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The following condensed information was reported by Peabody Toys, Inc., for 2021 and 2020: ($ in thousands) 2021 2020 $6,900 374 $5,900 158 Income statement
The following condensed information was reported by Peabody Toys, Inc., for 2021 and 2020: ($ 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 $ 920 2,280 $3,200 $1,310 920 700 270 $3,200 $3,600 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. Required 1 Required 2 Determine the following components of the DuPont framework for 2021: Profit Margin (%) Choose Numerator: 1 Choose Denominator: = Profit Margin = Profit Margin 0 Asset Turnover Choose Numerator: I Choose Denominator: = Asset Turnover = Asset turnover = 0 Equity Multiplier 1 Choose Denominator: Choose Numerator: = Equity Multiplier = Equity multiplier 1 / 0 Choose Numerator: Return on Shareholders' Equity (%) 1 Choose Denominator: = Return on Equity 1 = Return on equity 1 = 0 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 II 0.00%
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