Question
Online Learning, Inc. has two divisions: Test Preparation and Language Arts. Results (in millions) for the past three years are partially displayed here: Operating Operating
Online Learning, Inc. has two divisions: Test Preparation and Language Arts. Results (in millions) for the past three years are partially displayed here:
Operating | Operating | Operating | ||||
Income / | Revenues / | Income / | ||||
| Operating | Operating | Total | Operating | Total | Total |
| Income | Revenues | Assets | Revenues | Assets | Assets |
Test Preparation Division |
|
|
| |||
2015 | $690 | $9,200 | $1,840 | ? | ? | ? |
2016 | 850 | ? | ? | 10% | ? | 40% |
2017 | 1,150 | ? | ? | 12.5% | 4.0 | ? |
Language Arts Division |
|
|
|
|
|
|
2015 | $600 | $2,400 | $1,600 | ? | ? | ? |
2016 | ? | 3,750 | 2,500 | 20% | ? | ? |
2017 | ? | ? | 2,500 | ? | 2.0 | 25% |
Online Learning Inc. |
|
|
|
|
|
|
2015 | $1,290 | $11,600 | $3,440 | ? | ? | ? |
2016 | ? | ? | ? | ? | ? | ? |
2017 | ? | ? | ? | ? | ? | ? |
Requirements
1. | Complete the table by filling in the blanks. |
2 | Use the DuPont method of profitability analysis to explain changes in theoperating-income-to-total-assets ratios over the 2015----2017 period for each division and for Online Learning as a whole. Comment on the results. |
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