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Exercise 13-11 Profitablty anolysh LO P3 Simon Companys yearend balance sheets follow Aasats 31.4006 34,300 36,800 88,90064,80052,800 54.01683.60056,400 3,450 350,722 248,060 170,550 Accounta sacolvable, nat Propaid oxpenses plant assete net Total apseta Itabinitias and Equity Accounts payable Long-tarm notes payabie 9acured 9.962 9.240 535, 000 6440.000 320,000 6133,215 5 72,873 42, 662 mortgages an plant aaseta Common stock.510 par value 101,586 104,23669,306 162,500 162,500162,500 137, 699 100,39145, 532 Total liabilities and aquity 5535, 000 5440,000 $320,000 The companys income statements for the years ended December 31, 2017 and 2016. follow. Sales Cost ot geoda sold 5695,500 5323,600 5424,255 5340,340 132,471 12,043 Othas operating axpensea 215, 60 11,824 .042 Income taxesa Total costa and axpenaaa iet incoma Darninga per aharc 560, 7262854 34.774 2.14 492.708 30,892 1.90 Additional information about the company follows. Commen atock marxat prica. Decab 31, 2017 Annual caah dl-idanda per aare in 2017 Annual caan dividanda per ahaze in 2016 530.00 23 00 0.24 0.17 To help evaluste the companys profitability. compute the following ratios for 2017 and 2016: 1. Retum on common stockholders equity 2. Price-earmings ratio on December 31 3. Dividend yield Complete this question by entering your answers in the tabs below. e here to search

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