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Business, 10.03.2020 19:08 21cassitsh

The following condensed information was reported by Peabody Toys, Inc., for 2018 and 2017: ($ in 000s)

2018 2017
Income statement information:
Net sales $ 5,500 $ 4,500
Net income 260 130
Balance sheet information:
Current assets $ 830 $ 780
Property, plant, and equipment (net) 1,370 1,020
Total assets $ 2,200 $ 1,800
Current liabilities $ 540 $ 190
Long-term liabilities 780 780
Paid-in capital 700 700
Retained earnings 180 130
Liabilities and shareholders' equity $ 2,200 $ 1,800
Required:

1. Determine the following ratios for 2018: (Round your percentage answers to 1 decimal place.)

2. Determine the amount of dividends paid to shareholders during 2018. (Enter your answer in dollars.)

3. Determine (1) profit margin on sales, (2) return on assets, (3) return on shareholders equity, (4) dividends paid.

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Answers: 1

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The following condensed information was reported by Peabody Toys, Inc., for 2018 and 2017: ($ in 000...
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