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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 $ 4,200 124 $ 5,200 180 $ 800 1,180 $ 750 950 $ 1,700 $ 1,900 $ 600 $ 450 750 750 400 400 150 $ 1,900 100 $ 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. 1a. Profit margin on sales 1b. Return on assets 1c. Return on equity 2. Dividends paid % 96 96
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