Solution-Determine the following ratios for 2016

Determine the following ratios for 2016

Reference no: EM13990108

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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Reference no: EM13990108

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Determine the following ratios for 2016

Reference no: EM13990108

Reference no: EM13990108

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