Question: Consider the financial statement data and stock price data for Mydeco Corp. Click the icon to view the financial statement and stock price data. a


Consider the financial statement data and stock price data for Mydeco Corp. Click the icon to view the financial statement and stock price data. a By what percentage did Mydeco's revenues grow each year from 2015 to 2018? 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 2015 to 2018? The revenues growth for year 2015 is - 10,32%. (Round to two decimal places.) The revenues growth for year 2016 is %. (Round to two decimal places.) core: 56.5%, 11.3 of 20 points mcke Data table X nen s gr ach dne (190.5) gr Rou 60.3 2014-2018 Financial Statement Data and Stock Price Data for Mydeco Corp. (All data as of fiscal year end; in $ millions) Income Statement 2014 2015 2016 2017 Revenue 406.8 364.8 426.5 508.7 Cost of Goods Sold (176.5) (203.2) (246.4) Gross Profit 216.3 188.3 223.3 262.3 Sales and Marketing (68.6) (65.9) (84.5) (97.3) Administration (60.6) (57.7) (59.4) (65.6) Depreciation & Amortization (26.8) (27.8) (33.5) (39.4) EBIT 36.9 45.9 60.0 Interest Income (Expense) (33.8) (32.0) (31.9) (37.2) Pretax Income 26.5 4.9 14.0 22.8 Income Tax (9.3) (1.7) (4.9) (8.0) Net Income 17.2 3.2 9.1 14.8 Shares Outstanding (millions) 55.9 55.9 55.9 55.9 Earnings per Share $0.31 $0.06 $0.16 $0.26 Balance Sheet 2014 2015 2016 2017 Assets Cash 48.8 65.1 81.8 79.9 Accounts Receivable 89.6 71.7 71.7 76.9 Inventory 33.1 31.7 30.1 30.4 Total Current Assets 171.5 168.5 183.6 187.2 Net Property, Plant & Equipment 248.4 243.4 305.1 343.8 Goodwill & Intangibles 359.8 359.8 359.8 359.8 Total Assets 779.7 771.7 848.5 890.8 Liabilities & Stockholders' Fauity 2018 606.3 (296.7) 309.6 (116.5) (78.9) (39.3) 74.9 (39.7) 35.2 (12.3) 22.9 55.9 $0.41 2018 88.1 86.6 35.6 210.3 348.8 359.8 918.9 Print Done
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