Question: Refer to Simon Company s financial information in Exercises 17 7 and

Refer to Simon Company’s financial information in Exercises 17-7 and 17-9. Additional information about the company follows. To help evaluate the company’s profitability, compute and interpret the following ratios for 2014 and 2013:
(1) Return on common stockholders’ equity— percent rounded to one decimal,
(2) Price- earnings ratio on December 31— rounded to one decimal,
(3) Dividend yield— percent rounded to one decimal.
Common stock market price, December 31, 2014 . . . . . . . . $ 30.00
Common stock market price, December 31, 2013 . . . . . . . . 28.00
Annual cash dividends per share in 2014 . . . . . . . . . . . . . . . . 0.29
Annual cash dividends per share in 2013 . . . . . . . . . . . . . . . . 0.24


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  • CreatedNovember 26, 2013
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