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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
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 2013 to 2016? 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 2013 to 2016? The revenues growth for year 2013 is %. (Round to two decimal places.) The revenues growth for year 2014 is %. (Round to two decimal places.) The revenues growth for year 2015 is \%. (Round to two decimal places.) The revenues growth for year 2016 is \%. (Round to two decimal places.) b. By what percentage did net income grow each year? The net income growth for year 2013 is \%. (Round to two decimal places.) The net income growth for year 2014 is \%. (Round to two decimal places.) The net income growth for year 2015 is \%. (Round to two decimal places.) The net income growth for year 2016 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, revenues in 2013 by 10.02%, however, cost of goods sold by 7.70%. 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 2013 to 2016? 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 2013 to 2016? The revenues growth for year 2013 is %. (Round to two decimal places.) The revenues growth for year 2014 is %. (Round to two decimal places.) The revenues growth for year 2015 is \%. (Round to two decimal places.) The revenues growth for year 2016 is \%. (Round to two decimal places.) b. By what percentage did net income grow each year? The net income growth for year 2013 is \%. (Round to two decimal places.) The net income growth for year 2014 is \%. (Round to two decimal places.) The net income growth for year 2015 is \%. (Round to two decimal places.) The net income growth for year 2016 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, revenues in 2013 by 10.02%, however, cost of goods sold by 7.70%
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