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The following condensed information was reported by Peabody Toys, Incorporated, for 2024 and 2023: ($ in thousands) INCOME STATEMENT INFORMATION Net sales Net income BALANCE
The following condensed information was reported by Peabody Toys, Incorporated, for 2024 and 2023: ($ in thousands) INCOME STATEMENT INFORMATION Net sales Net income BALANCE SHEET INFORMATION Current assets Property, plant, and equipment (net). Total assets 2023 $ 4,200 2024 $ 5,200 180. 124 $ 800 1,100 $ 1,900 $ 750 950 $ 1,700 Current liabilities $ 600 $ 450 Long-term liabilities 750 750 Common stock. 400 400 Retained earnings 150 100 Liabilities and stockholders' equity. $1,900 $1,700 Required: 1. Determine the following components of the DuPont framework for 2024: 2. Write an equation that relates these components in calculating ROE. Use the Peabody Toys data to show the equation is correct. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Determine the following components of the DuPont framework for 2024: Note: Round your answers to 2 decimal places. a. Profit margin b. Asset turnover % times c. Equity multiplier (leverage) d. Return on equity % E Next > The following condensed information was reported by Peabody Toys, Incorporated, for 2024 and 2023: ($ in thousands) 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 2024 2023 $ 5,200 $ 4,200 180 124 $ 800 1,100 $ 750 950 $ 1,900 $ 1,700 $ 600 $ 450 750 750 400 400 150 100 $1,900 $ 1,700 Help Liabilities and stockholders' equity 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 the equation is correct. Complete this question by entering your answers in the tabs below. Required 11 Required 2 Write an equation that relates these components in calculating ROE. Use the Peabody Toys data to show the equation is correct. Note: Round your answers to 2 decimal places. Profit margin Asset turnover % Equity multiplier ROE
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