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Stockholder Ratios Financial statements for steele Inc. follow. Steele Inc. Consolidated Statements of Income (in thousands except per share amounts) Steele Inc. Consolidated Balance sheets

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Stockholder Ratios Financial statements for steele Inc. follow. Steele Inc. Consolidated Statements of Income (in thousands except per share amounts) Steele Inc. Consolidated Balance sheets (in thousands) ASSETS Dec. 31, 2023 Dec. 31,2022 Current assets: Cash and equivalents Accounts receivable Inventories Other Total current assets Property and equipment, net Other assets Total assets LIABILITIES AND STOCKHOLDERS' EQUTTY Current liablities Accounts payable Accrued expenses Other current liabilities Income taxes Total current liabilities \begin{tabular}{rr} $250,363 & $309,092 \\ 347,892 & 274,220 \\ 15,700 & 0 \\ 93,489 & 137,466 \\ \hline 707,444 & $720,778 \end{tabular} Use the information provided above and below to respond to the following requirements. At January 1,2022 , total stockholders' equity was $2,083,122 and there was no preferred stock. Required: 1. Compute the earnings per share, return on common equity, dividend yield ratio, and dividend payout ratio (in percentage terms, rounded to two decimal places except for EPS, which should be rounded to nearest cent) for 2022 and 2023. 2. Conceptual Connection: Indicate whether there were significant changes in these ratios between the years ended December 31,202 and December 31,2022. Determine whether the stockholder ratios suggest that Steele was a better investment at December 31,2023 , or December 31,2022

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