v Simon Company's year-end balance sheets follow 2017 2016 2015 At December 31 Assets Cash Accounts receivable, net Merchandise inventory Prepaid expenses Plant assets, bet Total assets Liabilities and Equity Accounts payable Long-term notes payable secured by mortgages on plant assets Common stock, $10 par value Retained earnings Total liabilities and equity $ 31,700 $ 34,900 $ 36,000 89,300 62,500 59,400 106.655 3.400 56,500 10,321 10.499 4.139 322.024 303,701 223,962 $560.000 $495.000 $300,000 $142,229 $ 85,328 $ 51,665 o 1o e 1 107.86 111,573 83,980 162.500 162,500 162,500 147.885 135,599 81, 855 $560,000 $495,000 $380,000 The company's income statements for the years ended December 31, 2017 and 2016, follow Tor Year Ended December 31 Sales Cost of goods sold Other operating expenses Interest expense Income taxes Total costs and expenses Net non 2017 $ 728,000 $444,080 225.680 12,376 2016 $ 589,050 $382,883 149,00 13.50 3. 36 550.297 $ 34,753 691,600 $36.000 Earnings per share Additional information about the company follows Common stock market price, December 31, 2017 Common stock market price, December 31, 2016 Annual cash dividende per share in 2017 Annual cash dividends per share in 2016 To help evaluate the company's profitability, compute the following ratios for 2017 and 2016: 1. Return on common stockholders' equity 2. Price-earnings ratio on December 31 3. Dividend yield Complete this question by entering your answers in the tabs below. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required Compute the return on common stockholders' equity for each year. Return On Common Stockholders' Equity Choose Denominator Choose Numerator - Return On Common Stockholders' Equity Return on common stockholders'aquly - w you Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Compute the price-earnings ratio for each year. (Round your answers to 2 decimal places.) Price-Earnings Ratio 1 Choose Denominator: Choose Numerator: - Price-Earnings Ratio Price-earnings ratio 2017 2016 ( Required 1 Required 3 > Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Compute the dividend yield for each year. (Round your answers to 2 decimal places.) Dividend Yield 1 Choose Denominator: Choose Numerator: - Dividend Yield Dividend yield Required 2