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See Table 2.5 5 showing financial statement data and stock price data for Mydeco Corp. a. By what percentage did Mydeco's revenues grow each year
See Table 2.5 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 %. (Round to two decimal places.) The revenues growth for year 2017 is %. (Round to two decimal places.) The revenues growth for year 2018 is %. (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. See Table 2,5 m 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 20197 b. By what percentage did not income grow each year? c. Why might the growth rates of revenues and net income differ? The net income growth for year 2016 ls %. (Round to two decimal places) The net income growth for year 2017 is % (Round to two decimal places.) The net income growth for year 2018 is 1% (Round to two decimal places) The net income growth for year 2019 is % (Round to two decimal places.) c. Why might the growth rates of revenues and net income differ? (Select from the drop-down menus.) Net Income growth rate differs from revenue growth rate because cost of goods sold and other expenses can move at different rates than revenues. For example, revenue in 2016 by 9.88%, however, cost of goods sold by 8.53% See Table 2.5 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 %. (Round to two decimal places.) The revenues growth for year 2017 is %. (Round to two decimal places.) The revenues growth for year 2018 is %. (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. See Table 2,5 m 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 20197 b. By what percentage did not income grow each year? c. Why might the growth rates of revenues and net income differ? The net income growth for year 2016 ls %. (Round to two decimal places) The net income growth for year 2017 is % (Round to two decimal places.) The net income growth for year 2018 is 1% (Round to two decimal places) The net income growth for year 2019 is % (Round to two decimal places.) c. Why might the growth rates of revenues and net income differ? (Select from the drop-down menus.) Net Income growth rate differs from revenue growth rate because cost of goods sold and other expenses can move at different rates than revenues. For example, revenue in 2016 by 9.88%, however, cost of goods sold by 8.53%
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