FINAL ASSIGNMENT Microsoft's 2004 earnings per share were $1.04, and its growth rate during the prior ten years was 24.1% per year. If that growth were maintained, how long would it take for Microsoft's EPS to double? a. 9 years b. 3.21 years c. 4.68 years d. exactly 5.98 years
FINAL ASSIGNMENT Microsoft's 2004 earnings per share were $1.04, and its growth rate during the prior ten years was 24.1% per year. If that growth were maintained, how long would it take for Microsoft's EPS to double? a. 9 years b. 3.21 years c. 4.68 years d. exactly 5.98 years
Survey of Accounting (Accounting I)
8th Edition
ISBN:9781305961883
Author:Carl Warren
Publisher:Carl Warren
Chapter15: Capital Investment Analysis
Section: Chapter Questions
Problem 15.1.1MBA
Question
hello Tutor answer give me
![FINAL ASSIGNMENT
Microsoft's 2004 earnings per share were $1.04, and its growth
rate during the prior ten years was 24.1% per year. If that
growth were maintained, how long would it take for Microsoft's
EPS to double?
a. 9 years
b. 3.21 years
c. 4.68 years
d. exactly 5.98 years](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F9b72a644-2f1f-4784-8607-fc512445ca99%2F2692f4bc-4e46-4a39-a58a-4715c19f0bf1%2Fvsnzzi_processed.jpeg&w=3840&q=75)
Transcribed Image Text:FINAL ASSIGNMENT
Microsoft's 2004 earnings per share were $1.04, and its growth
rate during the prior ten years was 24.1% per year. If that
growth were maintained, how long would it take for Microsoft's
EPS to double?
a. 9 years
b. 3.21 years
c. 4.68 years
d. exactly 5.98 years
Expert Solution
![](/static/compass_v2/shared-icons/check-mark.png)
This question has been solved!
Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.
Step by step
Solved in 2 steps
![Blurred answer](/static/compass_v2/solution-images/blurred-answer.jpg)
Recommended textbooks for you
![Survey of Accounting (Accounting I)](https://www.bartleby.com/isbn_cover_images/9781305961883/9781305961883_smallCoverImage.gif)
Survey of Accounting (Accounting I)
Accounting
ISBN:
9781305961883
Author:
Carl Warren
Publisher:
Cengage Learning
![Survey of Accounting (Accounting I)](https://www.bartleby.com/isbn_cover_images/9781305961883/9781305961883_smallCoverImage.gif)
Survey of Accounting (Accounting I)
Accounting
ISBN:
9781305961883
Author:
Carl Warren
Publisher:
Cengage Learning