fix =SUM(B18:K18)/10 A В С D Е F G Н K L 10 11 12 13 14 15 1.1 2019 2016 16 Year 2018 2017 2015 2014 2013 2012 2011 2010 2009 Operating P/L[=EBIT] 35,011,000 24,157,000 20,363,000| 27,780,000 20,489,000 42,933,000 31,315,000 26,236,000 26,556,000 21,763,000 27,161,000 17 18 0.1935889617 0.04609127881 0.1863183224 GR 0.2262717432 0.1180265049 0.2804919713 -0.2624550036 0.2202361807 -0.1987408416 0.1243531896 19 AAGR 0.09341823073, 2221
fix =SUM(B18:K18)/10 A В С D Е F G Н K L 10 11 12 13 14 15 1.1 2019 2016 16 Year 2018 2017 2015 2014 2013 2012 2011 2010 2009 Operating P/L[=EBIT] 35,011,000 24,157,000 20,363,000| 27,780,000 20,489,000 42,933,000 31,315,000 26,236,000 26,556,000 21,763,000 27,161,000 17 18 0.1935889617 0.04609127881 0.1863183224 GR 0.2262717432 0.1180265049 0.2804919713 -0.2624550036 0.2202361807 -0.1987408416 0.1243531896 19 AAGR 0.09341823073, 2221
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
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Question
Question: Calculate the average annual growth rate of Microsoft from the fiscal year ending 2009 until the fiscal year ending.
EBIT 2009 - 2019:
| 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 |
| 42,933,000 | 35,011,000 | 31,315,000 | 26,236,000 | 20,489,000 | 27,780,000 | 26,556,000 | 21,763,000 | 27,161,000 | 24,157,000 | 20,363,000 |
Is 9.34% correct?
![fix
=SUM(B18:K18)/10
A
В
С
D
Е
F
G
Н
K
L
10
11
12
13
14
15
1.1
2019
2016
16
Year
2018
2017
2015
2014
2013
2012
2011
2010
2009
Operating P/L[=EBIT]
35,011,000
24,157,000 20,363,000|
27,780,000
20,489,000
42,933,000
31,315,000
26,236,000
26,556,000
21,763,000
27,161,000
17
18
0.1935889617
0.04609127881
0.1863183224
GR
0.2262717432 0.1180265049
0.2804919713
-0.2624550036
0.2202361807
-0.1987408416
0.1243531896
19
AAGR
0.09341823073,
2221](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F1a6030b8-3097-4a7c-8134-59b724bb06c0%2F2b3ef60d-99a5-40bd-bc2a-18078faf1ce5%2F3s9rcztd.png&w=3840&q=75)
Transcribed Image Text:fix
=SUM(B18:K18)/10
A
В
С
D
Е
F
G
Н
K
L
10
11
12
13
14
15
1.1
2019
2016
16
Year
2018
2017
2015
2014
2013
2012
2011
2010
2009
Operating P/L[=EBIT]
35,011,000
24,157,000 20,363,000|
27,780,000
20,489,000
42,933,000
31,315,000
26,236,000
26,556,000
21,763,000
27,161,000
17
18
0.1935889617
0.04609127881
0.1863183224
GR
0.2262717432 0.1180265049
0.2804919713
-0.2624550036
0.2202361807
-0.1987408416
0.1243531896
19
AAGR
0.09341823073,
2221
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