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see financial statement below 's revenues ome grow ead venues and o's revenues (Click on the following icon in order to copy its contents into
see financial statement below
's revenues ome grow ead venues and o's revenues (Click on the following icon in order to copy its contents into a spreadsheet.) Income Statement Revenue Cost of Goods Sold Gross Prof 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 2015-2019 Financial Statement Data and Stock Price Data for Mydeco Corp. (All data as of fiscal year end; in $ millions) 2015 2016 2017 2018 402.9 367.3 423.5 (183.7) (172.9) (205.0) 219.2 194.4 218.5 (65.1) (67.6) (83.5) (60.3) (60.5) (57.4) (25.9) (28.9) (33.7) 67.9 37.4 43.9 (35.7) (33.2) (30.5) 32.2 4.2 13.4 (11.3) (1.5) (4.7) 20.9 2.7 8.7 53.6 53.6 $0.39 $0.16 47.7 94.6 88.2 70.4 34.5 26.8 170.4 191.8 241.4 304.5 365.3 365.3 777.1 861.6 2015 53.6 $0.05 67.1 71.7 31.5 170.3 246.6 365.3 782.2 2016 2017 507.3 (248.3) 259.0 (99.3) (67.9) (40.3) 51.5 (36.9) 14.6 (5.1) 9.5 53.6 $0.18 80.7 75.3 30.7 186.7 342.1 365.3 894.1 2018 2019 599.2 (288.7) 310.5 (120.5) (78.1) (39.1) 72.8 (402) 32.6 (11.4) 21.2 53.6 $0.40 89.1 84.6 34.1 207.8 342.2 365.3 915,3 2019 k: Homework Chapter 2 showing financial statement ge did Mydeco's revenues ge did net income grow ead owth rates of revenues and ge did Mydeco's revenues p h for year 2010 is % ( Data table Tutal Current Assets Net Property, Plant & Equipment 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 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) Change in Cash Mydeco Stock Price Cash from Financing Activ 170,4 2414 365.3 777.1 16.9 6.9 23.8 496.1 519.9 257.2 777.1 20.9 25.9 3.9 (2.9) 2.4 50.2 (23.3) (23.3) (5.7) (57) 21.2 2015 $7,07 170.3 246.6 365.3 782.2 17.1 6.7 23.8 496.1 519.9 262.3 7822 27 28.9 16.5 3.0 0,0 51.1 (26.0) (26.0) (5.7) (5.7) 19.4 $3.74 2016 191.8 304.5 365.3 861.6 23.8 7.9 31,7 571.5 603.2 258.4 801.8 8.7 33,7 2017 13 4.7 7.9 56.3 (98.5) (98.5) (5.7) 754 69.7 27.5 $4.74 186.7 342.1 365.3 894.1 26.3 8.5 34.8 505.8 630.6 263.5 894 1 95 40.3 (4.9) (39) 31 44.1 (76.6) (766) (5.7) 24.3 186 (139) $8.75 2018 207.8 342.2 365 3 915.3 31.4 10.5 41.9 505.8 637.7 277.6 915.3 2019 21.2 39,1 (9.3) (3.4) 7.1 54.7 (402) (402) (6.1) (6.1) 8.4 $12.75 1 X 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 to 2019? 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 2016 to 2019? The revenues growth for year 2016 is The revenues growth for year 2017 is The revenues growth for year 2018 is %. (Round to two decimal places.) %. (Round to two decimal places.) %. (Round to two decimal places.) The revenues growth for year 2019 is %. (Round to two decimal places.) b. By what percentage did net income grow each year? The net income growth for year 2016 is %. (Round to two decimal places.) Enter your answer in each of the answer boxes Step by Step Solution
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