Note: As per HOMEWORKLIB RULES, the third party logo is not clear, thus, this question is attempted.
1-a) Profit margin on sales: | |
Net Income (a) | $364,000 |
Net Sales (b) | $6,300,000 |
Profit margin on sales (a/b*100) | 5.8% |
1-b) Return on assets: | |
Net Income (a) | $364,000 |
Average Total Assets (b) ([$3,000,000 + $2,600,000]/2) | $2,800,000 |
Return on assets (a/b*100) | 13.0% |
1-c) Return on equity: | |
Net Income (a) | $364,000 |
Average Shareholder'e Equity {([$300,000 + $280,000] + [$300,000 + $210,000])/2} (b) | $545,000 |
Return on equity (a/b*100) | 66.8% |
2) Dividends Paid: | |
Retained Earnings in 2020 | $210,000 |
Add: Net Income in 2021 | $364,000 |
$574,000 | |
Less: Retained Earnings in 2021 | ($280,000) |
Dividends Paid in 2021 | $294,000 |
Page - 20 Spring - Business Stat... Homewul DIU 10515 ROHO JUIN Saved 4 Exercises 10...
The following condensed information was reported by Peabody Toys, Inc., for 2021 and 2020: ($ in thousands) 2021 2020 $6,800 330 $5,800 156 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 $ 960 2,540 $3,500 $1,680 910 600 310 $3,500 $ 910 2,190 $3,100 $1,330 910 600 260 $3,100 Required: 1. Determine the following components of the...
The following condensed information was reported by Peabody Toys, Inc., for 2021 and 2020: ($ in thousands) 2021 2020 $6,500 450 $5,500 150 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 $ 930 2,270 $3,200 $1,670 880 300 350 $3,200 $ 880 1,920 $2,800 $1,390 880 300 230 $2,800 Required: 1. Determine the following ratios for 2021:...
The following condensed information was reported by Peabody Toys, Inc., for 2021 and 2020: ($ in thousands 2021 2020 $5,600 294 $4,600 132 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 $ 840 1,460 $ 2,300 $1,020 790 300 190 $ 2,300 $ 790 1,110 $1,900 $ 790 300 140 $1,900 670 Required: 1. Determine the following...
Exercise 4-27 (Algo) Profitability ratios (L04-10] The following condensed information was reported by Peabody Toys, Inc. for 2021 and 2020 in thousands 2020 $6.100 $ 2.100 468 940 2.400 Income statement instien Net sales Net income Balance sheet information Current asset Property, plant, and equipment (net Total assets Current liabilities Long-te liabilities Common stock Retained anings Liabilicies and shareholders' equity $ 990 2010 $ 3.800 $2,160 .400 1.870 200 400 $3,800 $ 3.400 Required: 1. Determine the following ratios for...
Exercise 4-28 (Algo) DuPont analysis [LO4-10] The following condensed information was reported by Peabody Toys, Inc. for 2021 and 2020: ($ in thousands) 2021 2020 Income statement information $ 5,800 $4,800 136 $ 850 1.540 Net income Balance sheet information Current assets Property, plant, and equipment (net) Total assets Current liabilities Long-tem liabilities Common stock Retained earnings Liabilities and shareholders' equity $ 10 1,290 $2.100 $ 330 $2,500 $1. 180 $2,500 $2,100 Required: 1. Determine the following components of the...
The following condensed information was reported by Peabody Toys, Inc. for 2021 and 2020: ($ in thousands) 2021 2020 $ 7,100 468 $ 6,100 162 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 $ 990 2,810 $ 3,800 $ 2,160 940 300 400 $ 3,800 $ 940 2,460 $ 3,400 $1,870 940 300 290 $3,400 Required: 1....
17 The following condensed information was reported by Peabody Toys, Inc., for 2021 and 2020: 0.47 points ($ in thousands 2021 2020 $6,700 $5,700 288 154 eBook 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 $ 950 2,450 $3,400 $1,700 900 500 300 $3,400 $ 900 2,100 $3,000 $1,350 900 500 250 $3,000 Hint References Required: 1....
260 The following condensed information was reported by Peabody Toys, Inc., for 2021 and 2020: ($ in thousands) 2021 2020 Income statement information Net sales $5,500 $4,500 Net income 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 Common stock 700 700 Retained earnings 180 130 Liabilities and shareholders' equity $2,200 $1,800 Required: 1. Determine the following ratios...
The following condensed information was reported by Peabody Toys, Inc., for 2021 and 2020: ($ in thousands) 2021 2020 Income statement information Net sales $ 6,600 $ 5,600 Net income 248 152 Balance sheet information Current assets $ 940 $ 890 Property, plant, and equipment (net) 2,360 2,010 Total assets $ 3,300 $ 2,900 Current liabilities $ 1,720 $ 1,370 Long-term liabilities 890 890 Common stock 400 400 Retained earnings 290 240 Liabilities and shareholders’ equity $ 3,300 $ 2,900...
Returr The following condensed information was reported by Peabody Toys, Inc., for 2021 and 2020: ($ in thousands) 2021 2020 $ 5,200 180 $ 4,200 124 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 $ 950 $ 1,700 $ 800 1,100 $ 1,900 $ 600 750 400 150 $1,900 450 750 499 190 $ 1,700 Required: 1....