╨д╨╛╤А╨╝╤Г╨╗╨░ ╤Б╤В╨╛╨╕╨╝╨╛╤Б╤В╨╕ ╨║╨░╨┐╨╕╤В╨░╨╗╨░

╨Ъ╨░╨║╨╛╨▓╨░ ╤Д╨╛╤А╨╝╤Г╨╗╨░ ╤Б╤В╨╛╨╕╨╝╨╛╤Б╤В╨╕ ╨║╨░╨┐╨╕╤В╨░╨╗╨░?

╨д╨╛╤А╨╝╤Г╨╗╨░ ╤Б╤В╨╛╨╕╨╝╨╛╤Б╤В╨╕ ╨║╨░╨┐╨╕╤В╨░╨╗╨░ ╤А╨░╤Б╤Б╤З╨╕╤В╤Л╨▓╨░╨╡╤В ╤Б╤А╨╡╨┤╨╜╨╡╨▓╨╖╨▓╨╡╤И╨╡╨╜╨╜╤Г╤О ╤Б╤В╨╛╨╕╨╝╨╛╤Б╤В╤М ╨┐╤А╨╕╨▓╨╗╨╡╤З╨╡╨╜╨╕╤П ╤Б╤А╨╡╨┤╤Б╤В╨▓ ╨╛╤В ╨┤╨╡╤А╨╢╨░╤В╨╡╨╗╨╡╨╣ ╨┤╨╛╨╗╨│╨░ ╨╕ ╨░╨║╤Ж╨╕╨╛╨╜╨╡╤А╨╛╨▓ ╨╕ ╨┐╤А╨╡╨┤╤Б╤В╨░╨▓╨╗╤П╨╡╤В ╤Б╨╛╨▒╨╛╨╣ ╤Б╤Г╨╝╨╝╤Г ╤В╤А╨╡╤Е ╨╛╤В╨┤╨╡╨╗╤М╨╜╤Л╤Е ╤А╨░╤Б╤З╨╡╤В╨╛╨▓: ╨▓╨╡╤Б ╨┤╨╛╨╗╨│╨░, ╤Г╨╝╨╜╨╛╨╢╨╡╨╜╨╜╤Л╨╣ ╨╜╨░ ╤Б╤В╨╛╨╕╨╝╨╛╤Б╤В╤М ╨┤╨╛╨╗╨│╨░, ╨▓╨╡╤Б ╨┐╤А╨╕╨▓╨╕╨╗╨╡╨│╨╕╤А╨╛╨▓╨░╨╜╨╜╤Л╤Е ╨░╨║╤Ж╨╕╨╣, ╤Г╨╝╨╜╨╛╨╢╨╡╨╜╨╜╤Л╨╣ ╨╜╨░ ╤Б╤В╨╛╨╕╨╝╨╛╤Б╤В╤М ╨┐╤А╨╕╨▓╨╕╨╗╨╡╨│╨╕╤А╨╛╨▓╨░╨╜╨╜╤Л╤Е ╨░╨║╤Ж╨╕╨╣, ╨╕ ╨▓╨╡╤Б ╤Б╨╛╨▒╤Б╤В╨▓╨╡╨╜╨╜╨╛╨│╨╛ ╨║╨░╨┐╨╕╤В╨░╨╗╨░, ╤Г╨╝╨╜╨╛╨╢╨╡╨╜╨╜╤Л╨╣ ╨╜╨░ ╤Б╤В╨╛╨╕╨╝╨╛╤Б╤В╤М ╤Б╨╛╨▒╤Б╤В╨▓╨╡╨╜╨╜╨╛╨│╨╛ ╨║╨░╨┐╨╕╤В╨░╨╗╨░. ╨Ю╨╜ ╨┐╤А╨╡╨┤╤Б╤В╨░╨▓╨╗╨╡╨╜ ╨║╨░╨║,

╨б╤В╨╛╨╕╨╝╨╛╤Б╤В╤М ╨║╨░╨┐╨╕╤В╨░╨╗╨░ = ╨Т╨╡╤Б ╨┤╨╛╨╗╨│╨░ * ╨б╤В╨╛╨╕╨╝╨╛╤Б╤В╤М ╨┤╨╛╨╗╨│╨░ + ╨Т╨╡╤Б ╨┐╤А╨╕╨▓╨╕╨╗╨╡╨│╨╕╤А╨╛╨▓╨░╨╜╨╜╤Л╤Е ╨░╨║╤Ж╨╕╨╣ * ╨б╤В╨╛╨╕╨╝╨╛╤Б╤В╤М ╨┐╤А╨╕╨▓╨╕╨╗╨╡╨│╨╕╤А╨╛╨▓╨░╨╜╨╜╨╛╨╣ ╨░╨║╤Ж╨╕╨╕ + ╨Т╨╡╤Б ╤Б╨╛╨▒╤Б╤В╨▓╨╡╨╜╨╜╨╛╨│╨╛ ╨║╨░╨┐╨╕╤В╨░╨╗╨░ * ╨б╤В╨╛╨╕╨╝╨╛╤Б╤В╤М ╤Б╨╛╨▒╤Б╤В╨▓╨╡╨╜╨╜╨╛╨│╨╛ ╨║╨░╨┐╨╕╤В╨░╨╗╨░

╨Ю╨│╨╗╨░╨▓╨╗╨╡╨╜╨╕╨╡

• ╨Ъ╨░╨║╨╛╨▓╨░ ╤Д╨╛╤А╨╝╤Г╨╗╨░ ╤Б╤В╨╛╨╕╨╝╨╛╤Б╤В╨╕ ╨║╨░╨┐╨╕╤В╨░╨╗╨░?
  • ╨а╨░╤Б╤З╨╡╤В ╤Б╤В╨╛╨╕╨╝╨╛╤Б╤В╨╕ ╨║╨░╨┐╨╕╤В╨░╨╗╨░ (╤И╨░╨│ ╨╖╨░ ╤И╨░╨│╨╛╨╝)
  • ╨Я╤А╨╕╨╝╨╡╤А ╤Д╨╛╤А╨╝╤Г╨╗╤Л ╤Б╤В╨╛╨╕╨╝╨╛╤Б╤В╨╕ ╨║╨░╨┐╨╕╤В╨░╨╗╨░ (╤Б ╤И╨░╨▒╨╗╨╛╨╜╨╛╨╝ Excel)
  • ╨Ъ╨░╨╗╤М╨║╤Г╨╗╤П╤В╨╛╤А ╤Б╤В╨╛╨╕╨╝╨╛╤Б╤В╨╕ ╨║╨░╨┐╨╕╤В╨░╨╗╨░
  • ╨Р╨║╤В╤Г╨░╨╗╤М╨╜╨╛╤Б╤В╤М ╨╕ ╨╕╤Б╨┐╨╛╨╗╤М╨╖╨╛╨▓╨░╨╜╨╕╨╡
  • ╨а╨╡╨║╨╛╨╝╨╡╨╜╨┤╤Г╨╡╨╝╤Л╨╡ ╤Б╤В╨░╤В╤М╨╕

