Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Teachers Helper, Inc. has two divisions: Test Preparation and Language Arts. Results (in millions) for the past three years are partially displayed here ElB(Click the
Teachers Helper, Inc. has two divisions: Test Preparation and Language Arts. Results (in millions) for the past three years are partially displayed here ElB(Click the icon to view the results.) Click the icon toview the results) Opering Operating Operating Income / Revenues Income / Operating Revenues Operating Operating Total Total Total Assets Income Revenues Assets Assets Test Preparation Division 2015 2016 2017 Language Arts Division 2015 2016 2017 680 $ 8,000 $ 1,600 11.5% 920 14% 1,050 4.0 660 $ 3,000 $ 2,000 2,500 20.5% 4,000 22.8% 2,500 1.9 Teachers Helper Inc. 2015 2016 2017 $1,340 $ 11,000 $ 3,600 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 2015-2017 period for each division and for Teachers Helper as a whole. Comment on the results Requirement 1 Complete the table by filling in the blanks Round all dollar amounts to the nearest dollar, percentages to the nearest tenth percent, %, and ratios to one decimal place. OperatingOperating Operating Income Revenues Income Operating Operating Total Operating Total Total Income RevenuesAssets Revenues Assets Assets Test Preparaon Division 2015 2016 2017 680 8,000 ,600 46 % 11.5 % 920 14% 4.0 1,050
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started