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 2016-2019? 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 2016-2019? The revenues growth for year 2016 is %. (Round to two decimal places.) %. (Round to two decimal places.) The revenues growth for year 2017 is 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.) The net income growth for year 2017 is %. (Round to two decimal places.) The net income growth for year 2018 is %. (Round to two decimal places.) The net income growth for year 2019 is %. (Round to two decimal places.) Data table 2015 2015-2019 Financial Statement Data and Stock Price Data for Mydeco Corp. (All data as of fiscal year end; in $ millions) Income Statement 2016 2017 2018 2019 Revenue 403.2 361.5 423.3 514.5 Cost of Goods Sold (184.8) (170.8) (205.0) (242.8) 601.5 (294.0) Gross Profit 218.4 190.7 218.3 271.7 307.5 Sales and Marketing (65.5) (65.3) (83.3) (101.4) (121.2) Administration (62.1) (60.2) (60.4) (65.6) (78.0) Depreciation & Amortization: (27.6) (25.8) (35.5) (39.5) (38.7) EBIT 63.2 39.4 39.1 65.2 69.6 Interest Income (Expense) (34.0) (32.8) (30.4) (38.2) (38.3) Pretax Income 29.2 6.6 8.7 27.0 31.3 Income Tax (7.3) (1.7) (2.2) (6.8) (7.8) Net Income Shares Outstanding (millions) Earnings per Share 21.9 4.9 6.5 20.2 23.5 55.5 55.5 55.5 55.5 55.5 $0.39 $0.09 $0.12 $0.36 $0.42 Balance Sheet 2015 2016 2017 2018 2019 Assets. Cash 48.2 66.4 87.0 84.2 95.9 Accounts Receivable 87.2 68.2 68.3 76.5 84.4 Inventory 31.9 31.4 27.7 29.8 35.3 Total Current Assets 167.3 166.0 183.0 190.5 215.6 Total Current Assets 167.3 166.0 183.0 190.5 215.6 Net Property, Plant & Equipment 249.5 246.4 310.7 345.5 351.9 Goodwill & Intangibles 359.5 359.5 359.5 359.5 359.5 Total Assets 776.3 771.9 853.2 895.5 927.0 Liabilities & Stockholders' Equity Accounts Payable 18.6 17.9 23.9 25.3 32.6 Accrued Compensation 6.7 6.4 7.7 8.4 10.2 Total Current Liabilities 25.3 24.3 31.6 33.7 42.8 Long-Term Debt 503.7 503.7 579.3 603.2 603.2 Total Liabilities 529.0 528.0 610.9 636.9 646.0 Stockholders' Equity 247.3 243.9 242.3 258.6 281.0 Total Liabilities & Stockholders' 776.3 771.9 853.2 895.5 927.0 Equity Statement of Cash Flows 2015 2016 2017 2018 2019 Net Income 21.9 4.9 6.5 20.2 23.5 Depreciation & Amortization 27.6 25.8 35.5 39.5 38.7 Change in Accounts Receivable 3.9 19.0 -0.1 (8.2) (7.9) Change in Inventory (2.9) 0.5 3.7 (2.1) (5.5) Change in Pay. & Accrued Comp. 1.6 (1.0) 7.3 2.1 9.1 Cash from Operations 52.1 49.2 52.9 51.5 57.9 Capital Expenditures (25.4) (25.9) (102.8) (73.1) (40.4) Cash from Investing Activ. (25.4) (25.9) (102.8) (73.1) (40.4) Diddanao Dald E Accrued Compensation 6.7 6.4 7.7 8.41 10.2 Total Current Liabilities 25.3 24.3 31.6 33.7 42.8 Long-Term Debt 503.7 503.7 579.3 603.2 603.2 Total Liabilities 529.0 528.0 610.9 636.9 646.0 Stockholders' Equity 247.3 243.9 242.3 258.6 281.0 Total Liabilities & Stockholders' 776.3 771.9 853.2 895.5 927.0 Equity Statement of Cash Flows 2015 2016 2017 2018 2019 Net Income 21.9 4.9 6.5 20.2 23.5 Depreciation & Amortization 27.6 25.8 35.5 39.5 38.7 Change in Accounts Receivable 3.9 19.0 -0.1 (8.2) (7.9) Change in Inventory (2.9) 0.5 3.7 (2.1) (5.5) Change in Pay & Accrued Comp. 1.6 (1.0) 7.3 2.1 9.1 Cash from Operations 52.1 49.2 52.9 51.5 57.9 Capital Expenditures (25.4) (25.9) (102.8) (73.1) (40.4) Cash from Investing Activ (25.4) (25.9) (102.8) (73.1) (40.4) Dividends Paid (5.1) (5.1) (5.1) (5.1) (5.8) Sale (or Purchase) of Stock Debt Issuance (Pay Down) 75.6 23.9 Cash from Financing Activ. (5.1) (5.1) 70.5 18.8 (5.8) Change in Cash 21.6 18.2 20.6 (2.8) 11.7 Mydeco Stock Price $8.48 $2.75 $5.11 $9.33 $9.07