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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 $ 6,800 $ 5,800
Net income 330 156
Balance sheet information
Current assets $ 960 $ 910
Property, plant, and equipment (net) 2,540 2,190
Total assets $ 3,500 $ 3,100
Current liabilities $ 1,680 $ 1,330
Long-term liabilities 910 910
Common stock 600 600
Retained earnings 310 260
Liabilities and shareholders equity $ 3,500 $ 3,100

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.)

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