Exercise 12-9 (Algo) Calculate profitability ratios (LO12-4) The following condensed Information is reported by Beany Baby Collectibles. 2024 $11,712,000 2023 $8,700,000 7,624,512 6,200,000 376,980 278,000 $1,630,000 $1,530,000 2,230,000 1,930,000 $3,860,000 $3,460,000 $1,230,000 $930,000 1,470,000 1,470,000 830,000 830,000 330,000 $3,860,000 230,000 $3,460,000 Income Statement Information Sales revenue Cost of goods sold Net income Balance Sheet Information Current assets Long-term assets Total assets Current liabilities Long-term liabilities: Common stock Retained earnings Total liabilities and stockholders' equity Required: 1. Calculate the following profitability ratios for 2024: 2. Determine the amount of dividends paid to shareholders in 2024. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Calculate the following profitability ratios for 2024: (Round your answers to 1 decimal place.)