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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
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 Income statement information Net sales $ 5,300 Net income Balance sheet information Current assets 198 $ 4,300 126 $ Property, plant, and equipment (net) 810 1,190 $ 760 840 Total assets $ 2,000 $ 1,600 Current liabilities $ 580 $ 230 Long-term liabilities 760 760 Common stock 500 500 Retained earnings 160 110 Liabilities and shareholders' equity $ 2,000 $ 1,600 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 % % %
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