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The following condensed information was reported by Peabody Toys, Inc., for 2018 and 2017: (s in 000s 2018 2017 Income statement information Net sales Net
The following condensed information was reported by Peabody Toys, Inc., for 2018 and 2017: (s in 000s 2018 2017 Income statement information Net sales Net income Balance sheet information Current assets Property, plant, and equipment (net) $6,900 $5,900 158 374 $ 970 920 2,280 $3,600 $3,200 $1,660 $1,310 920 700 270 $3,600 $3,200 2,630 Total assets Current liabilities Long-term liabilities Paid-in capital Retained earnings 920 700 320 Liabilities and shareholders' equity Required 1. Determine the following components of the DuPont framework for 2018 2. Write an equation that relates these components in calculating ROE. Use the Peabody Toys data to show that the equation is correct
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