Question 14 P2-28 (similar HW Score: 59.69% 601.07 of Data table (Click on the following icon in order to copy its contents into a spreadsheet.) 2015-2019 Financial Statement Data and Stock Price Data for Mydeco Corp. Mydeco Corp. 2015-2019 (All data as of fiscal year end; in $ million) 2017 Income Statement 2015 2016 2018 2019 Revenue 400.2 360.2 425.3 Cost of Goods Sold (183.7) (168.7) (209.3) 513.6 (241.9) 603.1 (297.0) Gross Profit 216.5 191.5 216.0 271.7 306.1 Sales and Marketing (66.5) (66.3) (82.2) (98.4) (121.0) Administration (60.0) (60.7) (61.2) (68.0) (78.1) Depreciation & Amortization (26.4) (28.9) (34.0) (39.2) (39.0) EBIT 63.6 35.6 38.6 66.1 68.0 Interest Income (Expense) (32.4) (32.2) (33.2) (35.7) (40.7) Pretax Income 31.2 3.4 5.4 30.4 27.3 Income Tax (10.9) (1.2) (1.9) Je (106) (9.6) Net Income 20.3 22 3.5 19.8 17.7 Shares Outstanding (millions) 56.1 56 1 56.1 56.1 56.1 Earnings per Share $0.36 $0.04 $0.06 $0.35 $0.32 Que Balance Sheet 2015 2016 2017 2018 2019 Assets Cash 491 66.1 80.3 71.6 81.5 Accounts Receivable Que 88.2 69 4 69.1 77.2 84.7 I Accrued Compensation Total Current Liabilities Long-term Debt Total Liabilities Stockholders' Equity Total Liabilities & Stockholders' 6.9 5.8 7.8 7.1 10.6 26.3 23.5 31.1 33.2 42.9 503.2 503.2 576.8 600.0 600.0 529.5 526.7 607.9 633.2 642.9 249.2 249.0 250.5 263.8 267.7 778.7 775.7 858.4 897.0 910.6 Equity Statement of Cash Flows 2015 2016 2017 2018 2019 Net Income 20.3 2.2 3.5 19.8 17.7 Depreciation & Amortization 26.4 28.9 34.0 39.2 39.0 Chg. in Accounts Receivable 39 18.8 0.3 (8.1) (7.5) Chg in Inventory (2.9) 0.9 2.5 (2.4) (2.6) Chg in Payables & Accrued Comp 1.3 (2.8) 7.6 2.1 9.7 Cash from Operations 49.0 48.0 47.9 50.6 56.3 Capital Expenditures (24.9) (24.8) (101.1) (76.3) (39.7) Cash from Investing Activities (24.9) (24.8) (101.1) (76.3) (39.7) Dividends Paid (6.2) (62) (6.2) (6.2) (6.7) Sale (or purchase) of stock Debt Issuance (Pay Down) 73.6 23.2 Cash from Financing Activities (6.2) (6.2) 67 4 17.0 (6.7) Change in Cash 17.9 17.0 14.2 (8.7) 9.9 Mydeco Stock Price $8.84 $3.07 $5.17 $8.65 $11.56 Print Done See Table 2.5 showing financial statement data and stock price data for Mydeco Corp a. What were Mydeco's gross margins each year? b. Compare Mydeco's gross margin, EBIT margin, and net profit margin in 2015 and 2019. Which margins improved? a. What were Mydeco's gross margins each year? The gross margin for 2015 is %. (Round to two decimal places.) 14 (0 18 (0/ 12 (0