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The following condensed information was reported by Peabody Toys, Inc., for 2021 and 2020: ($ in thousands) 2021 2020 $ 7,100 468 $6,100 162 Income
The following condensed information was reported by Peabody Toys, Inc., for 2021 and 2020: ($ in thousands) 2021 2020 $ 7,100 468 $6,100 162 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 $ 990 2,810 $3,800 $2,160 940 300 400 $3,800 $ 940 2,460 $3,400 $1,870 940 300 290 $3,400 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 answer in whole dollars and not in thousands.) X Answer is complete but not entirely correct. 1a. 1b. Profit margin on sales Return on assets Return on equity Dividends paid 6.6 13.0 36.3 $ 358,000 % % % 2
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