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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 ($ in thousands) 2024 2023 $ 7,100 468 $ 6,100 162 Current assets Property, plant, and equipment (net) Total assets $ 990 2,810 $ 940 2,460 $ 3,800 $ 3,400 Current liabilities $ 2,160 $ 1,870 Long-term liabilities 940 940 Common stock 300 300 Retained earnings 400 290 Liabilities and shareholders' equity $ 3,800 $ 3,400 Required: 1. Determine the following ratios for 2024: 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 % % % do do do
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