At December 31	Current Yr			1 Yr Ago			2 Yrs Ago
Assets
Cash	$	31,800		$	34,500		$	36,400
Accounts receivable, net		89,000			63,200			55,300
Merchandise inventory		99,421			84,600			51,500
Prepaid expenses		9,768			10,187			3,410
Plant assets, net		300,011			302,513			163,390
Total assets	$	530,000		$	495,000		$	310,000
Liabilities and Equity
Accounts payable	$	131,970		$	83,655		$	41,329
Long-term notes payable secured by mortgages on plant assets		99,640			112,711			70,565
Common stock, $10 par value		162,500			162,500			162,500
Retained earnings		135,890			136,134			35,606
Total liabilities and equity	$	530,000		$	495,000		$	310,000

The companys income statements for the Current Year and 1 Year Ago, follow.

For Year Ended December 31	Current Yr						1 Yr Ago
Sales				$	689,000					$	589,050
Cost of goods sold	$	420,290					$	382,883
Other operating expenses		213,590						149,030
Interest expense		11,713						13,548
Income tax expense		8,957						8,836
Total costs and expenses					654,550						554,297
Net income				$	34,450					$	34,753
Earnings per share				$	2.12					$	2.14

Additional information about the company follows.

Common stock market price, December 31, Current Year	$	28.00
Common stock market price, December 31, 1 Year Ago		26.00
Annual cash dividends per share in Current Year		0.30
Annual cash dividends per share 1 Year Ago		0.15

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 7, which company has higher market expectations for future growth? 3. Dividend yield.