ces Required Information [The following information applies to the questions displayed below.] Simon Company's year-end

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answerhappygod
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ces Required Information [The following information applies to the questions displayed below.] Simon Company's year-end

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Ces Required Information The Following Information Applies To The Questions Displayed Below Simon Company S Year End 1
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ces Required Information [The following information applies to the questions displayed below.] 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 Year Earnings per share $ 31,800 89,500 112,500 10,700 278,500 $ 523,000 $ 129,900 98,500 163,500 131,100 $ 523,000 $ 411,225 209,550 12,100 9,525 Current Year $ 673,500 1 Year Ago $ 35,625 62,500 82,500 642,400 $ 31,100 $ 1.90 9,375 255,000 $445,000 $75,250 101,500 The company's income statements for the current year and 1 year ago, follow. 1 Year Ago For Year Ended December 31 Sales Cost of goods soldi other operating expenses Interest expense Income tax expense Total costs and expenses Net income 163,500 104,750 $ 445,000 $ 345,500 134,980 13,300 8,845 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 For both the current year and one year ago, compute the following ratios: 2 Years Ago $ 30.00 28.00 0.29 0.24 $ 37,800 50,200 54,000 5,000 230,500 $ 377,500 $ 51,250 83,500 163,500 79,250 $.377,500 $ 532,000 502,625 $ 29,375 $ 1.80
1. Return on equity. 2. Dividend yield. 36. 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. Required 1 Required 2 Required 3A Required 38 Compute the return on equity for each year. Current Year 1 Year Ago Numerator: Return On Equity Denominator: Required 2 > Return On Equity Return on equity 0 % 0%
1. Return on equity. 2. Dividend yield. 36. 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. Required 1 Required 2 Required 3A Compute the dividend yield for each year. (Round your answers to 2 decimal places.) Current Year: 1 Year Ago: Required 38 Numerator: Dividend Yield < Required 1 Denominator: Required 3A > Dividend Yield Dividend yield 0% 0 %
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. Required 1 Required 2 Required 3A Required 38 Compute the price-earnings ratio for each year. (Round your answers to 2 decimal places.) Price Earnings Ratio Current Year: 1 Year Ago: Numerator: < Required 2 Denominator: Price-Earnings Ratio) Price-earnings ratio Required 38 > 0 0
1. Return on equity. 2. Didend 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. Required 1 Required 2 Required 3A Required 38 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? < Required 3A Requited 38 D
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