Answered step by step
Verified Expert Solution
Question
1 Approved Answer
1. Calculate the Geometric average rate of growth in Revenue for company. Show Work in Excel!!! (USD in millions) 2011 2012 2013 2014 2015 Revenue
1. Calculate the Geometric average rate of growth in Revenue for company. Show Work in Excel!!!
(USD in millions) | 2011 | 2012 | 2013 | 2014 | 2015 |
Revenue | $ 43,218.00 | $ 46,061.00 | $ 48,607.00 | $ 47,142.00 | $ 49,161.00 |
Cost of revenue | $ (16,682.00) | $ (17,852.00) | $ (19,167.00) | $ (19,373.00) | $ (19,480.00) |
Gross profit | $ 26,536.00 | $ 28,209.00 | $ 29,440.00 | $ 27,769.00 | $ 29,681.00 |
Research and development | $ (5,823.00) | $ (5,488.00) | $ (5,942.00) | $ (6,294.00) | $ (6,207.00) |
Sales, general and administrative | $ (11,720.00) | $ (11,969.00) | $ (11,802.00) | $ (11,437.00) | $ (11,861.00) |
Restructuring, merger and acquisition | $ (799.00) | $ (304.00) | $ (105.00) | $ (418.00) | $ (484.00) |
Operating income | $ 8,194.00 | $ 10,448.00 | $ 11,591.00 | $ 9,620.00 | $ 11,129.00 |
Interest expense | $ (628.00) | $ (596.00) | $ (583.00) | $ (564.00) | $ (566.00) |
Income before taxes | $ 7,566.00 | $ 9,852.00 | $ 11,008.00 | $ 9,056.00 | $ 10,563.00 |
Provision for income taxes | $ (1,335.00) | $ (2,118.00) | $ (1,244.00) | $ (1,862.00) | $ (2,220.00) |
Net income | $ 6,231.00 | $ 7,734.00 | $ 9,764.00 | $ 7,194.00 | $ 8,343.00 |
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access with AI-Powered Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started