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The following condensed information was reported by Peabody Toys, Inc., for 2021 and 2020: ($ in thousands) 2021 2020 Income statement information Net sales $

The following condensed information was reported by Peabody Toys, Inc., for 2021 and 2020:

($ in thousands)
2021 2020
Income statement information
Net sales $ 6,600 $ 5,600
Net income 248 152
Balance sheet information
Current assets $ 940 $ 890
Property, plant, and equipment (net) 2,360 2,010
Total assets $ 3,300 $ 2,900
Current liabilities $ 1,720 $ 1,370
Long-term liabilities 890 890
Common stock 400 400
Retained earnings 290 240
Liabilities and shareholders equity $ 3,300 $ 2,900

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.

image text in transcribedimage text in transcribed

Required 1 Required 2 Determine the following components of the DuPont framework for 2021: Choose Numerator: Profit Margin (%) I Choose Denominator: 1 Profit Margin = Profit Margin 1 0 Choose Numerator: = Asset Turnover 1 Choose Denominator: 1 1 Asset Turnover Asset turnover = 0 Choose Numerator: Equity Multiplier I Choose Denominator: 1 1 Equity Multiplier Equity multiplier = 0 Choose Numerator: Return on Shareholders' Equity_(%) I Choose Denominator: Return on Equity 1 Return on equity 1 0 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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