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Simon Company's year-end balance sheets follow. Roured2 Roured Roguid Asia's mor has a prices off, which company has her market expectations for the 29 Current
Simon Company's year-end balance sheets follow. Roured2 Roured Roguid Asia's mor has a prices off, which company has her market expectations for the 29 Current Years At Deceber 31 Year 1 Year age Aga Assets Cash 334,373 5 40,015 41,674 Accounts receivable net 36,24271,42735, 111 Merchandise inventory 121,006 99, 59, 189 Drepaid expenses 10,91410,7242,585 Plant asseta, net 317, 486 282,724 231, 141 Total aggeta $ 580,223 $ 500, 192 $ 412, 700 Liabilities and Equity ********* Accounts payable 147, 26515 81.99694.678 Long-term potes payable 105.300 119,046 92, 1:19 Common stock, $10 par value163.500 162,5001 162,200 Retained earninga 162, 458140, 632 163, 665 Total 112111ties and equity $ 580,223 $ 300,192 $ 412,700 The company's income statements for the Current Year and 1 Year Ago, follow What ( Meani 1. Return on common stockholders' equity 2. Dividend yield. 3a. Price-earnings ratio on December 31 3b. Assuming Simon's competitor has a price-earnings ratio of 6, which company has higher market expectations for future growth? Resuired: 34 Recured? Regined Regined Compute the incomanadesequity for each yea BOLCS Runon Canon Return on como Preferred 1 year ago Required) Required Required 2 Required A Required Compute the dividend yield for each year. (Round your answers to 2 decimal places) De Numer 1 Donator: 1. 1 - Dende - Did you wwws Comen Your 1 Year Age For Year Ended December Current Year 1 Year ago 31 Sales 754,290 595, 228 ***** Coat of goods 2014 460,117 386,098 Other operating expenses 233, 830 190,393 Intereat expense 12, 822 13,690 Income tax expense 9,806 8, 928 Total costs and expenses 716.596 560, 109 Net Income $ 37,714 $ 35,119 Earnings per share 5 2.32 $ 2.16 Required > Required: Required2 Required Required Compute the price-camins ratio for each year round your answers to 2 dedmal places PREB Nuwa - Price Earnings Ratio Postate Additional information about the company follows. TAK Connon atock market price, December 31, Current Year s 29.00 Carbon atock market price, December 31. 1 Year 294 27.00 Annual cash dividenda per ahare in Current Year 10.28 Annual cash dividenda per ahare 1 Year Ag90.14
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