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[ The following information applies to the questions displayed below. ] Simon Company's year - end balance sheets follow. For both the current year and
The following information applies to the questions displayed below.
Simon Company's yearend balance sheets follow.
For both the current year and one year ago, compute the following ratios:
The company's income statements for the Current Year and Year Ago, follow.
Additional information about the company follows.
Common stock market price, December Current Year
Common stock market price, December Year Ago
Annual cash dividends per share in Current Year
Annual cash dividends per share Year AgO
For both the current year and one year ago, compute the following ratios:
Return on equity.
Dividend yield.
a Priceearnings ratio on December
b Assuming Simon's competitor has a priceearnings ratio of 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. Fill in Return on Equity form at bottom of sheet. Numerator answer choices, Accounts receivable net, Average common stockholders equity, Cost of goods sold, Current assets, Current liabilities, net income, net sales, preferred dividends Denominator choices Average accounts receivable net, Average common stockholders equity, current assets, current liabilities, end of year common stockholders equity, net income, net sales, preferred dividends
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