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Use the following information for the Exercises below. (Algo) [The following information applies to the questions displayed below.] Simon Company's year-end balance sheets follow. For

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Use the following information for the Exercises below. (Algo) [The following information applies to the questions displayed below.] Simon Company's year-end balance sheets follow. For both the current year and one year ago, compute the following ratios: Exercise 13-11 (Algo) Analyzing profitability LO P3 The company's income statements for the Current Year and 1 Year Ago, follow. Additional information about the company follows. 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 8 , which company has higher market expectations for future growth? Which company has higher market expectations for future growth

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