Question: Exercise 4 - 2 7 ( Algo ) Profitability ratios [ LO 4 - 1 0 ] The following condensed information was reported by Peabody

Exercise 4-27(Algo) Profitability ratios [LO4-10]
The following condensed information was reported by Peabody Toys, Incorporated, for 2024 and 2023:
($ in thousands)
20242023
Income statement information
Net sales $ 7,100 $ 6,100
Net income 468162
Balance sheet information
Current assets $ 990 $ 940
Property, plant, and equipment (net)2,8102,460
Total assets $ 3,800 $ 3,400
Current liabilities $ 2,160 $ 1,870
Long-term liabilities 940940
Common stock 300300
Retained earnings 400290
Liabilities and shareholders equity $ 3,800 $ 3,400
Required:
Determine the following ratios for 2024:
Note: Round your percentage answers to 1 decimal place.
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.

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