See Table 2.5 showing financial statement data and stock price data for Mydeco Corp.
a. By what percentage did Mydeco’s revenues grow each year from 2016–2019?
b. By what percentage did net income grow each year?
c. Why might the growth rates of revenues and net income differ?

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Mydeco Corp. 2015-2019 Income Statement Revenue Cost of Goods Sold Gross Profit Sales and Marketing Administration Depreciation & Amortization EBIT Interest Income (Expense) Pretax Income Income Tax Net Income Shares Outstanding (millions) Earnings per Share Balance Sheet Assets Cash Accounts Receivable Inventory Total Current Assets Net Property, Plant, & Equipment Goodwill & Intangibles Total Assets 2015 404.3 (188.3) 215.9 (66.7) (60.6) (27.3) 61.3 (33.7) 27.7 (9.7) 18.0 55.0 $0.33 2015 48.8 88.6 33.7 171.1 245.3 361.7 778.1 (All data as of fiscal year end; $ in millions) 2016 2017 424.6 (206.2) 218.3 363.8 (173.8) 190.0 (66.4) (59.1) (27.0) 37.4 (32.9) 4.5 (1.6) 2.9 55.0 $0.05 2016 68.8 69.8 30.9 169.4 243.2 361.7 774.3 (82.8) (59.4) (34.3) 41.8 (32.2) 9.6 (3.4) 6.2 55.0 $0.11 2017 86.2 69.8 28.4 184.4 308.9 361.7 855.0 2018 510.7 (246.8) 263.9 (102.1) (66.4) (38.4) 57.0 (37.4) 19.6 (6.9) 12.7 55.0 $0.23 2018 77.4 76.9 31.7 186.1 345.5 361.7 893.3 2019 604.1 (293.4) 310.7 (120.8) (78.5) (38.6) 72.8 (39.4) 33.4 (11.7) 21.7 55.0 $0.39 2019 84.9 86.1 35.3 206.3 347.0 361.7 914.9