Learning World, Inc. has two divisions: Test Preparation and Language Arts. Results (in millions) for the past
Question:
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.
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
Step by Step Answer:
1 Operating Income Operating Revenues Total Assets Operating Income Operating Revenues Operating Rev...View the full answer
Cost Accounting A Managerial Emphasis
ISBN: 978-0133392883
6th Canadian edition
Authors: Horngren, Srikant Datar, George Foster, Madhav Rajan, Christ
Related Video
The Dupont analysis is an expanded return on equity formula, calculated by multiplying the net profit margin by the asset turnover by the equity multiplier. The DuPont analysis is also known as the DuPont identity or DuPont model.This Video will guide on how to calculate return on Equity and estimate profitability of shareholders using DuPont Analysis.
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