╨а╨░╤Б╤З╨╡╤В ╤Б╤В╨╛╨╕╨╝╨╛╤Б╤В╨╕ ╨║╨░╨┐╨╕╤В╨░╨╗╨░ (╤И╨░╨│ ╨╖╨░ ╤И╨░╨│╨╛╨╝)

1. ╨Э╨░╨╣╨┤╨╕╤В╨╡ ╨▓╨╡╤Б ╨┤╨╛╨╗╨│╨░

   ╨Э╨╡╨┐╨╛╨│╨░╤И╨╡╨╜╨╜╨░╤П ╨╖╨░╨┤╨╛╨╗╨╢╨╡╨╜╨╜╨╛╤Б╤В╤М ╨╕ ╨┐╤А╨╕╨▓╨╕╨╗╨╡╨│╨╕╤А╨╛╨▓╨░╨╜╨╜╨░╤П ╨░╨║╤Ж╨╕╤П ╨┤╨╛╤Б╤В╤Г╨┐╨╜╤Л ╨▓ ╨▒╨░╨╗╨░╨╜╤Б╨╡. ╨Т╨╡╤Б ╨┤╨╛╨╗╨│╨╛╨▓╨╛╨│╨╛ ╨║╨╛╨╝╨┐╨╛╨╜╨╡╨╜╤В╨░ ╤А╨░╤Б╤Б╤З╨╕╤В╤Л╨▓╨░╨╡╤В╤Б╤П ╨┐╤Г╤В╨╡╨╝ ╨┤╨╡╨╗╨╡╨╜╨╕╤П ╨╜╨╡╨┐╨╛╨│╨░╤И╨╡╨╜╨╜╨╛╨╣ ╨╖╨░╨┤╨╛╨╗╨╢╨╡╨╜╨╜╨╛╤Б╤В╨╕ ╨╜╨░ ╨╛╨▒╤Й╨╕╨╣ ╨║╨░╨┐╨╕╤В╨░╨╗, ╨▓╨╗╨╛╨╢╨╡╨╜╨╜╤Л╨╣ ╨▓ ╨▒╨╕╨╖╨╜╨╡╤Б, ╤В. ╨╡. ╤Б╤Г╨╝╨╝╤Г ╨╜╨╡╨┐╨╛╨│╨░╤И╨╡╨╜╨╜╨╛╨╣ ╨╖╨░╨┤╨╛╨╗╨╢╨╡╨╜╨╜╨╛╤Б╤В╨╕, ╨┐╤А╨╕╨▓╨╕╨╗╨╡╨│╨╕╤А╨╛╨▓╨░╨╜╨╜╤Л╤Е ╨░╨║╤Ж╨╕╨╣ ╨╕ ╨╛╨▒╤Л╨║╨╜╨╛╨▓╨╡╨╜╨╜╤Л╤Е ╨░╨║╤Ж╨╕╨╣. ╨Т ╤В╨╛ ╨╢╨╡ ╨▓╤А╨╡╨╝╤П ╤Б╤В╨╛╨╕╨╝╨╛╤Б╤В╤М ╨╛╨▒╤Л╨║╨╜╨╛╨▓╨╡╨╜╨╜╤Л╤Е ╨░╨║╤Ж╨╕╨╣ ╤А╨░╤Б╤Б╤З╨╕╤В╤Л╨▓╨░╨╡╤В╤Б╤П ╨╜╨░ ╨╛╤Б╨╜╨╛╨▓╨╡ ╤А╤Л╨╜╨╛╤З╨╜╨╛╨╣ ╤Ж╨╡╨╜╤Л ╨░╨║╤Ж╨╕╨╣ ╨╕ ╨╜╨░╤Е╨╛╨┤╤П╤Й╨╕╤Е╤Б╤П ╨▓ ╨╛╨▒╤А╨░╤Й╨╡╨╜╨╕╨╕ ╨░╨║╤Ж╨╕╨╣.

   ╨Т╨╡╤Б ╨┤╨╛╨╗╨│╨░ = ╨б╤Г╨╝╨╝╨░ ╨╜╨╡╨┐╨╛╨│╨░╤И╨╡╨╜╨╜╨╛╨│╨╛ ╨┤╨╛╨╗╨│╨░ ╨Ю╨▒╤Й╨╕╨╣ ╨║╨░╨┐╨╕╤В╨░╨╗

   ╨Ю╨▒╤Й╨╕╨╣ ╨║╨░╨┐╨╕╤В╨░╨╗ = ╤Б╤Г╨╝╨╝╨░ ╨╜╨╡╨┐╨╛╨│╨░╤И╨╡╨╜╨╜╨╛╨│╨╛ ╨┤╨╛╨╗╨│╨░ + ╤Б╤Г╨╝╨╝╨░ ╨┐╤А╨╕╨▓╨╕╨╗╨╡╨│╨╕╤А╨╛╨▓╨░╨╜╨╜╤Л╤Е ╨░╨║╤Ж╨╕╨╣ + ╤А╤Л╨╜╨╛╤З╨╜╨░╤П ╤Б╤В╨╛╨╕╨╝╨╛╤Б╤В╤М ╨╛╨▒╤Л╨║╨╜╨╛╨▓╨╡╨╜╨╜╤Л╤Е ╨░╨║╤Ж╨╕╨╣

