Learning World, Inc. has two divisions: Test Preparation and Language Arts. Results (in millions) for the past three years are partially displayed here:

REQUIRED
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 through 2013 period for each division and for Learning World as a whole. Comment on the results.

Transcribed Image Text:

Ele Edk ew Insert Format Iools Data Wndow Help Operating Operating Income OperatingIncomel Operating Operating Total Operating Revenu Total IncomeRevenue Assets Revenue Total AssetsAssets 2Test Preparation Division 2011 2012 2013 $ 680 7,960 S1,920 840 1,160 10% 11% 4 42% 6 Language Arts Department 2011 2012 2013 Learning World Inc. 2011 2012 2013 $ 620 2,360 $1,280 2,340 S1,300 $10,320 $3,200 3,000 | 1,800| 22% 25% 10 12 13