Question 20 (1 point) Saved SPREADSHEET ANALYSIS & FORECASTING. FOR THIS AND THE NEXT 10 QUESTIONS. The following historical financial data (in millions of $) is for General Electric (source: www.morningstar.com). Note that forecasts should be made from the most current year of operations which, in this case, is 2014. Please be mindful of the fact that there may be slight rounding errors as you copy data into spreadsheet for analysis. Calculate the AVERAGE ANNUAL GROWTH RATE of the company's revenues from 2010 to 2014. Income Statement Revenue Cost of revenue Gross profit Total op expenses EBIT Interest expense Income before taxes Provision for income taxes Net Income EPS Estimated tax rate ACTUAL 2010 2011 2012 $150,211 $147,300 $147,359 71.713 68,278 74,310 $78,498 $79,022 $73,049 48,307 44,379 43,135 $30,191 $34,643 $29,914 15,983 14,545 12,508 $14,208 $20,098 $17,406 1,050 5,732 2,504 $13,158 $14,366 $14,902 $1.06 $1.23 $1.29 7% 29% 14% 2013 2014 $146,045 $148,589 77,141 81,311 $68,904 $67,278 42,637 40,567 $26,267 $26,711 10,116 9,482 $16,151 $17,229 676 1,772 $15,475 $15,457 $1.27 $1.50 10% 4% 1) -2% 2) 0%