2 2 points eBook Hint Ask Print Exercise 13-12 (Static) Analyzing profitability LO P3 Simon Company's year-end balance sheets follow. 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. Common stock, $10 par value Retained earnings Total liabilities and equity Current Yr 1 Yr Ago 2 Yrs Ago $ 35,625 $ 37,800 62,500 50,200 82,500 54,000 9,375 5,000 255,000 230,500 $ 31,800 89,500 112,500 10,700 278,500 $523,000 $445,000 $377,500 $ 75,250 $ 51,250 83,500 163,500 $129,900 98,500 101,500 163,500 163,500 131,100 104,750 79,250 $523,000 $445,000 $377,500 The company's income statements for the current year and 1 year ago, follow 2 Ye Ago References For Year Ended December 31 Sales Current Yr $673,500 $532,000 Cost of goods sold $411,225 $345,500 Other operating expenses 209,550 134,980 Interest expense 12,100 Income tax expense 9,525 13,300 8,845 Total costs and expenses Net income 642,400 $ 31,100 502,625 29,375 Earnings per share 1.90 $ 1.80 w Additional information about the company follows. Common stock market price, December 31, Current Year Common stock market price, December 31, 1 Year Ago Annual cash dividends per share in Current Year Annual cash dividends per share 1 Year Ago $ 30.00 28.00 0.29 0.24 < Prev 2 of 9 338 H Next