Analyze the data in Exhibit 14 with Excel. Why is this relevant? What does it mean? Using formulas, functions, and graphs/charts, show how this data in relevant to the topic of this case. Include a conclusion about your findings and how you used Excel to convey that information.

Exhibit 14 Hertz Global Holdings, Inc. and Avis Budget Group, Inc. Revenue Earning Equipment Data (\$ Millions) 20062007200820092010201120122013 Hertz Global Holdings, Inc. Revenue Earning Equipment, Gross Depreciation Expense for Revenue Earning Equipment Gain/Loss on Sale of Revenue Earning Equipment Income before Taxes 10,8761,7623624111,6811,9062138910,3442,020831,38310,7881,7807215011,1911,747433212,5091,91211230615,7892,1469744117,9692,40837663 Avis Budget Group, Inc. Revenue Earning Equipment, Gross Depreciation Expense for Revenue Earning Equipment Gain/Loss on Sale of Revenue Earning Equipment Income before Taxes 8,0421,36206778,4961,565409928,3831,63971,3436,9121,39130777,5571,27724729,6141,3952343610,6191,4389730010,9931,678697 Exhibit 14 Hertz Global Holdings, Inc. and Avis Budget Group, Inc. Revenue Earning Equipment Data (\$ Millions) 20062007200820092010201120122013 Hertz Global Holdings, Inc. Revenue Earning Equipment, Gross Depreciation Expense for Revenue Earning Equipment Gain/Loss on Sale of Revenue Earning Equipment Income before Taxes 10,8761,7623624111,6811,9062138910,3442,020831,38310,7881,7807215011,1911,747433212,5091,91211230615,7892,1469744117,9692,40837663 Avis Budget Group, Inc. Revenue Earning Equipment, Gross Depreciation Expense for Revenue Earning Equipment Gain/Loss on Sale of Revenue Earning Equipment Income before Taxes 8,0421,36206778,4961,565409928,3831,63971,3436,9121,39130777,5571,27724729,6141,3952343610,6191,4389730010,9931,678697