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The following condensed information was reported by Peabody Toys, Incorporated, for 2024 and 2023: ($ in thousands) 2024 2023 Income statement information Net sales $

The following condensed information was reported by Peabody Toys, Incorporated, for 2024 and 2023:

($ in thousands)
2024 2023
Income statement information
Net sales $ 6,000 $ 5,000
Net income 250 140
Balance sheet information
Current assets $ 880 $ 830
Property, plant, and equipment (net) 1,820 1,470
Total assets $ 2,700 $ 2,300
Current liabilities $ 1,140 $ 790
Long-term liabilities 830 830
Common stock 500 500
Retained earnings 230 180
Liabilities and shareholders equity $ 2,700 $ 2,300

Required:

Determine the following components of the DuPont framework for 2024:

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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Complete this question by entering your answers in the tabs below. Write an equation that relates these components in calculating ROE. Use the Peabody Toys data to show that the equation correct. Note: Round your answers to 2 decimal places. Determine the following components of the DuPont framework for 2024

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