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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 | $ | 5,600 | $ | 4,600 | |||
Net income | 294 | 132 | |||||
Balance sheet information | |||||||
Current assets | $ | 840 | $ | 790 | |||
Property, plant, and equipment (net) | 1,460 | 1,110 | |||||
Total assets | $ | 2,300 | $ | 1,900 | |||
Current liabilities | $ | 1,020 | $ | 670 | |||
Long-term liabilities | 790 | 790 | |||||
Common stock | 300 | 300 | |||||
Retained earnings | 190 | 140 | |||||
Liabilities and shareholders equity | $ | 2,300 | $ | 1,900 | |||
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