2. ╨Э╨░╨╣╨┤╨╕╤В╨╡ ╤Б╤В╨╛╨╕╨╝╨╛╤Б╤В╤М ╨┤╨╛╨╗╨│╨░

   ╨б╤В╨╛╨╕╨╝╨╛╤Б╤В╤М ╨┤╨╛╨╗╨│╨░ ╤А╨░╤Б╤Б╤З╨╕╤В╤Л╨▓╨░╨╡╤В╤Б╤П ╨┐╤Г╤В╨╡╨╝ ╤Г╨╝╨╜╨╛╨╢╨╡╨╜╨╕╤П ╨┐╤А╨╛╤Ж╨╡╨╜╤В╨╜╤Л╤Е ╤А╨░╤Б╤Е╨╛╨┤╨╛╨▓, ╨╜╨░╤З╨╕╤Б╨╗╨╡╨╜╨╜╤Л╤Е ╨╜╨░ ╨┤╨╛╨╗╨│, ╨╜╨░ ╨▓╨╡╨╗╨╕╤З╨╕╨╜╤Г, ╨╛╨▒╤А╨░╤В╨╜╤Г╤О ╨┐╤А╨╛╤Ж╨╡╨╜╤В╨╜╨╛╨╣ ╤Б╤В╨░╨▓╨║╨╡ ╨╜╨░╨╗╨╛╨│╨░, ╨╕ ╨┤╨╡╨╗╨╡╨╜╨╕╤П ╤А╨╡╨╖╤Г╨╗╤М╤В╨░╤В╨░ ╨╜╨░ ╤Б╤Г╨╝╨╝╤Г ╨╜╨╡╨┐╨╛╨│╨░╤И╨╡╨╜╨╜╨╛╨│╨╛ ╨┤╨╛╨╗╨│╨░, ╨▓╤Л╤А╨░╨╢╨╡╨╜╨╜╨╛╨│╨╛ ╨▓ ╨┐╤А╨╛╤Ж╨╡╨╜╤В╨░╤Е. ╨д╨╛╤А╨╝╤Г╨╗╨░ ╤Б╤В╨╛╨╕╨╝╨╛╤Б╤В╨╕ ╨┤╨╛╨╗╨│╨░ ╨▓╤Л╨│╨╗╤П╨┤╨╕╤В ╤Б╨╗╨╡╨┤╤Г╤О╤Й╨╕╨╝ ╨╛╨▒╤А╨░╨╖╨╛╨╝:

   ╨б╤В╨╛╨╕╨╝╨╛╤Б╤В╤М ╨┤╨╛╨╗╨│╨░ = ╨Я╤А╨╛╤Ж╨╡╨╜╤В╨╜╤Л╨╡ ╤А╨░╤Б╤Е╨╛╨┤╤Л * (╨Э╨░╨╗╨╛╨│╨╛╨▓╨░╤П ╤Б╤В╨░╨▓╨║╨░) ╨б╤Г╨╝╨╝╨░ ╨╜╨╡╨┐╨╛╨│╨░╤И╨╡╨╜╨╜╨╛╨│╨╛ ╨┤╨╛╨╗╨│╨░

3. ╨Э╨░╨╣╨┤╨╕╤В╨╡ ╨▓╨╡╤Б ╨┐╤А╨╕╨▓╨╕╨╗╨╡╨│╨╕╤А╨╛╨▓╨░╨╜╨╜╨╛╨╣ ╨░╨║╤Ж╨╕╨╕

   ╨Т╨╡╤Б ╨║╨╛╨╝╨┐╨╛╨╜╨╡╨╜╤В╨░ ╨┐╤А╨╕╨▓╨╕╨╗╨╡╨│╨╕╤А╨╛╨▓╨░╨╜╨╜╤Л╤Е ╨░╨║╤Ж╨╕╨╣ ╤А╨░╤Б╤Б╤З╨╕╤В╤Л╨▓╨░╨╡╤В╤Б╤П ╨┐╤Г╤В╨╡╨╝ ╨┤╨╡╨╗╨╡╨╜╨╕╤П ╤Б╤Г╨╝╨╝╤Л ╨┐╤А╨╕╨▓╨╕╨╗╨╡╨│╨╕╤А╨╛╨▓╨░╨╜╨╜╤Л╤Е ╨░╨║╤Ж╨╕╨╣ ╨╜╨░ ╨╛╨▒╤Й╨╕╨╣ ╨║╨░╨┐╨╕╤В╨░╨╗, ╨▓╨╗╨╛╨╢╨╡╨╜╨╜╤Л╨╣ ╨▓ ╨▒╨╕╨╖╨╜╨╡╤Б.

   ╨Т╨╡╤Б ╨┐╤А╨╕╨▓╨╕╨╗╨╡╨│╨╕╤А╨╛╨▓╨░╨╜╨╜╤Л╤Е ╨░╨║╤Ж╨╕╨╣ = ╨б╤Г╨╝╨╝╨░ ╨┐╤А╨╕╨▓╨╕╨╗╨╡╨│╨╕╤А╨╛╨▓╨░╨╜╨╜╤Л╤Е ╨░╨║╤Ж╨╕╨╣ ╨Ю╨▒╤Й╨╕╨╣ ╨║╨░╨┐╨╕╤В╨░╨╗

4. ╨Э╨░╨╣╨┤╨╕╤В╨╡ ╤Б╤В╨╛╨╕╨╝╨╛╤Б╤В╤М ╨┐╤А╨╕╨▓╨╕╨╗╨╡╨│╨╕╤А╨╛╨▓╨░╨╜╨╜╤Л╤Е ╨░╨║╤Ж╨╕╨╣

   ╨б╤В╨╛╨╕╨╝╨╛╤Б╤В╤М ╨┐╤А╨╕╨▓╨╕╨╗╨╡╨│╨╕╤А╨╛╨▓╨░╨╜╨╜╤Л╤Е ╨░╨║╤Ж╨╕╨╣ ╨┐╤А╨╛╤Б╤В╨░ ╨╕ ╤А╨░╤Б╤Б╤З╨╕╤В╤Л╨▓╨░╨╡╤В╤Б╤П ╨┐╤Г╤В╨╡╨╝ ╨┤╨╡╨╗╨╡╨╜╨╕╤П ╨┤╨╕╨▓╨╕╨┤╨╡╨╜╨┤╨╛╨▓ ╨┐╨╛ ╨┐╤А╨╕╨▓╨╕╨╗╨╡╨│╨╕╤А╨╛╨▓╨░╨╜╨╜╤Л╨╝ ╨░╨║╤Ж╨╕╤П╨╝ ╨╜╨░ ╨║╨╛╨╗╨╕╤З╨╡╤Б╤В╨▓╨╛ ╨┐╤А╨╕╨▓╨╕╨╗╨╡╨│╨╕╤А╨╛╨▓╨░╨╜╨╜╤Л╤Е ╨░╨║╤Ж╨╕╨╣ ╨╕ ╨▓╤Л╤А╨░╨╢╨░╨╡╤В╤Б╤П ╨▓ ╨┐╤А╨╛╤Ж╨╡╨╜╤В╨░╤Е. ╨д╨╛╤А╨╝╤Г╨╗╨░ ╤Б╤В╨╛╨╕╨╝╨╛╤Б╤В╨╕ ╨┐╤А╨╕╨▓╨╕╨╗╨╡╨│╨╕╤А╨╛╨▓╨░╨╜╨╜╨╛╨╣ ╨░╨║╤Ж╨╕╨╕ ╨▓╤Л╨│╨╗╤П╨┤╨╕╤В ╤Б╨╗╨╡╨┤╤Г╤О╤Й╨╕╨╝ ╨╛╨▒╤А╨░╨╖╨╛╨╝:

