Question

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 is the trend percentage of Revenue in 2018? [Select) Using 2016 as the base year what is the trend percentage of Cost of Revenue in 2017? [Select] Using 2016 as the base year what is the trend percentage of Cost of Revenue in 2018? [ Select] Was the trend percentage for Revenue in 2018 higher or lower than the trend percentage for Cost of Revenue in 2018? [Select]

Answer 1

Workiva Incas Trend % ge of Revenue in 2017.:- ( bas year 2016) W Revenue of 08017 X100 Recenes of roll Barcelona = 207869_X100 = 116.3580 % 178646 (6 Trend lege of Revenue in 2018 - (base year 2016) - Reveruse of 2018 X 100 Reveni o 90/6 (Boxe yeal Revence) = 136.7755) $244344_x 100 178646 (c) Trend % ge of lest of Revenue in 2017 - Base you go = Cost of Revenue 2017 Cost of Revenue do 16 = $60aus x100 = 116.6 97% $ 51625 (61 Trend Ige of last of Revenue in 2018 :- Base you Head doll - Cost of Revenue 2018 C# ปี R41021 32 14 = 4 65 66 4S)(2) kloo x 127.5 738%

no Trendt. of Revenue 4 percentage for cost of in 2018 is higher Revenu in 2018! than treing trend Irend l.ge of Rouenue 2018 136.77555 %. trend l.ge 127.58384. of cost of Revenue 7