Question: Microsoft earned $ 0 . 3 3 per share in 1 9 9 7 . About 1 4 years later, in 2 0 1 1

Microsoft earned $0.33 per share in 1997. About 14 years later, in 2011, the company earned $2.75. What was the growth rate in Microsofts earnings per share (EPS) over the 14-year period?
16.25%
16.35%
16.45%
16.55%

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Finance Questions!