Exercise 4-28 (Algo) DuPont analysis [LO4-10] The following condensed information was reported by Peabody Toys, Incorporated, for 2024 and 2023: Income statement information ($ in thousands) 2024 2023 Net sales Net income Balance sheet information Current assets Property, plant, and equipment (net) Total assets Current liabilities Long-term liabilities $ 950 2,450 $ 6,700 288 $ 5,700 154 $ 900 2,100 $ 3,400 $ 3,000 $ 1,700 $ 1,350 900 900 Common stock 500 500 Retained earnings 300 250 Liabilities and shareholders' equity $ 3,400 $ 3,000 Required: 1. Determine the following components of the DuPont framework for 2024: 2. Write an equation that relates these components in calculating ROE. Use the Peabody Toys data to show that the equation is correct. Required 1 Required 2 Determine the following components of the DuPont framework for 2024: Profit Margin (%) Choose Numerator: + Choose Denominator: = + Profit Margin =Profit Margin = Asset Turnover Choose Numerator: + Choose Denominator: = Asset Turnover + = Asset turnover = Choose Numerator: Equity Multiplier + Choose Denominator: Return on Equity (%) Choose Numerator: + Choose Denominator: = Equity Multiplier = Equity multiplier = = Return on Equity = Return on equity = Required 1 Required 2 Write an equation that relates these components in calculating ROE. Use the Peabody Toys data to show that the equation is correct. Note: Round your answers to 2 decimal places. Profit margin Asset turnover % Equity multiplier ROE =