La Mesa Stores Has the Following Data for Its Two

question 78

Essay

La Mesa Stores has the following data for its two divisions for the year:
$\begin{array}{lcr}&\text { Uno}&\text { Dos}\\\text { Revenues } & \$ 6,000,000 & \$ 18,000,000 \\\text { Cost of sales } & 3,769,500 & 9,400,000 \\\text { Allocated corporate overhead } & 400,000 & 1,200,000 \\\text { Other general \& administration } & 772,000 & 5,700,000 \\\text { Return } n \text { Tnrestment } & 14 \% & 12\%\end{array}$
Required:
a. Compute divisional operating income for each of the divisions. Assume taxes are 35%.
b. Calculate the profit margin ratio for each division.
c. Calculate the asset turnover for each division.

Calculate and interpret standard deviation and its application in the normal distribution curve.

Apply test statistics to evaluate academic programs and predict academic performance.

Identify and differentiate between different types of scales (ordinal, ratio, nominal, interval) and their characteristics.

Understand and apply the concepts of standard scores, mean, standard deviation, and their calculations.

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Definitions:

No Child Left Behind

A U.S. Act passed in 2001 aimed at improving the performance of America's primary and secondary schools by increasing standards of accountability.

Norm-Referenced Testing

Testing in which a student's performance is compared to a norm group or a representative sample of peers to determine the relative standing.

Scale of Measurement

The method used to categorize and quantify variables in research, which determines the type of analytical technique that can be used on the data.

Ethnic Groups

Social groups that share a common and distinctive culture, religion, language, or the like.