Sun Microsystems is a leading supplier of computer-related products, including servers, workstations, storage devices, and network switches. In 2009, Sun Microsystems was acquired by Oracle Corporation. In the letter to stockholders as part of the 2001 annual report, President and CEO Scott G. McNealy offered the following remarks: Fiscal 2001 was clearly a mixed bag for Sun, the industry, and the economy as a whole. Still, we finished with revenue growth of 16 percentand that's significant. We believe it's a good indication that Sun continued to pull away from the pack and gain market share. For that, we owe a debt of gratitude to our employees worldwide, who aggressively brought costs downeven as they continued to bring exciting new products to market. The statement would not appear to be telling you enough. For example, McNealy says the year was a mixed bag with revenue growth of 16 percent. But what about earnings? You can delve further by examining the income statement in Exhibit 4. Also, for additional analysis of other factors, consolidated balance sheet(s) are presented in Exhibit 5.

	2001 Dollars	2000 Dollars	1999 Dollars	1998 Dollars
Net income per common share-diluted	$ 0.26	$ 0.56	$ 0.3	$ 0.25

Referring to Exhibit 1, compute the annual percentage change in net income per common share-diluted (second numerical line from the bottom) for 19981999, 19992000, and 20002001.

MY ANSWER

1998-1999

=0.25-.03/0.3=0.05/0.3=0.1666 0r 16.6

1999-2000

=0.3-0.56/0.56=0.26/0.56=0.464 or 46.4

2000-2001

=0.56-0.26/0.26=0.3/0.26=1.153 or 115.3

I don't understand where I'm going wrong, please see my attached answers