Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Beyond Learning, Inc. has two divisions: Test Preparation and Language Arts. Results (in Millions) for the past 3 years are partially displayed here: (Click the

image text in transcribed

Beyond Learning, Inc. has two divisions: Test Preparation and Language Arts. Results (in Millions) for the past 3 years are partially displayed here: (Click the icon to view the results.) Requirements 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 2011-2012 period for each division and for Bevond Leaming as a whole. Comment on the results Data Table Operating Operating Total Requirement 1. Complete the table by filling in the blanks. (Round all dollar amounts to the nearest dollar, percentage Operating Operating Total Operating Inc./ Operating Rev. / Operating Ind Income Revenues Assets Operating Rev. Total Assets Total Asset Test Preparation Division 2011 S 660 $ 7.500 $ 1,875 2012 780 8.0 % 41.6 % 2013 1.160 12.5% 4.0 Operating Revenues 1 Operating Incon Operating Income Operating Revenues Income Revenues Assets Total Assets Total Assets Test Preparation Division 2011 S 1,875 ? ? ? 660 $ 780 7,500 $ ? ? 2012 ? 8.0% 2 2 41.6% ? ? 2013 1.160 ? ? 12.5% 4.0 S 620 S 2,480 $ 2 2 ? 1,550 2,500 ? 3.500 21.0% ? Language Arts Division 2011 2012 2013 Beyond Learning Inc. 2011 ? 2.0 ? ? 2.500 ? 23.0% S 1,280 $ 9,980 $ 3,425 2 ? ? 2012 ? ? ? ? ? ? 2013 ? ? ? ? 2

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

More Books

Students also viewed these Accounting questions