# Almarhoum Berk DeMarzo Problem 2-13 Start

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Almarhoum Berk DeMarzo Problem 2-13 Start
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Problem 2-13a. By what percentage did Mydeco’s revenues grow each year fro b. By what percentage did net income grow each year? a. By what percentage did Mydeco’s revenues grow each year fro 20162017Growth rate in revenues -10.02%16.71%b. By what percentage did net income grow each year?20162017Growth rate in net income -83.39%110.87%2015-2019 Financial Statement Data and Stock Price Data fo (All data as of fiscal year end; in \$ millions) Income Statement 20152016 Revenue 404.3 363.8 Cost of Goods Sold (188.3)(173.8) Gross Profit 216.0 190.0 Sales and Marketing (66.7)(66.4)Administration (60.6)(59.1)Depreciation & Amortization (27.3)(27.0) EBIT 61.4 37.5 See the table far below showing financial statement data and stock pric Complete the steps below using cell references to given data or pre simple cell reference is all you need. To copy/paste a formula across absolute cell reference or a mixed cell reference may be preferred. used, the directions will specify the use of that function. Do not typ function. Instead, make a reference to the cell in which the data is f only in the blue cells highlighted below. In all cases, unless otherwi appearance of the data in your formulas, usually the Given Data se  Interest Income (Expense) (33.7)(32.9) Pretax Income 27.7 4.6 Income Tax (9.7)(1.6) Net Income 18.0 3.0 Shares outstanding (millions) 55.0 55.0  Earnings per share \$0.33 \$0.05 Balance Sheet20152016  Assets Cash48.8 68.9 Accounts Receivable88.6 69.8 Inventory33.7 30.9 Total Current Assets 171.1 169.6  Net Property, Plant & Equip.245.3 243.3 Goodwill & Intangibles361.7 361.7 Total Assets 778.1 774.6  Liabilities & Stockholders’ Equity Accounts Payable18.7 17.9 Accrued Compensation6.7 6.4 Total Current Liabilities 25.4 24.3 Long-term Debt500.0 500.0 Total Liabilities 525.4 524.3 Stockholders’ Equity252.7 250.3 778.1 774.6 Statement of Cash Flows20152016  Net Income18.0 3.0 Depreciation & Amortization27.3 27.0 Chg. in Accounts Receivable3.9 18.8 Chg. in Inventory(2.9)2.8 Chg. in Payables & Accrued Comp.2.2 (1.1) Cash from Operations 48.5 50.5 Capital Expenditures(25.0)(25.0) Cash from Investing Activities (25.0)(25.0)Dividends Paid(5.4)(5.4)Sale (or Purchase) of Stock0.0 0.0 Debt Issuance (Pay Down)0.0 0.0 Total Liabilities & Stockholders'Equity  Cash from Financing Activities (5.4)(5.4) Change in Cash 18.1 20.1  Mydeco Stock Price\$7.92 \$3.30 Requirements1. Start Excel - completed. 2.3.4.5.6. Save the workbook. Close the workbook and then exit Excel. Su In cell D11 , by using cell references, calculate the growth rate in To calculate the growth rate in revenues for 2017-2019, copy cel E11:G11   (1 pt.) . In cell D16 , by using cell references, calculate the growth rate in To calculate the growth rate in net income for 2017-2019, copy E16:G16   (1 pt.) .   2016–2019? 2016–2019? 20182019 20.28%18.29% 20182019 102.06%70.41% r Mydeco Corp.201720182019 424.6 510.7 604.1 (206.2)(246.8)(293.4)218.4 263.9 310.7 (82.8)(102.1)(120.8)(59.4)(66.4)(78.5)(34.3)(38.4)(38.6)41.9 57.0 72.8 data for Mydeco Corp.  ious calculations. In some cases, a a row or down a column, an f a specific Excel function is to be in numerical data into a cell or ound. Make your computations e directed, use the earliest ction.  (32.2)(37.4)(39.4)9.7 19.6 33.4 (3.4)(6.9)(11.7)6.3 12.7 21.7 55.0 55.0 55.0 \$0.11 \$0.23 \$0.39 201720182019 86.3 77.5 85.0 69.8 76.9 86.1 28.4 31.7 35.3 184.5 186.1 206.4 309.0 345.6 347.0 361.7 361.7 361.7 855.2 893.4 915.1 22.0 26.8 31.7 7.0 8.1 9.7 29.0 34.9 41.4 575.0 600.0 600.0 604.0 634.9 641.4 251.2 258.5 273.7 855.2 893.4 915.1 201720182019 6.3 12.7 21.7 34.3 38.4 38.6 0.0 (7.1)(9.2)2.5 (3.3)(3.6)4.7 5.9 6.5 47.8 46.6 54.0 (100.0)(75.0)(40.0)(100.0)(75.0)(40.0)(5.4)(5.4)(6.5)0.0 0.0 0.0 75.0 25.0 0.0

Oct 16, 2019

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Oct 16, 2019
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