   ╨б╤В╨╛╨╕╨╝╨╛╤Б╤В╤М ╨┐╤А╨╕╨▓╨╕╨╗╨╡╨│╨╕╤А╨╛╨▓╨░╨╜╨╜╤Л╤Е ╨░╨║╤Ж╨╕╨╣ = ╨Ф╨╕╨▓╨╕╨┤╨╡╨╜╨┤╤Л ╨┐╨╛ ╨┐╤А╨╕╨▓╨╕╨╗╨╡╨│╨╕╤А╨╛╨▓╨░╨╜╨╜╤Л╨╝ ╨░╨║╤Ж╨╕╤П╨╝ ╨б╤Г╨╝╨╝╨░ ╨┐╤А╨╕╨▓╨╕╨╗╨╡╨│╨╕╤А╨╛╨▓╨░╨╜╨╜╤Л╤Е ╨░╨║╤Ж╨╕╨╣

5. ╨Ю╨┐╤А╨╡╨┤╨╡╨╗╨╕╤В╨╡ ╨▓╨╡╤Б ╤Б╨╛╨▒╤Б╤В╨▓╨╡╨╜╨╜╨╛╨│╨╛ ╨║╨░╨┐╨╕╤В╨░╨╗╨░

   ╨Т╨╡╤Б ╨║╨╛╨╝╨┐╨╛╨╜╨╡╨╜╤В╨░ ╨╛╨▒╤Й╨╡╨│╨╛ ╨║╨░╨┐╨╕╤В╨░╨╗╨░ ╤А╨░╤Б╤Б╤З╨╕╤В╤Л╨▓╨░╨╡╤В╤Б╤П ╨┐╤Г╤В╨╡╨╝ ╨┤╨╡╨╗╨╡╨╜╨╕╤П ╨┐╤А╨╛╨╕╨╖╨▓╨╡╨┤╨╡╨╜╨╕╤П ╤А╤Л╨╜╨╛╤З╨╜╨╛╨╣ ╤Б╤В╨╛╨╕╨╝╨╛╤Б╤В╨╕ ╨░╨║╤Ж╨╕╨╣ ╨╕ ╨▒╨╛╨╗╤М╤И╨╛╨│╨╛ ╨║╨╛╨╗╨╕╤З╨╡╤Б╤В╨▓╨░ ╨░╨║╤Ж╨╕╨╣ (╤А╤Л╨╜╨╛╤З╨╜╨╛╨╣ ╨║╨░╨┐╨╕╤В╨░╨╗╨╕╨╖╨░╤Ж╨╕╨╕) ╨╜╨░ ╨╛╨▒╤Й╨╕╨╣ ╨║╨░╨┐╨╕╤В╨░╨╗, ╨▓╨╗╨╛╨╢╨╡╨╜╨╜╤Л╨╣ ╨▓ ╨▒╨╕╨╖╨╜╨╡╤Б.

   ╨Т╨╡╤Б ╤Б╨╛╨▒╤Б╤В╨▓╨╡╨╜╨╜╨╛╨│╨╛ ╨║╨░╨┐╨╕╤В╨░╨╗╨░ = ╨а╤Л╨╜╨╛╤З╨╜╨░╤П ╤Б╤В╨╛╨╕╨╝╨╛╤Б╤В╤М ╨╛╨▒╤Л╨║╨╜╨╛╨▓╨╡╨╜╨╜╨╛╨│╨╛ ╨║╨░╨┐╨╕╤В╨░╨╗╨░ ╨Ю╨▒╤Й╨╕╨╣ ╨║╨░╨┐╨╕╤В╨░╨╗

