Simon Company's year-end balance sheets follow.

The companys income statements for the Current Year and 1 Year Ago, follow.

Additional information about the company follows.

Common stock market price, December 31, Current Year	$ 31.00
Common stock market price, December 31, 1 Year Ago	29.00
Annual cash dividends per share in Current Year	0.34
Annual cash dividends per share 1 Year Ago	0.17

For both the current year and one year ago, compute the following ratios: 1. Return on 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?

For both the current year and one year ago, compute the following ratios: The company's income statements for the Current Year and 1 Year Ago, follow. Additional information about the company follows. Commonstockmarketprice,December31,CurrentYearCommonstockmarketprice,December31,1YearAgoAnnualcashdividendspershareinCurrentYearAnnualcashdividendspershare1YearAgo$31.0029.000.340.17 Compute the return on equity for each year. Compute the dividend yield for each year. (Round your answers to 2 decimal places.) Compute the price-earnings ratio for each year. (Round your answers to 2 decimal places.) Assuming Simon's competitor has a price-earnings ratio of 6 , which company has higher market expectations for future growth