The revenues growth for 2015 is Kaylyn King&1 914/18 6:5 Stelk rk: Chapter 2 Hom

Question

The revenues growth for 2015 is Kaylyn King&1 914/18 6:5 Stelk rk: Chapter 2 Homework Problems 45 of 20 (4 complete) HW Score: 16 6796, 3 33 of Help Data Table 2012-2016 Financial Statement Data and Stock Price Data for Mydeco Corp. (All data as of fiscal year end; in $ millions) 2012 2013 2014 2015 2016 Income Statement 600.7 421.1 (201.9) 219 514.7 405 6 (183 6) 2220 (66 3) Cost of Goods Sold 177 4) 241.8) 189.3 (60 0) 35 5 304 8 (96 3) (1190) 77 2) 396) 871 2729 Gross Proft Sales and Marketing Administration (67.7) 27.0) 66.6 (33.1 (36 1) 41.9 69 3 33.9 22 0 71.5 EBIT interest Income (Expense) (35 4 32 8 11 5) 21 55.7 Pretax Income 8.1 Income Tax Net Income Shares Outstanding (milions) Eamings per Share Balance Sheet 21.8 65 7 0 39 55 7 50 04 55.7 50.10 55.7 $0.39 50.38 2012 2013 2014 2015 2016 779 47 3 06 8 32.1 62 9 68.9 78.5 68 9 29.4 854 87 7 34 6 Accounts Recelvable 319 Total Currant Asset 629 Print Done

Explanation / Answer

Answer = 22.23% Calculation: The revenues growth for 2015 = 514.70/421.10-1 = 22.23%

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