The company's income statements for the Current Year and 1 Year Ago, follow. For Year Ended December 31 Sales Cost of goods sold Other operating expenses Interest expense Income tax expense Total costs and expenses Net income Earnings per share Current Year $ 811, 409 $ 494,959 251,537 13,794 10,548 770,838 $ 40,571 1 Year Ago $ 640,303 $ 416,197 161,997 14,727 9,605 602,526 $ 37,777 $ 2.50 $ 2.32 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 0.32 Annual cash dividends per share 1 Year Ago 0.16 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 8, which company has higher market expectations for future grow Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required A Required 38 Compute the return on equity for each year, Return On Equity Numerator Denominator Return On Equity