6. ╨Э╨░╨╣╨┤╨╕╤В╨╡ ╤Б╤В╨╛╨╕╨╝╨╛╤Б╤В╤М ╤Б╨╛╨▒╤Б╤В╨▓╨╡╨╜╨╜╨╛╨│╨╛ ╨║╨░╨┐╨╕╤В╨░╨╗╨░

   ╨б╤В╨╛╨╕╨╝╨╛╤Б╤В╤М ╤Б╨╛╨▒╤Б╤В╨▓╨╡╨╜╨╜╨╛╨│╨╛ ╨║╨░╨┐╨╕╤В╨░╨╗╨░ ╤Б╨╛╤Б╤В╨╛╨╕╤В ╨╕╨╖ ╤В╤А╨╡╤Е ╨┐╨╡╤А╨╡╨╝╨╡╨╜╨╜╤Л╤Е: ╨▒╨╡╨╖╤А╨╕╤Б╨║╨╛╨▓╨╛╨╣ ╨┤╨╛╤Е╨╛╨┤╨╜╨╛╤Б╤В╨╕, ╤Б╤А╨╡╨┤╨╜╨╡╨╣ ╨┤╨╛╤Е╨╛╨┤╨╜╨╛╤Б╤В╨╕ ╨│╤А╤Г╨┐╨┐╤Л ╨░╨║╤Ж╨╕╨╣, ╨┐╤А╨╡╨┤╤Б╤В╨░╨▓╨╗╤П╤О╤Й╨╡╨╣ ╤А╤Л╨╜╨╛╨║, ╨╕ ╨▒╨╡╤В╨░, ╨║╨╛╤В╨╛╤А╨░╤П ╨┐╤А╨╡╨┤╤Б╤В╨░╨▓╨╗╤П╨╡╤В ╤Б╨╛╨▒╨╛╨╣ ╨┤╨╕╤Д╤Д╨╡╤А╨╡╨╜╤Ж╨╕╨░╨╗╤М╨╜╤Г╤О ╨┤╨╛╤Е╨╛╨┤╨╜╨╛╤Б╤В╤М, ╨╛╤Б╨╜╨╛╨▓╨░╨╜╨╜╤Г╤О ╨╜╨░ ╤А╨╕╤Б╨║╨╡ ╨║╨╛╨╜╨║╤А╨╡╤В╨╜╨╛╨╣ ╨░╨║╤Ж╨╕╨╕ ╨▓ ╨┐╨╛ ╤Б╤А╨░╨▓╨╜╨╡╨╜╨╕╤О ╤Б ╨▒╨╛╨╗╤М╤И╨╡╨╣ ╨│╤А╤Г╨┐╨┐╨╛╨╣ ╨░╨║╤Ж╨╕╨╣. ╨б╤В╨╛╨╕╨╝╨╛╤Б╤В╤М ╤Б╨╛╨▒╤Б╤В╨▓╨╡╨╜╨╜╨╛╨│╨╛ ╨║╨░╨┐╨╕╤В╨░╨╗╨░ ╨▓╤Л╤А╨░╨╢╨░╨╡╤В╤Б╤П ╨▓ ╨┐╤А╨╛╤Ж╨╡╨╜╤В╨░╤Е, ╨╕ ╤Д╨╛╤А╨╝╤Г╨╗╨░ ╨▓╤Л╨│╨╗╤П╨┤╨╕╤В ╤Б╨╗╨╡╨┤╤Г╤О╤Й╨╕╨╝ ╨╛╨▒╤А╨░╨╖╨╛╨╝:

   ╨б╤В╨╛╨╕╨╝╨╛╤Б╤В╤М ╤Б╨╛╨▒╤Б╤В╨▓╨╡╨╜╨╜╨╛╨│╨╛ ╨║╨░╨┐╨╕╤В╨░╨╗╨░ = ╨С╨╡╨╖╤А╨╕╤Б╨║╨╛╨▓╨░╤П ╨┤╨╛╤Е╨╛╨┤╨╜╨╛╤Б╤В╤М + ╨С╨╡╤В╨░ * (╨б╤А╨╡╨┤╨╜╤П╤П ╨▒╨╡╨╖╤А╨╕╤Б╨║╨╛╨▓╨░╤П ╨┤╨╛╤Е╨╛╨┤╨╜╨╛╤Б╤В╤М ╨░╨║╤Ж╨╕╨╣)

╨Я╤А╨╕╨╝╨╡╤А ╤Д╨╛╤А╨╝╤Г╨╗╤Л ╤Б╤В╨╛╨╕╨╝╨╛╤Б╤В╨╕ ╨║╨░╨┐╨╕╤В╨░╨╗╨░ (╤Б ╤И╨░╨▒╨╗╨╛╨╜╨╛╨╝ Excel)

╨Ф╨░╨▓╨░╨╣╤В╨╡ ╨▓╨╛╨╖╤М╨╝╨╡╨╝ ╨┐╤А╨╕╨╝╨╡╤А ╨║╨╛╨╝╨┐╨░╨╜╨╕╨╕ ABC Limited, ╤З╤В╨╛╨▒╤Л ╤Г╨▓╨╕╨┤╨╡╤В╤М, ╨╝╨╛╨╢╨╡╤В ╨╗╨╕ ╨╛╨╜╨░ ╨│╨╡╨╜╨╡╤А╨╕╤А╨╛╨▓╨░╤В╤М ╨┐╤А╨╕╨▒╤Л╨╗╤М. 25px 45px}.free_excel_div:before{content:»»;╤Д╨╛╨╜:url(╨┐╨╛ ╤Ж╨╡╨╜╤В╤А╤Г ╨▒╨╡╨╖ ╨┐╨╛╨▓╤В╨╛╤А╨░ #207245;╤И╨╕╤А╨╕╨╜╨░:70px;╨▓╤Л╤Б╨╛╤В╨░:70px;╨┐╨╛╨╖╨╕╤Ж╨╕╤П:╨░╨▒╤Б╨╛╨╗╤О╤В╨╜╨░╤П;╤Б╨▓╨╡╤А╤Е╤Г:50%;╨╛╤В╤Б╤В╤Г╨┐-╤Б╨▓╨╡╤А╤Е╤Г:-35px;╤Б╨╗╨╡╨▓╨░ :-35px;╨│╤А╨░╨╜╨╕╤Ж╨░:5px ╤Б╨┐╨╗╨╛╤И╨╜╨░╤П #fff;╤А╨░╨┤╨╕╤Г╤Б ╨│╤А╨░╨╜╨╕╤Ж╤Л:50%}

