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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

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