2016 601.5 (291.0) 310.5 (123.0) (79.7) (40.4) 67.4 (38.3) 29.1 (10.2) 20 2.8 18.9 53.3 $0.35 2016 2012-2016 Financial Statement Data and Stock Price Data for Mydeco Corp. (All data as of fiscal year end; in $ millions) Income Statement 2012 2013 2014 2015 Revenue 406.2 359.2 420.6 511.6 Cost of Goods Sold (187.1) (169.3) (204.5) (247.6) Gross Profit 219.1 189.9 216.1 264.0 Sales and Marketing (66.1) (68.3) (84.1) (105.2) Administration (60.5) (58.7) (60.9) (67.6) Depreciation & Amortization (25.3) (25.1) (35.3) (39.2) EBIT 67.2 37.8 35.8 52.0 Interest Income (Expense) (34.4) (34.7) (31.5) (36.4) Pretax Income 32.8 4.3 15.6 Income Tax (11.5) (1.1) (1.5) (5.5) Net Income 21.3 10.1 Shares Outstanding (millions) 53.3 53.3 53.3 53.3 Earnings per Share $0.40 $0.04 $0.05 $0.19 Balance Sheet 2012 2013 2014 2015 Assets Cash 50.5 65.4 79.4 70.0 Accounts Receivable 87.8 70.3 68.9 76.4 Inventory 32.7 29.3 30.2 32.9 Total Current Assets 171.0 165.0 178.5 179.3 Net Property, Plant & Equipment 247.7 241.4 308.9 342.6 Goodwill & Intangibles 360.9 360.9 360.9 360.9 Total Assets 779.6 767.3 848.3 882.8 Liabilities & Stockholders' Equity Accounts Payable 19.7 17.7 21.4 27.3 Accrued Compensation 5.9 5.9 7.1 7.3 Total Current Liabilities 25.6 23.6 28.5 34.6 Long-Term Debt 499.9 499.9 576.4 600.8 Total Liabilities 525.5 523.5 604.9 635.4 Stockholders' Equity 254.1 243.8 243.4 247.4 Total Liabilities & Stockholders' 779.6 767-3 848.3 882.8 Equity Statement of Cash Flows 2012 2013 2014 2015 Net Income 21.3 2.8 10.1 Depreciation & Amortization 25.3 25.1 35.3 39.2 Change in Accounts Receivable 3.9 17.5 1.4 (7-5) Change in Inventory (2.9) 3.4 (0.9) (2.7) Change in Pay. & Accrued Comp. 2.4 (2.0) 6.1 Cash from Operations 50.0 46.0 43.5 45.2 Capital Expenditures (24.1) (26.3) (101.2) (742) Cash from Investing Activ. (24.1) (26.3) (101.2) (74.2) Dividends Paid (4.8) (4.8) (4.8) Sale (or Purchase) of Stock Debt Issuance (Pay Down) 76.5 24.4 Cash from Financing Activ. (4.8) (4.8) 71.7 19.6 Change in Cash 21.1 14.9 14.0 (9.4) Mydeco Stock Price $7.35 $3.15 $6.02 $8.98 75.3 87.3 35.9 198.5 348.3 360.9 907.7 29.9 39.7 600.8 640.5 267.2 907.7 2016 18.9 4.9 40.4 (10.9) (3.0) 5.1 50.5 (38.2) (38.2) (7.0) (4.8) (7.0) $10.72 a. What were Mydeco's gross margins in 2015 and 2016? b. Compare Mydeco?s gross margin, EBIT margin, and net profit margin in 2015 and 2016. Which margins improved? a. What were Mydeco's gross margins in 2015 and 2016? The gross margin for 2015 is %. (Round to two decimal places.) The gross margin for 2016 is %. (Round to two decimal places.) b. Compare Mydeco's EBIT margin and net profit margin in 2015 and 2016. Which margins improved? The EBIT margin for 2015 is %. (Round to two decimal places.) The EBIT margin for 2016 is % (Round to two decimal places.) The net profit margin for 2015 is %. (Round to two decimal places.) The net profit margin for 2016 is %. (Round to two decimal places.) Which margins improved? (Select the best choice below.) O A. All of the margins improved from 2015 to 2016. O B. The net profit margin improved from 2015 to 2016. O C. None of the margins improved from 2015 to 2016. OD. The EBIT margin improved from 2015 to 2016