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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 Current liabilities Long-term liabilities Common stock Retained earnings Liabilities and stockholders' equity 2024 $ 5,200 180 $800 1,100 $ 1,900 $ 600 750 400 150 $ 1,900 2023 $ 4,200 124 $ 750 950 $1,700 $450 750 400 100 $ 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. 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
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 Liabilities and stockholders' equity 2024 $ 5,200 180 $800 1,100 $ 1,900 $ 600 750 400 150 $ 1,900 2023 $ 4,200 124 $ 750 950 $1,700 $450 750 400 100 $ 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.
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