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E 4-27 Profitability ratios LO4-10 The following condensed information was reported by Peabody Toys, Inc., for 2024 and 2023: Required: 1. Determine the following ratios

image text in transcribed E 4-27 Profitability ratios LO4-10 The following condensed information was reported by Peabody Toys, Inc., for 2024 and 2023: Required: 1. Determine the following ratios for 2024 : a. Profit margin on sales b. Return on assets c. Return on equity 2. Determine the amount of dividends paid to shareholders during 2024

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