=+20-17 KK Analysis of return on invested assets, comparison of two divisions, DuPont method OBJECTIVE 3 Pacing Cycles Ltd has two divisions: Racing Bikes, Mountain Bikes and Cruisers. Results (in millions) for the past three years are partially displayed here:

? ? ?

21.0% ? ?

3 350 ? ? ?

? 2.12 28.0%

$

1 850 ? ? ?

1 500 1 950

? ? 15.8% 3.5 ?

? ? 11.6% ? 55.0%

$9 310 6 950 1

2 3

4 5

6 7

8 9

10 11 12 13 A B C D E F G Operating profit Operating revenues Total assets Operating profit/

operating revenues Operating revenues/

total assets Operating profit/

total assets Racing Bikes Division 2012 650 2013 850 2014 1 050 Mountain Bikes and Cruisers Division 2012 750 2013 ? 3000 2014 ? ? 25 500 Pacing Cycles Ltd 2012 $650 2013 ? ? ? ? ? ?

2014 ? ? ? ? ? ?

$ $

$

$2 360

$ $

Required 1 Complete the table by filling in the blanks.