subject
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.

ansver
Answers: 1

Another question on Business

question
Business, 22.06.2019 03:40
Oceanside marine company manufactures special metallic materials and decorative fittings for luxury yachts that require highly skilled labor. oceanside uses standard costs to prepare its flexible budget. for the first quarter of the year, direct materials and direct labor standards for one of their popular products were as follows: direct materials: 2 pound per unit; $ 11 per pound direct labor: 2 hours per unit; $ 19 per hour oceanside produced 2 comma 000 units during the quarter. at the end of the quarter, an examination of the direct materials records showed that the company used 7 comma 500 pounds of direct materials and actual total materials costs were $ 98 comma 100. what is the direct materials cost variance? (round any intermediate calculations to the nearest cent, and your final answer to the nearest dollar.)
Answers: 1
question
Business, 22.06.2019 11:30
1.     regarding general guidelines for the preparation of successful soups, which of the following statements is true? a. thick soups made with starchy vegetables may thin during storage. b. soups should be seasoned throughout the cooking process. c. finish a cream soup well before serving it to moderate the flavor. d. consommés take quite a long time to cool. student c   incorrect
Answers: 2
question
Business, 22.06.2019 20:30
The smelting department of kiner company has the following production and cost data for november. production: beginning work in process 3,700 units that are 100% complete as to materials and 23% complete as to conversion costs; units transferred out 10,500 units; and ending work in process 8,100 units that are 100% complete as to materials and 41% complete as to conversion costs. compute the equivalent units of production for (a) materials and (b) conversion costs for the month of november.
Answers: 3
question
Business, 22.06.2019 21:00
Frost corporation incurred the following transactions during its first year of operations. (assume all transactions involve cash.) 1) acquired $1,900 of capital from the owners. 2) purchased $435 of direct raw materials. 3) used $290 of these direct raw materials in the production process. 4) paid production workers $490 cash. 5) paid $290 for manufacturing overhead (applied and actual overhead are the same). 6) started and completed 250 units of inventory. 7) sold 140 units at a price of $6 each. 8) paid $130 for selling and administrative expenses. the amount of raw material inventory on the balance sheet at the end of the accounting period would be:
Answers: 3
You know the right answer?
The following condensed information was reported by Peabody Toys, Inc., for 2018 and 2017: ($ in 000...
Questions
question
Mathematics, 12.02.2021 07:10
question
Mathematics, 12.02.2021 07:10
question
English, 12.02.2021 07:10
Questions on the website: 13722359