╨Т╤Л ╨╝╨╛╨╢╨╡╤В╨╡ ╤Б╨║╨░╤З╨░╤В╤М ╤Н╤В╨╛╤В ╤И╨░╨▒╨╗╨╛╨╜ Excel ╤Д╨╛╤А╨╝╤Г╨╗╤Л ╤Б╤В╨╛╨╕╨╝╨╛╤Б╤В╨╕ ╨║╨░╨┐╨╕╤В╨░╨╗╨░ ╨╖╨┤╨╡╤Б╤М — ╨и╨░╨▒╨╗╨╛╨╜ Excel ╨д╨╛╤А╨╝╤Г╨╗╨░ ╤Б╤В╨╛╨╕╨╝╨╛╤Б╤В╨╕ ╨║╨░╨┐╨╕╤В╨░╨╗╨░
╨Ъ╨╛╨╝╨┐╨░╨╜╨╕╤П ╤Б╨╛╨╛╨▒╤Й╨╕╨╗╨░ ╨╛ ╨┤╨╛╤Е╨╛╨┤╨░╤Е ╨╖╨░ ╨┐╨╛╤Б╨╗╨╡╨┤╨╜╨╕╨╣ ╤Д╨╕╨╜╨░╨╜╤Б╨╛╨▓╤Л╨╣ ╨│╨╛╨┤. ╨д╨╕╨╜╨░╨╜╤Б╨╛╨▓╤Л╨╣ ╨│╨╛╨┤ ╨д╨╕╨╜╨░╨╜╤Б╨╛╨▓╤Л╨╣ ╨│╨╛╨┤ (FY) ╨╜╨░╨╖╤Л╨▓╨░╨╡╤В╤Б╤П ╨┐╨╡╤А╨╕╨╛╨┤╨╛╨╝ ╨┐╤А╨╛╨┤╨╛╨╗╨╢╨╕╤В╨╡╨╗╤М╨╜╨╛╤Б╤В╤М╤О ╨┤╨▓╨╡╨╜╨░╨┤╤Ж╨░╤В╤М ╨╝╨╡╤Б╤П╤Ж╨╡╨▓ ╨╕ ╨╕╤Б╨┐╨╛╨╗╤М╨╖╤Г╨╡╤В╤Б╤П ╨┤╨╗╤П ╤Б╨╛╤Б╤В╨░╨▓╨╗╨╡╨╜╨╕╤П ╨▒╤О╨┤╨╢╨╡╤В╨░, ╨▓╨╡╨┤╨╡╨╜╨╕╤П ╨▒╤Г╤Е╨│╨░╨╗╤В╨╡╤А╤Б╨║╨╛╨│╨╛ ╤Г╤З╨╡╤В╨░ ╨╕ ╨▓╤Б╨╡╨╣ ╨┤╤А╤Г╨│╨╛╨╣ ╤Д╨╕╨╜╨░╨╜╤Б╨╛╨▓╨╛╨╣ ╨╛╤В╤З╨╡╤В╨╜╨╛╤Б╤В╨╕ ╨┤╨╗╤П ╨╛╤В╤А╨░╤Б╨╗╨╡╨╣. ╨Э╨╡╨║╨╛╤В╨╛╤А╤Л╨╡ ╨╕╨╖ ╨╜╨░╨╕╨▒╨╛╨╗╨╡╨╡ ╤З╨░╤Б╤В╨╛ ╨╕╤Б╨┐╨╛╨╗╤М╨╖╤Г╨╡╨╝╤Л╤Е ╤Д╨╕╨╜╨░╨╜╤Б╨╛╨▓╤Л╤Е ╨╗╨╡╤В ╨┐╤А╨╡╨┤╨┐╤А╨╕╤П╤В╨╕╤П╨╝╨╕ ╨┐╨╛ ╨▓╤Б╨╡╨╝╤Г ╨╝╨╕╤А╤Г: ╤Б 1 ╤П╨╜╨▓╨░╤А╤П ╨┐╨╛ 31 ╨┤╨╡╨║╨░╨▒╤А╤П, ╤Б 1 ╨░╨┐╤А╨╡╨╗╤П ╨┐╨╛ 31 ╨╝╨░╤А╤В╨░, ╤Б 1 ╨╕╤О╨╗╤П ╨┐╨╛ 30 ╨╕╤О╨╜╤П ╨╕ ╤Б 1 ╨╛╨║╤В╤П╨▒╤А╤П ╨┐╨╛ 30 ╤Б╨╡╨╜╤В╤П╨▒╤А╤П. ╨Я╨╛╨┤╤А╨╛╨▒╨╜╨╡╨╡ ╨Ф╨░╨▓╨░╨╣╤В╨╡ ╤А╨░╤Б╤Б╨╝╨╛╤В╤А╨╕╨╝ ╨┐╤А╨╕╨╝╨╡╤А ╨║╨╛╨╝╨┐╨░╨╜╨╕╨╕ ABC Limited. ╤З╤В╨╛╨▒╤Л ╤Г╨▓╨╕╨┤╨╡╤В╤М, ╨╝╨╛╨╢╨╡╤В ╨╗╨╕ ╨╛╨╜ ╨│╨╡╨╜╨╡╤А╨╕╤А╨╛╨▓╨░╤В╤М ╨┤╨╛╤Е╨╛╨┤.

╨б╨╜╨░╤З╨░╨╗╨░ ╨╝╤Л ╨┤╨╛╨╗╨╢╨╜╤Л ╤А╨░╤Б╤Б╤З╨╕╤В╨░╤В╤М ╤Б╨╗╨╡╨┤╤Г╤О╤Й╨╡╨╡ —

╨Ю╨▒╤Й╨╕╨╣ ╨║╨░╨┐╨╕╤В╨░╨╗:

╨Ш╤В╨░╨║, ╨╛╨▒╤Й╨╕╨╣ ╨║╨░╨┐╨╕╤В╨░╨╗ = 50 000 000 ╨┤╨╛╨╗╨╗╨░╤А╨╛╨▓ ╨б╨и╨Р + 15 000 000 ╨┤╨╛╨╗╨╗╨░╤А╨╛╨▓ ╨б╨и╨Р + 70 000 000 ╨┤╨╛╨╗╨╗╨░╤А╨╛╨▓ ╨б╨и╨Р.

• ╨Ю╨▒╤Й╨╕╨╣ ╨║╨░╨┐╨╕╤В╨░╨╗ = 135 000 000 ╨┤╨╛╨╗╨╗╨░╤А╨╛╨▓ ╨б╨и╨Р.

╨Т╨╡╤Б ╨┤╨╛╨╗╨│╨░:

╨в╨░╨║╨╕╨╝ ╨╛╨▒╤А╨░╨╖╨╛╨╝, ╨▓╨╡╤Б ╨┤╨╛╨╗╨│╨░ = 50 000 000 ╨┤╨╛╨╗╨╗╨░╤А╨╛╨▓ ╨б╨и╨Р ├╖ 135 000 000 ╨┤╨╛╨╗╨╗╨░╤А╨╛╨▓ ╨б╨и╨Р.

• ╨Т╨╡╤Б ╨┤╨╛╨╗╨│╨░ = 0,370

╨б╤В╨╛╨╕╨╝╨╛╤Б╤В╤М ╨┤╨╛╨╗╨│╨░:

╨б╨╗╨╡╨┤╨╛╨▓╨░╤В╨╡╨╗╤М╨╜╨╛, ╤Б╤В╨╛╨╕╨╝╨╛╤Б╤В╤М ╨┤╨╛╨╗╨│╨░ = 4 000 000 ╨┤╨╛╨╗╨╗╨░╤А╨╛╨▓ ╨б╨и╨Р * (1 тАУ 34%) ├╖ 50 000 000 ╨┤╨╛╨╗╨╗╨░╤А╨╛╨▓ ╨б╨и╨Р.

