Question: Please help me solve this Required information [The following information applies to the questions displayed below.] Simon Company's year-end balance sheets follow. For both the
Please help me solve this
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Required information [The following information applies to the questions displayed below.] 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. Common stock market price, December 31, Current Year $30.00 Common stock market price, December 31, 1 Year Ago 28.00 Annual cash dividends per share in Current Year 0.29 Annual cash dividends per share 1 Year Ago 0.24 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? Complete this question by entering your answers in the tabs below. Compute the return on equity for each year. Complete this question by entering your answers in the tabs below. Compute the dividend yield for each year. Note: Round your answers to 2 decimal places. Complete this question by entering your answers in the tabs below. Compute the price-earnings ratio for each year. Note: Round your answers to 2 decimal places. Complete this question by entering your answers in the tabs below. Assuming Simon's competitor has a price-earnings ratio of 10 , which company has higher market expectations for future growth? Which company has higher market expectations for future growth
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