The following condensed information was reported by Peabody Toys, Inc., for 2018 and 2017: ($ in thousands)
2018 2017
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 2018:
a. Profit margin on sales
b. Return on assets
c. Return on shareholders’ equity
2. Determine the amount of dividends paid to shareholders during 2018.

Which organization was established to train the hard-core unemployed? - better business bureau- equal employment opportunity commission- environmental protection agency- affirmative action committee- national alliance of business

In each of the following cases, find the unknown variable. ignore taxes. (do not round intermediate calculations and round your answers to the nearest whole number, e.g., 32.) accounting unit price unit variable cost fixed costs depreciation break-even 20,500 $ 44 $ 24 $ 275,000 $ 133,500 44 4,400,000 940,000 8,000 75 320,000 80,000

Alpine west, inc., operates a downhill ski area near lake tahoe, california. an all-day, adult ticket can be purchased for $55. adult customers also can purchase a season pass that entitles the pass holder to ski any day during the season, which typically runs from december 1 through april 30. the season pass is nontransferable, and the $450 price is nonrefundable. alpine expects its season pass holders to use their passes equally throughout the season. the company’s fiscal year ends on december 31. on november 6, 2009, jake lawson purchased a season ticket. required: 1. when should alpine west recognize revenue from the sale of its season passes? 2. prepare the appropriate journal entries that alpine would record on november 6 and december 31. 3. what will be included in the 2009 income statement and 2009 balance sheet related to the sale of the season pass to jake lawson?