Online Learning, Inc. has two divisions: Test Preparation and Language Arts. Results (in millions) for the past 3 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-totalassets ratios over the 2018–2020 period for each division and for Online Learning as a whole. Comment on the results.

Transcribed Image Text:

1 2 3 4 568095 7 T 11 12 10 Online Learning Inc. 2018 2019 2020 HH Home 13 Insert A Page Layout Test Preparation Division 2018 2019 2020 Language Arts Division 2018 2019 2020 B Formulas Operating Operating Total Income Revenues Assets $720 840 1,110 $ 660 ? ? $1,380 ? ? Data Review View E $ 9,000 $1,800 ? ? ? ? $3,000 4,000 ? $12,000 ? ? F Operating Operating Operating Income/ Revenues/ Income/ Total Total Assets Assets $3,800 ? ? Operating Revenues ? 10% 13% $2,000 ? 2,500 20.5% 2,950 ? ? ? ? ? ? 4 ? ? 1.6 ? ? ? ? 48% ? ? 20% ? ? ?