The following condensed information was reported by Peabody Toys, Incorporated, for 2024 and 2023; ($ in...

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The following condensed information was reported by Peabody Toys, Incorporated, for 2024 and 2023; ($ in thousands) 2024 2023 $6,000 160 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 $7,000 420 $ 980 2,720 $ 3,700 $ 1,940 9.30 500 330 $ 3,700 $930 2,378 $ 3,300 $ 1,590 930 500 280 $3,300 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. Print References 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, $150,000 rather than 150. 1a. Profit margin on sales 1b. Return on assets 1c Return on equity 2. Dividends paid % % % The following condensed information was reported by Peabody Toys, Incorporated, for 2024 and 2023; ($ in thousands) 2024 2023 $6,000 160 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 $7,000 420 $ 980 2,720 $ 3,700 $ 1,940 9.30 500 330 $ 3,700 $930 2,378 $ 3,300 $ 1,590 930 500 280 $3,300 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. Print References 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 % % %

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Based on the financial data provided for Peabody Toys Incorporated we can calculate the requested ra... View the full answer