The following condensed information was reported by peabody


The following condensed information was reported by Peabody Toys. Inc.. for 2016 and 2015:

 

($ in 000s)

2016

2015

Income statement information

 

 

Net sales

$5,200

$4,200

Net income

180

124

Balance sheet information

 

 

Current assets

$ 800

$ 750

Property, plant, and equipment (net)

1,100

950

Total assets

$1.900

$1.700

Current liabilities

$ 600

$ 450

Long-term liabilities

750

750

Paid-in capital

400

400

Retained earnings

150

100

Liabilities and shareholders' equity

$1.900

$1.700

Required:

1. Determine the following ratios for 2016 (Round your percentage answers to 1 decimal place.): 

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Accounting Basics: The following condensed information was reported by peabody
Reference No:- TGS01294479

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