-end balance sheets follow. At December 31 2817 2816 2815 Assets 31,700 $ 34, eee 89,70e 96, 393 10,175 297,032 Cash 37,600 59,400 53,808 3,920 1.81 Accounts receivable, net Merchandise inventory Prepaid expenses Plant assets, net 63,70e points 83,808 9,545 258,955 285,280 Total assets $525,eee $450, eee 360, eee Liabilities and Equity Accounts payable Long-term notes payable secured by mortgages on plant assets Common stock, $10 par value Retained earnings eBook $132,032 $ 77,571 46,e94 183,50e 162,50e 186,429 95,739 162,5ee 134,729 81,151 162,50e 7e,255 Hint Total liabilities and equity $525,eee $450,e0e 360,e0e Print The company's income statements for the years ended December 31, 2017 and 2016, follow. For Year Ended Decemberr 31 2816 2817 References Sales $682,500 535,500 Cost of goods sold Other operating expenses Interest expense Income taxes $416,325 $348,075 135,482 211,575 11,603 8,873 12,317 8,033 Total costs and expenses 648,376 503,907 34,124 31,593 Net income 1.94 Earnings per share 2.10 Additional information about the company follows. Common stock market price, December 31, 2017 Common stock market price, December 31, 2016 Annual cash dividends per share in 2017 Annual cash dividends per share in 2016 $30.00 28.00 e,22 e.11 To help evaluate the company's profitability, compute the following ratios for 2017 and 2016: 1. Return on common stockholders' equity. 2. Price-earnings ratio on December 31. 3. Dividend yield Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Compute the dividend yield for each year. (Round your answers to 2 decimal places.) * . .. . .. .. .d. .. Dividend Yield IChoose Denominator: Choose Numerator: Dividend Yield - Dividend yield 2017 2016 Required 2 Required 3