Question
The following condensed information was reported by Peabody Toys, Inc., for 2018 and 2017: ($ in 000s) 2018 2017 Income statement information Net sales $
The following condensed information was reported by Peabody Toys, Inc., for 2018 and 2017: ($ in 000s) 2018 2017 Income statement information Net sales $ 5,500 $ 4,500 Net income 260 130 Balance sheet information Current assets $ 830 $ 780 Property, plant, and equipment (net) 1,370 1,020 Total assets $ 2,200 $ 1,800 Current liabilities $ 540 $ 190 Long-term liabilities 780 780 Paid-in capital 700 700 Retained earnings 180 130 Liabilities and shareholders equity $ 2,200 $ 1,800 Required: 1. Determine the following ratios for 2018: (Round your percentage answers to 1 decimal place.) 2. Determine the amount of dividends paid to shareholders during 2018. (Enter your answer in dollars.) Next Visit question mapQuestion 9 of 15 Total 9 of 15 Prev Determine (1) profit margin on sales, (2) return on assets , (3) return on shareholders equity, (4) dividends paid
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