Table $2\mathrm{.}52015-2019$ Financial Statement Data and Stock Price Data for Mydeco Corp.

$$Mydeco Corp. $20122016($All data as of fiscal year end; $ in millions$)$

Income Statement $20152016201720182019$

Revenue $404\mathrm{.}3363\mathrm{.}8424\mathrm{.}6510\mathrm{.}7604\mathrm{.}1$

Cost of Goods Sold $-188\mathrm{.}3-173\mathrm{.}8-206\mathrm{.}2-246\mathrm{.}8-293\mathrm{.}4$

Gross profit $216190218\mathrm{.}4263\mathrm{.}9310\mathrm{.}7$

Sales and Marketing $-66\mathrm{.}7-66\mathrm{.}4-82\mathrm{.}8-102\mathrm{.}1-120\mathrm{.}8$

Administration $-60\mathrm{.}6-59\mathrm{.}1-59\mathrm{.}4-66\mathrm{.}4-78\mathrm{.}5$

Depreciation & Amortization $-27\mathrm{.}3-27-34\mathrm{.}3-38\mathrm{.}4-38\mathrm{.}6$

EBIT $61\mathrm{.}437\mathrm{.}541\mathrm{.}95772\mathrm{.}8$

Interest Income $($Expense$)-33\mathrm{.}7-32\mathrm{.}9-32\mathrm{.}2-37\mathrm{.}4-39\mathrm{.}4$

Pretax Income $27\mathrm{.}74\mathrm{.}69\mathrm{.}719\mathrm{.}633\mathrm{.}4$

Income Tax $-9\mathrm{.}7-1\mathrm{.}6-3\mathrm{.}4-6\mathrm{.}9-11\mathrm{.}7$

Net Income $1836\mathrm{.}312\mathrm{.}721\mathrm{.}7$

Shares outstanding $($millions$)5555555555$

Earnings per share $$0\mathrm{.}33$ $$0\mathrm{.}05$ $$0\mathrm{.}11$ $$0\mathrm{.}23$ $$0\mathrm{.}39$

Balance Sheet $20152016201720182019$

Assets

Cash $48\mathrm{.}868\mathrm{.}886\mathrm{.}277\mathrm{.}484\mathrm{.}9$

Accounts Receivable $88\mathrm{.}669\mathrm{.}869\mathrm{.}876\mathrm{.}986\mathrm{.}1$

Inventory $33\mathrm{.}730\mathrm{.}928\mathrm{.}431\mathrm{.}735\mathrm{.}3$

Total Current Assets $171\mathrm{.}1169\mathrm{.}5184\mathrm{.}4186206\mathrm{.}3$

Net Property, Plant & Equip. $245\mathrm{.}3243\mathrm{.}3309345\mathrm{.}6347$

Goodwill & Intangibles $361\mathrm{.}7361\mathrm{.}7361\mathrm{.}7361\mathrm{.}7361\mathrm{.}7$

$778\mathrm{.}1774\mathrm{.}5855\mathrm{.}1893\mathrm{.}3915$

Liabilities & Stockholders' Equity

Accounts Payable $18\mathrm{.}717\mathrm{.}92226\mathrm{.}831\mathrm{.}7$

Accrued Compensation $6\mathrm{.}76\mathrm{.}478\mathrm{.}19\mathrm{.}7$

Current Liabilities $25\mathrm{.}424\mathrm{.}32934\mathrm{.}941\mathrm{.}4$

Long$-$term Debt $500500575600600$

Total Liabilities $525\mathrm{.}4524\mathrm{.}3604634\mathrm{.}9641\mathrm{.}4$

Stockholders$$ Equity $252\mathrm{.}7250\mathrm{.}3251\mathrm{.}2258\mathrm{.}5273\mathrm{.}7$

Total Liabilities & Stockholders' Equity $778\mathrm{.}1774\mathrm{.}6855\mathrm{.}2893\mathrm{.}4915\mathrm{.}1$

Statement of Cash Flows $20152016201720182019$

Net Income $1836\mathrm{.}312\mathrm{.}721\mathrm{.}7$

Depreciation & Amortization $27\mathrm{.}32734\mathrm{.}338\mathrm{.}438\mathrm{.}6$

Chg$.$ In Accounts Receivable $3\mathrm{.}918\mathrm{.}80-7\mathrm{.}1-9\mathrm{.}2$

Chg$.$ In Inventory $-2\mathrm{.}92\mathrm{.}82\mathrm{.}5-3\mathrm{.}3-3\mathrm{.}6$

Chg$.$ In Payables & Accrued Comp $2\mathrm{.}2-1\mathrm{.}14\mathrm{.}75\mathrm{.}96\mathrm{.}5$

Cash from Operations $48\mathrm{.}550\mathrm{.}547\mathrm{.}846\mathrm{.}654$

Capital Expenditures $-25-25-100-75-40$

Cash from Investing Activities $-25-25-100-75-40$

Dividends Paid $-5\mathrm{.}4-5\mathrm{.}4-5\mathrm{.}4-5\mathrm{.}4-6\mathrm{.}5$

Sale $($or purchase$)$ of stock $00000$

Debt Issuance $($Pay Down$)0075250$

Cash from Financing Activities $-5\mathrm{.}4-5\mathrm{.}469\mathrm{.}619\mathrm{.}6-6\mathrm{.}5$

Change in Cash $18\mathrm{.}120\mathrm{.}117\mathrm{.}4-8\mathrm{.}87\mathrm{.}5$

Mydeco Stock Price $$7\mathrm{.}90$ $$3\mathrm{.}29$ $$5\mathrm{.}23$ $$8\mathrm{.}70$ $$10\mathrm{.}87$ See Table $2\mathrm{.}5$ 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 net income and revenues differ?

$2016201720182019$

a$.$ Growth rate in revenues

b$.$ Growth rate in net income

c$.$ Why are they different?