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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

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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 Current assets Property, plant, and equipment (net) Total assets Current liabilities ($ in thousands) 2024 2023 $ 6,100 286 $ 890 1,910 $ 5,100 142 $ 840 1,560 $ 2,400 $ 2,800 $ 1,120 $ 770 Long-term liabilities 840 8401 Common stock 600 600 Retained earnings 240 190 Liabilities and shareholders' equity. $ 2,800 $ 2,400 Required: 1. Determine the following components of the DuPont framework for 2024: 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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