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Exercise 4-28 DuPont analysis LO4-10] The following condensed information was reported by Peabody Toys, Inc., for 2018 and 2017: in 000s 2018 2017 Income statement
Exercise 4-28 DuPont analysis LO4-10] The following condensed information was reported by Peabody Toys, Inc., for 2018 and 2017: in 000s 2018 2017 Income statement information Net sales Net income Balance sheet information Current assets Property, plant, and equipment (net) $5,300 $4,300 126 198 $ 810 $ 760 840 1,190 Total assets Current liabilities Long-term liabilities Paid-in capital Retained earnings $2,000 $1,600 $ 580 230 760 500 110 760 500 160 Liabilities and shareholders' equity $ 2,000 $1,600 Required: 1. Determine the following components of the DuPont framework for 2018 2. Write an equation that relates these components in calculating ROE. Use the Peabody Toys data to show that the equation is correct
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