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

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The following condensed information was reported by Peabody Toys, Inc., for 2021 and 2020: ($ in thousands) Income statement information Net sales Net income Balance sheet information Current assets Property, plant, and equipment (net) Total assets Current liabilities 2021 $ 6,200 324 $ 900 2,000 $ 2,900 2020 $5,200 144 $ 850 1,650 $ 2,500 $ 1,100 $ 750 Long-term liabilities 850 850 Common stock 700 700 Retained earnings 250 200 Liabilities and shareholders' equity $ 2,900 $ 2,500 Check my work Required: 1. Determine the following ratios for 2021: (Round your percentage answers to 1 decimal place.) 2. 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.) 1a. Profit margin on sales 1b. Return on assets 1c. Return on equity 2. Dividends paid 5.2% % % 888

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