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Additional information about the company follows. Common stock market price, December 31, Current...

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Accounting

Additional information about the company follows.
Common stock market price, December 31, Current Year$ 32.00Common stock market price, December 31,1 Year Ago30.00Annual cash dividends per share in Current Year0.30Annual cash dividends per share 1 Year Ago0.15
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 8, which company has higher market expectations for future growth?

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