Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

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.

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

Quality Management Audits In Nuclear Medicine Practices IAEA Human Health Series No 33

Authors: International Atomic Energy Agency

2nd Edition

9201017154, 978-9201017154

More Books

Students also viewed these Accounting questions

Question

Ensure continued excellence in people management.

Answered: 1 week ago

Question

Enhance the international team by recruiting the best people.

Answered: 1 week ago