Question: I only need help with 3A and 3B. Simon Company's year-end balance sheets follow. For both the current year and one year ago, compute the
I only need help with 3A and 3B.
Simon Company's year-end balance sheets follow. For both the current year and one year ago, compute the following ratios: The company's income statements for the current year and 1 year ago, follow. Additional information about the company follows. For both the current year and one year ago, compute the following ratios: 1. Return on equity. 2. Dividend yield. 3a. Price-earnings ratio on December 31 . 3b. Assuming Simon's competitor has a price-earnings ratio of 10 , which company has higher market expectations for future growth
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