Answered step by step
Verified Expert Solution
Link Copied!

Question

00
1 Approved Answer

The first image is the original question, the rest are the answer choices for each box. Question 3 2.5 pts Below is part of Workiva

The first image is the original question, the rest are the answer choices for each box.

image text in transcribedimage text in transcribedimage text in transcribedimage text in transcribedimage text in transcribedimage text in transcribed

Question 3 2.5 pts Below is part of Workiva Inc.'s income statements from 2016, 2017, and 2018 $ in thousands Revenue Cost of Revenue Gross Profit Research & Development General & administrative Expenses December 31, December 31, December 2018 2017 31, 2016 $244,344 $207,869 $178,646 65,860 60,245 51,625 178,484 147,624 127,021 81,602 68,172 57,438 90,337 84,161 80,466 Using 2016 as the base year what is the trend percentage of Revenue in 2017? [Select] Using 2016 as the base year what is the trend percentage of Revenue in 2018? [ Select ] Using 2016 as the base year what is the trend percentage of Cost of Revenue in 2017? [ Select] Using 2016 as the base year what is the trend percentage of Cost of Revenue in 2018? [ Select] Was the trend percentage for Revenue in 2018 higher or lower than the trend percentage for Cost of Revenue in 2018? [Select] Question 3 2.5 pts Below is part of Workiva Inc.'s income statements from 2016, 2017, and 2018 $ in thousands Revenue Cost of Revenue Gross Profit Research & Development General & administrative Expenses December 31, December 31, December 2018 2017 31, 2016 $244,344 $207,869 $178,646 65,860 60,245 51,625 178,484 147,624 127,021 | 81,602 68,172 57,438 90,337 84,161 80,466 Using 2016 as the base year what is the trend percentage of Revenue in 2017? [Select ] 116% 86% 14.06% 16.36% 100% what is the trend percentage of Revenue in 2018? Using 2016 as the base year what is the trend percentage of Cost of Revenue in 2017? [ Select] Using 2016 as the base year what is the trend percentage of Cost of Revenue in 2018? [Select] Was the trend percentage for Revenue in 2018 higher or lower than the trend percentage for Cost of Revenue in 2018? [Select] Question 3 2.5 pts Below is part of Workiva Inc.'s income statements from 2016, 2017, and 2018 $ in thousands Revenue Cost of Revenue Gross Profit Research & Development General & administrative Expenses December 31, December 31, December 2018 2017 31, 2016 $244,344 $207,869 $178,646| 65,860 60,245 51,625 178,484 147,624 127,021 81,602 68,172 57,438 90,337 84,161 80,466 Using 2016 as the base year what is the trend percentage of Revenue in 2017? [ Select ] Using 2016 as the base year what is the trend percentage of Revenue in 2018? [Select ] 116% 17.5% 14.9% 137% 118% What is the trend percentage of Cost of Revenue in 2017? Using 2016 as the base year what is the trend percentage of Cost of Revenue in 2018? [ Select] Was the trend percentage for Revenue in 2018 higher or lower than the trend percentage for Cost of Revenue in 2018? [Select] Question 3 2.5 pts Below is part of Workiva Inc.'s income statements from 2016, 2017, and 2018 $ in thousands Revenue Cost of Revenue Gross Profit Research & Development General & administrative Expenses December 31, December 31, December 2018 2017 31, 2016 $244,344 $207,869 $178,646 65,860 60,245 51,625 178,484 147,624 127,021 81,602 57,438 68,172 90,337 84,161 80,466 Using 2016 as the base year what is the trend percentage of Revenue in 2017? [ Select] Using 2016 as the base year what is the trend percentage of Revenue in 2018? [Select] Using 2016 as the base year what is the trend percentage of Cost of Revenue in 2017? [Select] 117% 100% 16.7% 86% what is the trend percentage of Cost of Revenue in 2018? Was the trend percentage for Revenue in 2018 higher or lower than the trend percentage for Cost of Revenue in 2018? (Select ] Question 3 2.5 pts Below is part of Workiva Inc.'s income statements from 2016, 2017, and 2018 $ in thousands Revenue Cost of Revenue Gross Profit Research & Development General & administrative Expenses December 31, December 31, December 2018 2017 31, 2016 $244,344 $207,869 $178,646 65,860 60,245 51,625 178,484 147,624 127,021 81,602 68,172 57,438 90,337 84,161 80,466 Using 2016 as the base year what is the trend percentage of Revenue in 2017? [ Select] Using 2016 as the base year what is the trend percentage of Revenue in 2018? [ Select] Using 2016 as the base year what is the trend percentage of Cost of Revenue in 2017? [Select] Using 2016 as the base year what is the trend percentage of Cost of Revenue in 2018? Select] 128% 8.5% 9.3% 109% VITUVUUSTU Revenue in 2018 higher or lower than the trend percentage for Cost Question 3 2.5 pts Below is part of Workiva Inc.'s income statements from 2016, 2017, and 2018 $ in thousands Revenue Cost of Revenue Gross Profit Research & Development General & administrative Expenses December 31, December 31, December 2018 2017 31, 2016 $244,344 $207,869 $178,646 65,860 60,245 51,625 178,484 147,624 127,021 81,602 68,172 57,438 90,337 84,161 80,466 Using 2016 as the base year what is the trend percentage of Revenue in 2017? [Select] Using 2016 as the base year what is the trend percentage of Revenue in 2018? [Select] Using 2016 as the base year what is the trend percentage of Cost of Revenue in 2017? [Select] Using 2016 as the base year what is the trend percentage of Cost of Revenue in 2018? [Select] Was the trend percentage for Revenue in 2018 higher or lower than the trend percentage for Cost of Revenue in 2018 [Select ] lower higher

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access with AI-Powered Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Advanced Accounting

Authors: Joe Hoyle, Thomas Schaefer, Timothy Doupnik

10th edition

0-07-794127-6, 978-0-07-79412, 978-0077431808

Students also viewed these Accounting questions