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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, net 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 $ 31,300 $ 34,100 $ 37,500 89,900 62,900 52,500 92,939 84,100 59,600 11,057 9,639 3,342 339,804 259,261 157,058 $565,000 $450,000 $ 310,000 $137,871 $ 74,529 $ 41,738 105,158 106,605 66,455 162,500 162,500 162,500 159,471 106,366 39,307 $565,000 $450,000 $ 310,000 The company's income statements for the years ended December 31, 2017 and 2016, follow. For Year Ended December 31 Sales Cost of goods sold Other operating expenses Interest expense Income taxes Total costs and expenses Net income 2017 $734,500 $448,045 227,695 12,487 9,549 697,776 $36,724 2016 $ 535,500 $ 348,075 135,482 12,317 8,033 503,907 $ 31,593 Earnings per share $ 2.26 $ 1.94 Additional information about the company follows. Common stock market price, December 31, 2017 Common stock market price, December 31, 2016 Annual cash dividends per share in 2017 Annual cash dividends per share in 2016 $ 30.00 28.00 0.36 0.18 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.vield

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