Simon Companys year-end balance sheets follow. ...

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Accounting

Simon Companys year-end balance sheets follow.

At December 31 2014 2013 2012
Assets
Cash $ 34,855 $ 40,742 $ 42,436
Accounts receivable, net 102,052 70,572 57,164
Merchandise inventory 129,607 97,101 60,867
Prepaid expenses 11,568 11,131 4,812
Plant assets, net 324,740 300,128 276,621
Total assets $ 602,822 $ 519,674 $ 441,900
Liabilities and Equity
Accounts payable $ 151,604 $ 85,190 $ 60,081
Long-term notes payable secured by mortgages on plant assets 113,331 117,135 97,660
Common stock, $10 par value 162,500 162,500 162,500
Retained earnings 175,387 154,849 121,659
Total liabilities and equity $ 602,822 $ 519,674 $ 441,900

The companys income statements for the years ended December 31, 2014 and 2013, follow.

For Year Ended December 31 2014 2013
Sales $ 783,669 $ 618,412
Cost of goods sold $ 478,038 $ 401,968
Other operating expenses 242,937 156,458
Interest expense 13,322 14,223
Income taxes 10,188 9,276
Total costs and expenses 744,485 581,925
Net income $ 39,184 $ 36,487
Earnings per share $ 2.41 $ 2.25

Additional information about the company follows.

Common stock market price, December 31, 2014 $33.00
Common stock market price, December 31, 2013 31.00
Annual cash dividends per share in 2014 0.22
Annual cash dividends per share in 2013 0.11

To help evaluate the company's profitability, compute the following ratios for 2014 and 2013:

(1) Return on common stockholders' equity.
(2) Price-earnings ratio on December 31. (Round your answers to 2 decimal places.)
(3) Dividend yield. (Round your answers to 2 decimal places.)

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