Question

The first image is the original question, the rest are the answer choices for each box.

Question 2 0.75 pts Below is part of Workiva Inc.s income statements for 2016, 2017, and 2018. $ in thousands Revenue DecembQuestion 2 0.75 pts Below is part of Workiva Inc.s income statements for 2016, 2017, and 2018. $ in thousands Revenue DecembQuestion 2 0.75 pts Below is part of Workiva Inc.s income statements for 2016, 2017, and 2018. $ in thousands Revenue Cost oQuestion 2 0.75 pts Below is part of Workiva Inc.s income statements for 2016, 2017, and 2018. $ in thousands December Decem

0 0
Add a comment Improve this question Transcribed image text
Answer #1

2017's percentage change in revenue = Change in revenue/Revenue in 2016

= (207,869 - 178,646)/178,646

= 29,223/178,646

= 16.36%

Third option is the correct option

2017's percentage change in cost of revenue = Change in cost of revenue/Cost of revenue in 2016

= (60,245 - 51,625)/51,625

= 8,620/51,625

= 16.70%

Fourth option is the correct option

Yes, They are with in 1% of each other

First option is the correct option

kindly give a positive rating if you are satisfied with the solution. Please ask if you have any query related to the question, Thanks.

Add a comment
Know the answer?
Add Answer to:
The first image is the original question, the rest are the answer choices for each box....
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Not the answer you're looking for? Ask your own homework help question. Our experts will answer your question WITHIN MINUTES for Free.
Similar Homework Help Questions
  • The first image is the original question, the rest are the answer choices for each box....

    The first image is the original question, the rest are the answer choices for each box. Question 3 2.5 pts Below is part of Workiva Inc.'s income statements from 2016, 2017, and 2018 $ in thousands Revenue Cost of Revenue Gross Profit Research & Development General & administrative Expenses December 31, December 31, December 2018 2017 31, 2016 $244,344 $207,869 $178,646 65,860 60,245 51,625 178,484 147,624 127,021 81,602 68,172 57,438 90,337 84,161 80,466 Using 2016 as the base year what...

  • D Question 2 0.75 Apts Home M Below is part of Workiva Inc.'s income statements for...

    D Question 2 0.75 Apts Home M Below is part of Workiva Inc.'s income statements for 2016, 2017, and 2018. $ in thousands December 31, 2018 $244,344 65,860 178,484 December 31, December 2017 31, 2016 $207,869 $178,646 60,245 51,625 147,624 127,021 Revenue Cost of Revenue Gross Profit Research & Development General & administrative Expenses 81,602 68,17257,438 90,337 84,161 80,466 What is 2017's percentage change in Revenue? Select) What is 2017's percentage change in Cost of Revenue? Did the percentage change...

  • Question 1 0.25 Why are operations from discontinued operations reported separately from other operations? They aren't...

    Question 1 0.25 Why are operations from discontinued operations reported separately from other operations? They aren't listed separately. It is a requirement under the Sarbanes Oxley Act Discontinued operations will not continue into the future Question 2 0.75Apts Home M Below is part of Workiva Inc.'s income statements for 2016, 2017, and 2018. December 31, December 31, December $ in thousands 2018 2017 31, 2016 Revenue $244,344 65,860 178,484 $207,869 $178,646 51,625 Cost of Revenue 60,245 Gross Profit Research &...

  • UUTTUNU Below is part of Workiva Inc.'s income statements from 2016, 2017, and 2018 $ in thousands Revenue Cost of Reve...

    UUTTUNU Below is part of Workiva Inc.'s income statements from 2016, 2017, and 2018 $ in thousands Revenue Cost of Revenue Gross Profit Research & Development December December December 31, 2018 31, 2017 31, 2016 $244,344 $207,869 $178,646 65,860 60,245 51,625 178,484 147,624 127,021 81,602 68,172 57,438 General & administrative Expenses 90,337 84,161 80,466 Using 2016 as the base year what is the trend percentage of Revenue in 2017? [ Select] Using 2016 as the base year what is the...

  • Question 3 2.5 pts Below is part of Workiva Inc.'s income statements from 2016, 2017, and 2018 Sin thousands Decemb...

    Question 3 2.5 pts Below is part of Workiva Inc.'s income statements from 2016, 2017, and 2018 Sin thousands December 31, December 31, December 2018 2017 31, 2016 Revenue $244,344 $207,869 $178,646 Cost of Revenue 65,860 60,245 51,625 Gross Profit 178,484 147,624 127,021 Research & Development 81,602 68,172 57,438 General & administrative 90,337 84,161 80,466 Expenses Using 2016 as the base year what is the trend percentage of Revenue in 2017? Select ] Using 2016 as the base year what...

  • The first image is the original question, the rest are the answer choices for each box....

    The first image is the original question, the rest are the answer choices for each box. Question 5 3.5 pts in millions Revenue Cost of Sales Gross Profit Operating Expenses Research and Development Selling General and Administrative Apple fye 9/29/2018 $ 265,595 $ 163,756 $ 101,839 Microsoft fye 6/30/2018 $ 110,360 $ 38,353 $ 72,007 $ $ 14,236 16,705 $ $ 14,726 22,223 What is Apple's vertical analysis percentage for Revenue? (Select] What is Apple's vertical analysis percentage for Cost...

  • The first image is the original question, the rest are the answer choices for each box....

    The first image is the original question, the rest are the answer choices for each box. Last two images are apples financial statements. Question 4 4.5 pts Under the Chapter 12 Module you will find a document called "Apple IncBS for Homework". You will need that document to answer the following questions. What is Apple's Net Working Capital in 2018? [Select] What is Apple's Current Ratio in 2018? [Select] What is Apple's Debt Ratio in 2018? [Select] What is Apple's...

  • The first image is the original question, the rest are the answer choices for each box....

    The first image is the original question, the rest are the answer choices for each box. Question 4 2 pts Net Income for A company is $100,000. The company had $14,000 in depreciation expense, a loss on the sale of Equipment of $1,000, an increase in accounts payable of $7,000, a decrease in accounts receivable of $5,000, an increase in inventory of $6,000, and a decrease in unearned revenue of $2,000 Fill out the Cash Flow Statement below. Note that...

  • The first image is the original question, the rest are the answer choices for each box....

    The first image is the original question, the rest are the answer choices for each box. Question 4 1.5 pts On September 18th, 2019 Microsoft Corp. announced that its board of directors declared a quarterly dividend of $0.51 per share, reflecting a 5 cent or 11% increase over the previous quarter's dividend. The dividend is payable Dec. 12, 2019, to shareholders of record on Nov. 21, 2019. Microsoft has 7.71B shares outstanding. What is the journal entry Microsoft records on...

  • The first image is the original question, the rest are the answer choices for each box....

    The first image is the original question, the rest are the answer choices for each box. Question 5 2 pts Below is activity for A Company during the year. Sold Equipment for $65,000 Purchased new Equipment for $140,000 Issued bonds for $100,000 Paid $20,000 in dividends to common stockholders. Received $200,000 when the company had a seasoned equity offering (sold common stock). Paid back a $300,000 Note Payable Fill out the Investing and Financing Section of A Company's cash flow...

ADVERTISEMENT
Free Homework Help App
Download From Google Play
Scan Your Homework
to Get Instant Free Answers
Need Online Homework Help?
Ask a Question
Get Answers For Free
Most questions answered within 3 hours.
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT