5 10 points Exercise 4-27 (Algo) Profitability ratios [LO4-10] The following condensed information was reported by Peabody Toys, Inc., for 2021 and 2020: ( in thousands) 2021 2020 eBook Income statement information Net sales Net income Balance sheet information Current assets $6,000 250 $5,000 140 S 800 $830 Property, plant, and equipment (net) 1,820 1,470 Hint Current liabilities Total assets Long-term liabilities $2,700 $2,300 $1,140 $ 790 #30 830 Print Common stock 500 500 Retained earnings 230 100 Liabilities and shareholders' equity $2,700 $2,300 References Required: 1. Determine the following ratios for 2021: (Round your percentage answers to 1 decimal place.) 2. Determine the amount of dividends paid to shareholders during 2021. (Enter your answers in whole dollars, not in thousands. For example, $150,000 rather than 150.) 1a. Profit margin on sales 1b. Return on assets 1c. Return on equity 2. Dividends paid % % % 9 5 points Exercise 4-26 (Algo) Evaluating efficiency of asset management [LO4-10] The 2021 income statement of Anderson Medical Supply Company reported net sales of $12 million, cost of goods sold of $5.5 million, and net income of $835,000. The following table shows the company's comparative balance sheets for 2021 and 2020: eBook: Assets Cash ($ in thousands) 2021 2020 $ 440 $ 520 Accounts receivable Inventory 840 1,250 570 1,050 Property, plant, and equipment (net) 3,100 2,820 Print Total assets $5,630 $4,960 Liabilities and shareholders' equity Current liabilities $1,100 $970 References Bonds payable. 1,550 1,550 Common stock 1,700 1,700 Retained earnings 1,280 740 Total liabilities and shareholders' equity $5,630 $4,960 Required: 1. Calculate Anderson's turnover ratios for 2021. (Use 365 days a year. Round your answers to 2 decimal places.) Inventory turnover ratio Receivables turnover ratio Average collection period Asset turnover ratio times times days times