[The following information applies to the questions displayed below.) Simon Company's year-end balance sheets follow. At December 31 Assets Current Year 1 Year Ago 2 Years Ago Cash Accounts receivable, net Merchandise inventory Prepaid expenses Plant assets, net Total assets Liabilities and Equity. Accounts payable. Long-term notes payable Common stock, $10 par value Retained earnings Total liabilities and equity $ 31,800 89,500 112,500 $ 35,625 62,500 $ 37,800 50,200 82,500 54,000 10,700 278,500 $ 523,000 $ 129,900 98,500 9,375 255,000 $ 445,000 $ 75,250 101,500 163,500 163,500 131,100 104,750 $ 523,000 $ 445,000 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. For Year Ended December 31. Sales Cost of goods sold Other operating expenses Interest expense. Income tax expense Total costs and expenses Net income Current Year $ 673,500 $ 411,225 209,550 12,100 9,525 642,400 $ 31,100 $ 1.90 Earnings per share. Additional information about the company follows. 5,000 230,500 $ 377,500 $ 51,250 83,500 163,500 79,250 $ 377,500 1 Year Ago: $ 345,500 134,980 13,300 8,845 $ 532,000 502,625 $ 29,375 $ 1.80 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 Current Year $ 411,225 209,550 1 Year Ago $ 673,500 $ 345,500 134,980 13,300 8,845 642,400 $ 532,000 Total costs and expenses Net income Earnings per share. 12,100 9,525 Additional information about the company follows. $ 31,100 $ 1.90 Common stock market price, December 31, Current Year Common stock market price, December 31, 1 Year Ago: Annual cash dividends per share in Current Year Annual cash dividends per share 1 Year Ago $ 30.00 28.00 0.29 0.24 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. 502,625 $ 29,375 $ 1.80 3b. Assuming Simon's competitor has a price-earnings ratio of 10, which company has higher market expectations for future grown Current Year 1 Year Ago Numerator: Return On Equity Denominator: 1 B " Return On Equity Return on equity % % Compute the dividend yield for each year. (Round your answers to 2 decimal places.) Current Year: 1 Year Ago: Dividend Yield Numerator: Denominator: / Dividend Yield Dividend yield " " % de de Current Year: 1 Year Ago: Numerator: Price-Earnings Ratio / Denominator: Price-Earnings Ratio Price-earnings ratio