24-22 Analysis of return on invested assets, comparison of two divisions, DuPont method. Online Learning, Inc. has two divisions: Test Preparation and Language Arts. Results (in millions) for the past 3 years are partially displayed here:

24-22 Analysis of return on invested assets, comparison of two divisions, DuPont method. Online Learning, Inc. has two divisions: Test Preparation and Language Arts. Results (in millions) for the past 3 years are partially displayed here: Home Insert Page Layout Formulas Data Review View A B C D E F G Operating Operating Operating Income/ Revenues/ Income/ Operating Operating Total Operating Total Total Income Revenues Assets Revenues Assets Assets 2 Test Preparation Division 3 2018 $ 720 $ 9,000 $1,800 ? ? 2019 340 ? 10% 48% 5 2020 1,110 ? 2 13% 4 ? Language Arts Division 2018 $ 660 $ 3,000 $2,000 2019 ? 4,000 2,500 20.5% 2020 ? ? 2,950 2 1.6 20% 10 Online Learning Inc. 11 2018 $1,380 $12,000 $3,800 ? 17 2019 ? ? ? ? ? 13 2020 ? ? 1. Complete the table by filling in the blanks. 2. Use the DuPont method of profitability analysis to explain changes in the operating-income-to-total- assets ratios over the 2018-2020 period for each division and for Online Learning as a whole. Comment on the results