• ╨б╤В╨╛╨╕╨╝╨╛╤Б╤В╤М ╨┤╨╛╨╗╨│╨░ = 5,28%

╨Т╨╡╤Б ╨┐╤А╨╕╨▓╨╕╨╗╨╡╨│╨╕╤А╨╛╨▓╨░╨╜╨╜╤Л╤Е ╨░╨║╤Ж╨╕╨╣:

╨б╨╗╨╡╨┤╨╛╨▓╨░╤В╨╡╨╗╤М╨╜╨╛, ╨▓╨╡╤Б ╨┐╤А╨╕╨▓╨╕╨╗╨╡╨│╨╕╤А╨╛╨▓╨░╨╜╨╜╨╛╨╣ ╨░╨║╤Ж╨╕╨╕ = 15 000 000 ╨┤╨╛╨╗╨╗╨░╤А╨╛╨▓ ╨б╨и╨Р ├╖ 135 000 000 ╨┤╨╛╨╗╨╗╨░╤А╨╛╨▓ ╨б╨и╨Р.

• ╨Т╨╡╤Б ╨┐╤А╨╕╨▓╨╕╨╗╨╡╨│╨╕╤А╨╛╨▓╨░╨╜╨╜╨╛╨╣ ╨░╨║╤Ж╨╕╨╕ = 0,111

╨б╤В╨╛╨╕╨╝╨╛╤Б╤В╤М ╨┐╤А╨╕╨▓╨╕╨╗╨╡╨│╨╕╤А╨╛╨▓╨░╨╜╨╜╨╛╨╣ ╨░╨║╤Ж╨╕╨╕:

╨в╨░╨║╨╕╨╝ ╨╛╨▒╤А╨░╨╖╨╛╨╝, ╤Б╤В╨╛╨╕╨╝╨╛╤Б╤В╤М ╨┐╤А╨╕╨▓╨╕╨╗╨╡╨│╨╕╤А╨╛╨▓╨░╨╜╨╜╨╛╨╣ ╨░╨║╤Ж╨╕╨╕ = 1 500 000 ╨┤╨╛╨╗╨╗╨░╤А╨╛╨▓ ╨б╨и╨Р ├╖ 15 000 000 ╨┤╨╛╨╗╨╗╨░╤А╨╛╨▓ ╨б╨и╨Р.

• ╨б╤В╨╛╨╕╨╝╨╛╤Б╤В╤М ╨┐╤А╨╕╨▓╨╕╨╗╨╡╨│╨╕╤А╨╛╨▓╨░╨╜╨╜╨╛╨╣ ╨░╨║╤Ж╨╕╨╕ = 10,00%

╨Т╨╡╤Б ╤Б╨╛╨▒╤Б╤В╨▓╨╡╨╜╨╜╨╛╨│╨╛ ╨║╨░╨┐╨╕╤В╨░╨╗╨░:

╨в╨░╨║╨╕╨╝ ╨╛╨▒╤А╨░╨╖╨╛╨╝, ╨▓╨╡╤Б ╤Б╨╛╨▒╤Б╤В╨▓╨╡╨╜╨╜╨╛╨│╨╛ ╨║╨░╨┐╨╕╤В╨░╨╗╨░ = 70 000 000 ╨┤╨╛╨╗╨╗╨░╤А╨╛╨▓ ╨б╨и╨Р ├╖ 135 000 000 ╨┤╨╛╨╗╨╗╨░╤А╨╛╨▓ ╨б╨и╨Р.

• ╨Т╨╡╤Б ╤Б╨╛╨▒╤Б╤В╨▓╨╡╨╜╨╜╨╛╨│╨╛ ╨║╨░╨┐╨╕╤В╨░╨╗╨░ = 0,519

╨б╤В╨╛╨╕╨╝╨╛╤Б╤В╤М ╨║╨░╨┐╨╕╤В╨░╨╗╨░:

╨в╨░╨║╨╕╨╝ ╨╛╨▒╤А╨░╨╖╨╛╨╝, ╤Б╤В╨╛╨╕╨╝╨╛╤Б╤В╤М ╤Б╨╛╨▒╤Б╤В╨▓╨╡╨╜╨╜╨╛╨│╨╛ ╨║╨░╨┐╨╕╤В╨░╨╗╨░ = 4% + 1,3 * (11% — 4%)

• ╨б╤В╨╛╨╕╨╝╨╛╤Б╤В╤М ╤Б╨╛╨▒╤Б╤В╨▓╨╡╨╜╨╜╨╛╨│╨╛ ╨║╨░╨┐╨╕╤В╨░╨╗╨░ = 13,10%

╨Ш╤В╨░╨║, ╨╕╨╖ ╨▓╤Л╤И╨╡╨╕╨╖╨╗╨╛╨╢╨╡╨╜╨╜╨╛╨│╨╛ ╨╝╤Л ╤Б╨╛╨▒╤А╨░╨╗╨╕ ╤Б╨╗╨╡╨┤╤Г╤О╤Й╤Г╤О ╨╕╨╜╤Д╨╛╤А╨╝╨░╤Ж╨╕╤О.

╨б╨╗╨╡╨┤╨╛╨▓╨░╤В╨╡╨╗╤М╨╜╨╛, ╤Д╨╛╤А╨╝╤Г╨╗╨░ ╤А╨░╤Б╤З╨╡╤В╨░ ╤Б╤В╨╛╨╕╨╝╨╛╤Б╤В╨╕ ╨║╨░╨┐╨╕╤В╨░╨╗╨░ ╨▒╤Г╨┤╨╡╤В ╤В╨░╨║╨╛╨╣:

╨д╨╛╤А╨╝╤Г╨╗╨░ ╨▓ excel ╨▒╤Г╨┤╨╡╤В ╤В╨░╨║╨╛╨╣:

╨Ю╤Б╨╜╨╛╨▓╤Л╨▓╨░╤П╤Б╤М ╨╜╨░ ╨┐╤А╨╕╨▓╨╡╨┤╨╡╨╜╨╜╤Л╤Е ╨▓╤Л╤И╨╡ ╤А╨░╤Б╤З╨╡╤В╨░╤Е, ╨┤╨╛╤Е╨╛╨┤╨╜╨╛╤Б╤В╤М ABC Limited ╨▓ ╤А╨░╨╖╨╝╨╡╤А╨╡ 10,85% ╨╖╨╜╨░╤З╨╕╤В╨╡╨╗╤М╨╜╨╛ ╨▓╤Л╤И╨╡ ╤Б╤В╨╛╨╕╨╝╨╛╤Б╤В╨╕ ╨║╨░╨┐╨╕╤В╨░╨╗╨░ ╨▓ ╤А╨░╨╖╨╝╨╡╤А╨╡ 9,86%.

