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Simon Company's year-end balance sheets follow. For both the current year and one year ago, compute the following ratlos: Exerclse 17.11 (Algo) Analyzing profltabllity LO
Simon Company's year-end balance sheets follow. For both the current year and one year ago, compute the following ratlos: Exerclse 17.11 (Algo) Analyzing profltabllity LO P3 The company's Income statements for the Current Year and 1 Year Ago, follow. Additional Information about the company follows. For both the current year and one year ago, compute the following ratlos: 1. Return on equity. 2 Dividend yleld. 3a. Price-earnings ratio on December 31. 3b. Assuming Simon's competitor has a price-earnings ratlo of 7, which company has higher market expectations for future growth? Complete this question by entering your answers in the tabs below. Compute the return on equity for each year. Complete this question by entering your answers in the tabs below. Compute the dividend yield for each year. Note: Round your answers to 2 decimal places. Complete this question by entering your answers in the tabs below. Compute the price-eamings ratio for each year. Note: Round your answers to 2 decimal places
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