1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Sergeeva-Olga [200]
3 years ago
13

By what percentage did​ mydeco's revenues grow each year from 2010 to​ 2013?b. by what percentage did net income grow each​ year

?c. why might the growth rates of revenues and net income​ differ?

Business
1 answer:
VladimirAG [237]3 years ago
4 0

Answer:

A) I can calculate by what percentage mydeco's revenues grew from 2012 to 2016.

total revenue 2012 = $402.5 million

total revenue 2016 = $606.4 million

change in revenue = ($606.4 - $402.5) / $402.5 = $203.9 / $402.5 = 50.66%

B) net income grew by:

net income 2012 = $18.1 million

net income 2016 = $27.4 million

change in net income = ($27.4 - $18.1) / $18.1 = $9.3 / $18.1 = 51.38%

C) For the years 2012 and 2016 the net income was very similar to total revenue, but that didn't happen during 2014 and 2015 since revenues increased, but net income decreased. The problem that mydeco faced during those years was that their costs, both COGS and sales and marketing costs increased by a much larger proportion than revenue. This is specially true for sales and marketing costs that increased almost 50% (between 2012 -2015) while revenues increased only 25%. Probably the company had to invest a lot of resources to rebound their sales since they plummeted in 2013.

You might be interested in
The difference between actual and standard cost caused by the difference between the actual quantity and the standard quantity i
victus00 [196]

Answer:

Quantity variance.

Explanation:

The difference between actual and standard cost caused by the difference between the actual quantity and the standard quantity is called the Quantity variance.

For instance, if Tony needs a standard quantity of 50 pounds of iron to construct a burglary, but only used 51 pounds, then the quantity variance is 1 pound of iron.

<em>Hence, the quantity variance is simply the difference between the actual quantity of materials that should be used and the quantity of materials that was used. </em>

5 0
3 years ago
Suppose touchtech, a hand-held computing firm, is selling bonds to raise money for a new lab—a practice known as finance. buying
lbvjy [14]
Just think here itll come to you eventually
 <span />
7 0
3 years ago
Laura has one risk-free asset and one risky stock in her portfolio. The risk-free asset has an expected return of 3.2 percent. T
Rudiy27
The answer is D) 11.98 percent
8 0
2 years ago
When loan payments are amortized, the total amount you owe every month​
Naddik [55]

Answer:

<em>Since amortization means the period repayment of a loan, with a specific amount going to the principal and interest payments, the amortization schedule amounts to a total fixed monthly payment of $836.03 over the life of the mortgage loan.</em>

Explanation:

8 0
2 years ago
A company is setting its direct materials and direct labor standards for its leading product. Direct materials cost from the sup
podryga [215]

Direct Material Cost Per Square Foot= 8+.1= 8.1 per square foot.

5 0
3 years ago
Other questions:
  • 1. Given the nominal interest rate of 17​% and the expected inflation of 13​%, then the value of the real interest rate is ___ ?
    15·1 answer
  • PA8.
    7·1 answer
  • Which of the following is NOT a valid condition for denying a patent application?Select one:
    11·1 answer
  • On January 1, 2021, a company signs a 25-year lease for land. Annual payments of $20,000 begin on December 31, 2021. The company
    6·1 answer
  • First Community Bank spent a considerable amount of money updating its lobby with plush sofas, a large-screen television, and a
    15·2 answers
  • if shelly is selling seashells at $5.00 a piece which costs her $2.00 and all of her expenses for running her business are $300
    11·1 answer
  • Leslie was participating in a market research study, and she was asked to list all of the brands of computer printers that come
    6·2 answers
  • Which of the following statements about material requisitions is false? a. Material requisitions are often computerized. b. Mate
    12·1 answer
  • Doing the right task is known in management as what
    10·1 answer
  • Sallie's Sandwiches​Sallie's Sandwichesis financed using 20% debt at a cost of 8%. Sallie projects combined free cash flows and
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!