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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 | $ | 6,400 | $ | 5,400 | |||
Net income | 406 | 148 | |||||
Balance sheet information | |||||||
Current assets | $ | 920 | $ | 870 | |||
Property, plant, and equipment (net) | 2,180 | 1,830 | |||||
Total assets | $ | 3,100 | $ | 2,700 | |||
Current liabilities | $ | 1,500 | $ | 1,210 | |||
Long-term liabilities | 870 | 870 | |||||
Common stock | 400 | 400 | |||||
Retained earnings | 330 | 220 | |||||
Liabilities and shareholders equity | $ | 3,100 | $ | 2,700 | |||
Required:
- Determine the following ratios for 2021: (Round your percentage answers to 1 decimal place.)
- 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.)
rev: 01_03_2020_QC_CS-185880
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Profit Margin of Sales %
Return on Asset %
Return on Equity %
Dividend paid
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