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($ in thousands) 2021 2020 Income statement information Net sales $6,900 $5,900 Net income 374 158 Balance sheet information Current assets $ 970 $ 920
($ in thousands) 2021 2020 Income statement information Net sales $6,900 $5,900 Net income 374 158 Balance sheet information Current assets $ 970 $ 920 Property, plant, and equipment (net) 2,630 2,280 Total assets $3,600 $3,200 Current liabilities $1,660 $1,310 Long-term liabilities 920 920 Common stock 700 700 Retained earnings 320 270 Liabilities and shareholders' $3,600 $3,200 equity Required: 1. Determine the following components of the DuPont framework for 2021: 2. Write an equation that relates these components in calculating ROE. Use the Peabody Toys data to show that the equation is correct. Complete this question by entering your answers in the tabs below. Required Required 2 Determine the following components of the DuPont framework for 2021: Profit Margin %) Choose Numerator: / Choose Denominator: = Profit Margin 1 Profit Margin 1 Asset Turnover Choose Numerator: 7 Choose Denominator: = Asset Turnover 1 = Asset turnover / 0 Equity Multiplier Choose Numerator: I Choose Denominator: = Equity Multiplier 1 = Equity multiplier 0 Return on Shareholders' Equity (%) Choose Numerator: I Choose Denominator: = Return on Equity 1 = Return on equity 1 0 ($ in thousands) 2021 2020 $6,900 374 $5,900 158 Income statement information Net sales Net income Balance sheet information Current assets Property, plant, and equipment (net) Total assets Current liabilities Long-term liabilities Common stock Retained earnings Liabilities and shareholders' equity $ 970 2,630 $3,600 $1,660 920 700 320 $3,600 $ 920 2,280 $3,200 $1,310 920 700 270 $3,200 Required: 1. Determine the following components of the DuPont framework for 2021: 2. Write an equation that relates these components in calculating ROE. Use the Peabody Toys data to show that the equation is correct. Complete this question by entering your answers in the tabs below. 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. (Round your answers to 2 decimal points.). Profit margin Asset turnover Equity multiplier = ROE 0.00%
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