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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 $3,100 Required: 1. Determine the following components of the...
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The following condensed information was reported by Peabody
Toys, Inc., for 2021 and 2020:
($ 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...
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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....
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Brief Exercise 4-17 (Algo) Profitability ratios (LO4-10] The 2021 income statement for Anderson TV and Appliance reported net sales of $260,000 and net income of $95,000. Average total assets for 2021 was $650,000. Shareholders' equity at the beginning of the year was $350,000 and $40,000 was paid to shareholders as dividends. There were no other shareholders' equity transactions that occurred during the year. Show the DuPont framework's calculation of the three components of the 2021 return on equity for Anderson...
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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...
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The 2021 income statement for Anderson TV and Appliance reported
net sales of $360,000 and net income of $85,000. Average total
assets for 2021 was $800,000. Shareholders’ equity at the beginning
of the year was $500,000 and $40,000 was paid to shareholders as
dividends. There were no other shareholders’ equity transactions
that occurred during the year.
Show the DuPont framework's calculation of the three components of
the 2021 return on equity for Anderson TV and Appliance.
Profit Margin (%)
Choose...
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The following condensed information was reported by Peabody Toys, Inc., for 2018 and 2017: (S in 000s) 2018 2017 Income statement information Net sales Net income Balance sheet information Current assets Property, plant, and equipment (net) $5,800 $4,800 136 184 $ 860 810 1,640 1,290 $2,500 $2,100 Total assets Current liabilities Long-term liabilities Paid-in capital Retained earnings 830 810 300 160 $1,180 810 300 210 Liabilities and shareholders' equity $2,500 $2,100 Required: 1. Determine the following ratios for 2018: (Round...
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The following condensed information was reported by Peabody Toys, Inc., for 2021 and 2020: ($ 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 $2,800 Required: 1. Determine the following ratios for 2021:...
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The following condensed information was reported by Peabody Toys, Inc., for 2021 and 2020: ($ 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 $1,900 670 Required: 1. Determine the following...
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260 The following condensed information was reported by Peabody Toys, Inc., for 2021 and 2020: ($ 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 $1,800 Required: 1. Determine the following ratios...
![Exercise 4-28 (Algo) DuPont analysis [LO4-10] The following condensed information was reported by Peabody Toys, Inc. for 2021](http://img.homeworklib.com/questions/18786bc0-044f-11ea-9487-577eaaaf5079.png?x-oss-process=image/resize,w_560)
The following condensed information was reported by Peabody Toys, Inc., for 2021 and 2020: ($ 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
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....
Brief Exercise 4-17 (Algo) Profitability ratios (LO4-10] The 2021 income statement for Anderson TV and Appliance reported net sales of $260,000 and net income of $95,000. Average total assets for 2021 was $650,000. Shareholders' equity at the beginning of the year was $350,000 and $40,000 was paid to shareholders as dividends. There were no other shareholders' equity transactions that occurred during the year. Show the DuPont framework's calculation of the three components of the 2021 return on equity for Anderson...
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...
The following condensed information was reported by Peabody Toys, Inc., for 2018 and 2017: (S in 000s) 2018 2017 Income statement information Net sales Net income Balance sheet information Current assets Property, plant, and equipment (net) $5,800 $4,800 136 184 $ 860 810 1,640 1,290 $2,500 $2,100 Total assets Current liabilities Long-term liabilities Paid-in capital Retained earnings 830 810 300 160 $1,180 810 300 210 Liabilities and shareholders' equity $2,500 $2,100 Required: 1. Determine the following ratios for 2018: (Round...
The following condensed information was reported by Peabody Toys, Inc., for 2021 and 2020: ($ 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 $1,900 670 Required: 1. Determine the following...
260 The following condensed information was reported by Peabody Toys, Inc., for 2021 and 2020: ($ 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...