Annual cash dividends per share 1 Year Ago 0.17 For both the Current Year and 1 Year Ago, compute the following ratios: 1. Return on common stockholders' equity. 2. Price-earnings ratio on December 31. 2a. Assuming Simon's competitor has a price-earnings ratio of 8, which company has higher market expectations for futur growth? 3. Dividend yield. Complete this question by entering your answers in the tabs below. Requited 1 Required 3 Required 2 Required 2a Compute the return on common stockholders' equity for each year. Return On Common Stockholders' Equity Return On Common Stockholders" Equity Choose Denominator: Choose Numerator: Return on common stockholders equity Average common stockholders" equity Preferred dividends Net income 0% Current Year $ 33,800 0% 31,593 1 Year Ago: Required 2 Check my work 6 Common stock, $10 par value Retained earnings Total liabilities and equity 162,500 109,746 $520,000 $450,000 $370,000 162,500 133,193 162,500 78,685 42 The company's income statements for the Current Year and 1 Year Ago, follow. polnts For Year Ended December 31 Sales Current Yr $676,000 1 Yr Ago $535,500 Cost of goods sold Other operating expensen Interest expense Income tax expense Total costs and expenses eBook $412,360 209,560 11,492 8,788 $348,075 135,482 12,317 8,033 Hint Print 642,200 $ 33,800 503,907 $31,593 Net income References $ 2.08 1.94 Earnings per share Additional information about the company follows. Common stoek market price, December 31, Current Year 30.00 Common atock market price, December 31, 1 Year Ago Annual cash dividends per share in Current Year Annual cash dividends per share 1 Year Ago 28.00 0.34 0.17 For both the Current Year and 1 Year Ago, compute the following ratios: 1. Return on common stockholders' equity 2. Price-earnings ratio on December 31 2a. Assuming Simon's competitor has a price-aarnings ratio of 8, which company has higher market expectations for future growth? 3. Dividend yield. xercise 13-11 Analyzing profitablity LO P3 Simon Company's year-end balance sheets follow. Current At December 31 1 Yr Ago 2 Yrs Ago Yr Assets Cash $31,400 $ 35,000 $ 36,900 64,500 82,900 9,166 258,434 Accounts receivable, net Merchandise inventory Prepaid expenses Plant assets, net 52,200 55,800 4,111 220,989 89,800 31,067 10,078 357,655 Total assets $520, 000 8450, 000 370, 000 Liabilities and Equity Accounts payable Long-term notes payable secured by mortgages on plant assets Common stock, $10 par value Retained earnings $129,480 75,289 47,863 102,465 162,500 109,746 94,827 162,500 133,193 ,952 162,500 78,685 Total liabilities and equity $520,000 $450,000 $370,000 he company's income statements for the Current Year and 1 Year Ago, follow. For Year Ended December 31 Current Yr 1 Yr Ago $535,500 Sales $676,000 Cost of goods sold Other operating expenses Interest expense $412,360 209,560 11,492 8,788 $348,075 135,482 12,317 8,033 Income tax expense Total costs and expenses 642,200 503,907 $33,800 Net income $31,593 Earnings per share 2.08 1.94