The following condensed information was reported by Peabody Toys, Incorporated, for 2024 and 2023: ($ in thousands) 2024 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 $ 5,300 198 $810 1,190 $ 2,000 $ 580 760 500 160 $ 2,000 2023 $ 4,300 126 $ 760 840 $ 1,600 $ 230 760 500 110 $ 1,600 Required: 1. Determine the following components of the DuPont framework for 2024: 2. Write an equation that relates these components in calculating ROE. Use the Peabody Toys data to show that the equation is correct.

Cornerstones of Financial Accounting
4th Edition
ISBN:9781337690881
Author:Jay Rich, Jeff Jones
Publisher:Jay Rich, Jeff Jones
Chapter12: Fainancial Statement Analysis
Section: Chapter Questions
Problem 74E
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4
W
The following condensed information was reported by Peabody Toys, Incorporated, for 2024 and 2023:
($ in thousands)
2024
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
5
Required 1 Required 2
Choose Numerator:
Net income
Required:
1. Determine the following components of the DuPont framework for 2024:
2. Write an equation that relates these components in calculating ROE. Use the Peabody Toys data to show that the equation is
correct.
E
Complete this question by entering your answers in the tabs below.
Determine the following components of the DuPont framework for 2024:
D
Choose Denominator:
Net sales
2015
की ₹
COUNGEWS
Profit Margin (%)
R
$ 5,300
198
$ 810
1,190
$ 2,000
p
$ 580
760
500
160
$ 2,000
G
Profit Margin
Profit Margin
< Prev
2023
$ 4,300
126
$ 760
840
$ 1,600
$ 230
760
500
110
$ 1,600
20 of 29
MacBook Air
H
Next >
FB
B
K
Transcribed Image Text:4 W The following condensed information was reported by Peabody Toys, Incorporated, for 2024 and 2023: ($ in thousands) 2024 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 5 Required 1 Required 2 Choose Numerator: Net income Required: 1. Determine the following components of the DuPont framework for 2024: 2. Write an equation that relates these components in calculating ROE. Use the Peabody Toys data to show that the equation is correct. E Complete this question by entering your answers in the tabs below. Determine the following components of the DuPont framework for 2024: D Choose Denominator: Net sales 2015 की ₹ COUNGEWS Profit Margin (%) R $ 5,300 198 $ 810 1,190 $ 2,000 p $ 580 760 500 160 $ 2,000 G Profit Margin Profit Margin < Prev 2023 $ 4,300 126 $ 760 840 $ 1,600 $ 230 760 500 110 $ 1,600 20 of 29 MacBook Air H Next > FB B K
4
W
The following condensed information was reported by Peabody Toys, Incorporated, for 2024 and 2023:
($ in thousands)
2024
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
5
Required 1 Required 2
Choose Numerator:
Net income
Required:
1. Determine the following components of the DuPont framework for 2024:
2. Write an equation that relates these components in calculating ROE. Use the Peabody Toys data to show that the equation is
correct.
E
Complete this question by entering your answers in the tabs below.
Determine the following components of the DuPont framework for 2024:
D
Choose Denominator:
Net sales
2015
की ₹
COUNGEWS
Profit Margin (%)
R
$ 5,300
198
$ 810
1,190
$ 2,000
p
$ 580
760
500
160
$ 2,000
G
Profit Margin
Profit Margin
< Prev
2023
$ 4,300
126
$ 760
840
$ 1,600
$ 230
760
500
110
$ 1,600
20 of 29
MacBook Air
H
Next >
FB
B
K
Transcribed Image Text:4 W The following condensed information was reported by Peabody Toys, Incorporated, for 2024 and 2023: ($ in thousands) 2024 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 5 Required 1 Required 2 Choose Numerator: Net income Required: 1. Determine the following components of the DuPont framework for 2024: 2. Write an equation that relates these components in calculating ROE. Use the Peabody Toys data to show that the equation is correct. E Complete this question by entering your answers in the tabs below. Determine the following components of the DuPont framework for 2024: D Choose Denominator: Net sales 2015 की ₹ COUNGEWS Profit Margin (%) R $ 5,300 198 $ 810 1,190 $ 2,000 p $ 580 760 500 160 $ 2,000 G Profit Margin Profit Margin < Prev 2023 $ 4,300 126 $ 760 840 $ 1,600 $ 230 760 500 110 $ 1,600 20 of 29 MacBook Air H Next > FB B K
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