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Consider the financial statement data and stock price data for Mydeco Corp Click the icon to view the financial statement and stock price data a.

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Consider the financial statement data and stock price data for Mydeco Corp Click the icon to view the financial statement and stock price data a. By what percentage did Mydeco's revenues grow each year from 2015 to 2018? b. By what percentage did net income grow each year? c. Why might the growth rates of revenues and net income differ? a By what percentage did Mydeco's revenues grow each year from 2015 to 2018? The revenues growth for year 2015 is %. (Round to two decimal places.) Data Table er lick n vha whe ymd wha everi 2014-2018 Financial Statement Data and Stock Price Data for Mydeco Corp. (All data as of fiscal year end; in s millions) Income Statement 2014 2015 2016 2017 Revenue 406 1 3672 4246 5057 Cost of Goods Sold (1866) (1742) (2071) (2419) Gross Profit 2195 1930 2175 263 8 Sales and Marketing (678) (678) (810) (1028) Administration (602) (593) (612) (673) Depreciation & Amortization (262) (26 5 (33.0) (399) EBIT 65.3 39.4 423 53 8 Interest Income (Expense) (328) (336) (332) (36.4) Pretax income 325 58 91 174 Income Tax (114) (20) (6.1) Net Income 211 38 59 113 Shares Outstanding (milions) 551 551 551 Earnings per Share $0.38 SO 07 $0.11 Balance Sheet $0 21 2014 2016 2016 2017 Assets Cash 476 647 765 Accounts Receivable 68 5 872 68 9 714 Inventory 778 336 314 293 324 Total Current Assets 1684 1650 Net Property Plant & Foument 1772 178.7 2418 2442 3102 3432 2018 6058 (2943) 3115 (1168) (80.3) (392) 752 (400) 352 (123) 229 (32) 55 1 55 1 $0.42 2018 778 86 5 358 2001 3519 Data Table 3614 7716 361.4 7706 3614 848.8 3614 8833 3614 9134 19.5 5.8 25.3 4962 5215 250.1 771.6 16.4 58 222 4962 518.4 2522 7706 212 67 279 569 7 597 6 251 2 848 8 253 8.3 336 5952 628.8 2545 8833 Goodwill & Intangibles Total Assets Liabilities & Stockholders' Equity Accounts Payable Accrued Compensation Total Current Liabilities Long-Term Debt Total Liabilities Stockholders' Equity Total Liabilities & Stockholders' Equity D. Statement of Cash Flows Net Income Depreciation & Amortization Change in Accounts Receivable Change in Inventory Change in Pay & Accrued Comp Cash from Operations Capital Expenditures Cash from Investing Activ Dividends Paid Sale (or Purchase) of Stock Debt Issuance (Pay Down) 313 101 414 595 2 636.6 276 8 9134 2014 21.1 262 39 (29) 21 504 (234) (234) (56) 2015 38 265 18.3 22 (3.1) 47.7 2016 59 33 0 - 2.5 21 57 442 (1003) (1003) (56) 2017 113 39.9 (64) (3.1) 5.7 47.4 (753) (753) (56) 2018 229 392 (87) (34) 78 57 8 (413) (413) (72) (250) (250) (56) 735 255 50.4 (23.4) (23.4) (56) (3.1) 47.7 (250) (250) (56) 5.7 44.2 (1003) (100.3) (56) 5.7 474 (75.3) (753) (56) 78 578 (41.3) (413) (72) Cash from Operations Capital Expenditures Cash from Investing Activ Dividends Paid Sale (or Purchase) of Stock Debt Issuance (Pay Down) Cash from Financing Activ Change in Cash Mydeco Stock Price . (56) 21.4 $7.74 (56) 171 $4.12 735 679 11.8 $5.07 25.5 199 (80) $8 83 (72) 93 $1154

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