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? 2015 405.6 (189.9) 215.7 (676) (61.9) (29.2) 57.0 (32.0) 25.0 (8.8) 16.2 54.8 $0.30 2015 2016 360.9 (172.1) 188.8 (67.5) (58.1) (26.5) 36.7 (32.8) 3.9 (1.4) 2.5 54.8 S0.05 2016 2017 424.6 (204.3) 220.3 (83.3) (61.2) (35.3) 40.5 (34.0) 6.5 (2.3) 4.2 54.8 S0.08 2017 2018 513.9 (251.8) 262.1 (104.1) (64.9) (370) 56.1 (37.1) 19.0 (6.7) 12.3 54.8 $0.22 2018 2019 601.9 (289.7) 312.2 (123.9) (77.9) (40.3) 70.1 (40.1) 30.0 (10.5) 19.5 54.8 $0.36 2019 49.8 90.3 32.1 172.2 245.5 360.8 778.5 68.6 69.6 29.4 167.6 243.4 360.8 771.8 79.7 68.3 29.4 177.4 309.6 360.8 847.8 70.0 77.8 30.9 178.7 347.8 360.8 887.3 81.7 84.6 33.8 200.1 347.7 360.8 908.6 Income Statement Revenue Cost of Goods Sold Gross Profit Sales and Marketing Administration Depreciation & Amortization EBIT Interest Income (Expense) Pretax Income Income Tax Net Income Shares Outstanding (millions) Earnings per Share Balance Sheet Assets Cash Accounts Receivable Inventory Total Current Assets Net Property, Plant & Equipment Goodwill & Intangibles Total Assets Liabilities & Stockholders' Equity Accounts Payable Accrued Compensation Total Current Liabilities Long-Term Debt Total Liabilities Stockholders' Equity Total Liabilities & Stockholders' Equity Statement of Cash Flows Net Income Depreciation & Amortization Change in Accounts Receivable Change in Inventory Change in Pay. & Accrued Comp. Cash from Operations Capital Expenditures Cash from Investing Activ. Dividends Paid Sale (or Purchase) of Stock Debt Issuance (Pay Down) Cash from Financing Activ. Change in Cash Modern Stock Price 19.3 6.9 26.2 502.5 528.7 249.8 778.5 17.6 5.8 23.4 502.5 525.9 245.9 771.8 22.2 6.1 28.3 576.4 604.7 243.1 847.8 25.2 9.1 34.3 602.0 636.3 251.0 887.3 33.4 10.6 44.0 602.0 646.0 262.6 908.6 2019 19.5 40.3 2015 162 29.2 3.9 (2.9) 1.6 48.0 (25.5) (25.5) (6.3) 2016 2.5 26.5 20.7 2.7 (2.8) 49.6 (24.5) (24.5) (6.3) 2017 4.2 35.3 1.3 0.0 4.9 45.7 (102.2) (102.2) (6.3) 2018 12.3 37.0 (9.5) (1.5) 6.0 44.3 (73.3) (73.3) (6.3) (6.8) (2.9) 9.7 59.8 (42.0) (42.0) (6.1) (6.3) 16.2 $781 (6.3) 18.8 $3.54 73.9 67.6 11.1 S4 45 25.6 19.3 (9.7) S8 87 (6.1) 11.7 $1219