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The following condensed information was reported by Peabody Toys, Incorporated, for 2024 and 2023: Income statement information Net sales Net income Balance sheet information
The following condensed information was reported by Peabody Toys, Incorporated, for 2024 and 2023: 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 Required: 1. Determine the following ratios for 2024: ($ in thousands) 2024 2023 $ 5,400 $ 4,400 228 128 $ 820 1,280 $ 2,100 $ 770 $ 1,700 930 $ 560 $ 210 770 770 600 600 170 120 $ 2,100 $ 1,700 Note: Round your percentage answers to 1 decimal place. 2. Determine the amount of dividends paid to shareholders during 2024. Note: Enter your answers in whole dollars, not in thousands. For example, $150,000 rather than 150. Answer is not complete. 1a. Profit margin on sales 4.2 % 1b. Return on assets % 1c. Return on equity 2. Dividends paid %
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