╨Ъ╨░╨╗╤М╨║╤Г╨╗╤П╤В╨╛╤А ╤Б╤В╨╛╨╕╨╝╨╛╤Б╤В╨╕ ╨║╨░╨┐╨╕╤В╨░╨╗╨░

╨Т╤Л ╨╝╨╛╨╢╨╡╤В╨╡ ╨╕╤Б╨┐╨╛╨╗╤М╨╖╨╛╨▓╨░╤В╤М ╤Б╨╗╨╡╨┤╤Г╤О╤Й╨╕╨╣ ╨║╨░╨╗╤М╨║╤Г╨╗╤П╤В╨╛╤А ╤Б╤В╨╛╨╕╨╝╨╛╤Б╤В╨╕ ╨║╨░╨┐╨╕╤В╨░╨╗╨░.

.cal-tbl td{ ╨▓╨╡╤А╤Е╨╜╤П╤П ╨│╤А╨░╨╜╨╕╤Ж╨░: 0 !╨▓╨░╨╢╨╜╨╛; }.cal-tbl tr{ ╨▓╤Л╤Б╨╛╤В╨░ ╤Б╤В╤А╨╛╨║╨╕: 0.5em; } ╨в╨╛╨╗╤М╨║╨╛ ╤Н╨║╤А╨░╨╜ @media ╨╕ (╨╝╨╕╨╜╨╕╨╝╨░╨╗╤М╨╜╨░╤П ╤И╨╕╤А╨╕╨╜╨░ ╤Г╤Б╤В╤А╨╛╨╣╤Б╤В╨▓╨░: 320 ╨┐╨╕╨║╤Б╨╡╨╗╨╡╨╣) ╨╕ (╨╝╨░╨║╤Б╨╕╨╝╨░╨╗╤М╨╜╨░╤П ╤И╨╕╤А╨╕╨╜╨░ ╤Г╤Б╤В╤А╨╛╨╣╤Б╤В╨▓╨░: 480 ╨┐╨╕╨║╤Б╨╡╨╗╨╡╨╣) { .cal-tbl tr{ line-height: 1em !important; } }

╨Т╨╡╤Б ╨┤╨╛╨╗╨│╨░╨б╤В╨╛╨╕╨╝╨╛╤Б╤В╤М ╨┤╨╛╨╗╨│╨░╨Т╨╡╤Б ╨┐╤А╨╕╨▓╨╕╨╗╨╡╨│╨╕╤А╨╛╨▓╨░╨╜╨╜╨╛╨╣ ╨░╨║╤Ж╨╕╨╕╨б╤В╨╛╨╕╨╝╨╛╤Б╤В╤М ╨┐╤А╨╕╨▓╨╕╨╗╨╡╨│╨╕╤А╨╛╨▓╨░╨╜╨╜╨╛╨╣ ╨░╨║╤Ж╨╕╨╕╨Т╨╡╤Б ╨║╨░╨┐╨╕╤В╨░╨╗╨░╨б╤В╨╛╨╕╨╝╨╛╤Б╤В╤М ╨║╨░╨┐╨╕╤В╨░╨╗╨░╨б╤В╨╛╨╕╨╝╨╛╤Б╤В╤М ╨║╨░╨┐╨╕╤В╨░╨╗╨░ =

╨б╤В╨╛╨╕╨╝╨╛╤Б╤В╤М ╨║╨░╨┐╨╕╤В╨░╨╗╨░ = (╨Т╨╡╤Б ╨┤╨╛╨╗╨│╨░ x ╨б╤В╨╛╨╕╨╝╨╛╤Б╤В╤М ╨┤╨╛╨╗╨│╨░) + (╨Т╨╡╤Б ╨┐╤А╨╕╨▓╨╕╨╗╨╡╨│╨╕╤А╨╛╨▓╨░╨╜╨╜╨╛╨╣ ╨░╨║╤Ж╨╕╨╕ x ╨б╤В╨╛╨╕╨╝╨╛╤Б╤В╤М ╨┐╤А╨╕╨▓╨╕╨╗╨╡╨│╨╕╤А╨╛╨▓╨░╨╜╨╜╨╛╨╣ ╨░╨║╤Ж╨╕╨╕) + (╨Т╨╡╤Б ╤Б╨╛╨▒╤Б╤В╨▓╨╡╨╜╨╜╨╛╨│╨╛ ╨║╨░╨┐╨╕╤В╨░╨╗╨░ x ╨б╤В╨╛╨╕╨╝╨╛╤Б╤В╤М ╤Б╨╛╨▒╤Б╤В╨▓╨╡╨╜╨╜╨╛╨│╨╛ ╨║╨░╨┐╨╕╤В╨░╨╗╨░) (0 x 0) + (0 x 0) + (0 x 0) = 0

╨Р╨║╤В╤Г╨░╨╗╤М╨╜╨╛╤Б╤В╤М ╨╕ ╨╕╤Б╨┐╨╛╨╗╤М╨╖╨╛╨▓╨░╨╜╨╕╨╡

• ╨Я╨╛╨╜╨╕╨╝╨░╨╜╨╕╨╡ ╤Б╤В╨╛╨╕╨╝╨╛╤Б╤В╨╕ ╨║╨░╨┐╨╕╤В╨░╨╗╨░ ╨╛╤З╨╡╨╜╤М ╨▓╨░╨╢╨╜╨╛, ╨┐╨╛╤Б╨║╨╛╨╗╤М╨║╤Г ╨╛╨╜╨░ ╨╕╨│╤А╨░╨╡╤В ╨║╨╗╤О╤З╨╡╨▓╤Г╤О ╤А╨╛╨╗╤М ╨▓ ╨┐╤А╨╛╤Ж╨╡╤Б╤Б╨╡ ╨┐╤А╨╕╨╜╤П╤В╨╕╤П ╤А╨╡╤И╨╡╨╜╨╕╨╣ ╨┐╨╛ ╤Г╨┐╤А╨░╨▓╨╗╨╡╨╜╨╕╤О ╤Д╨╕╨╜╨░╨╜╤Б╨░╨╝╨╕. ╨ж╨╡╨╗╤М╤О ╤Б╤В╨╛╨╕╨╝╨╛╤Б╤В╨╕ ╨║╨░╨┐╨╕╤В╨░╨╗╨░ ╤П╨▓╨╗╤П╨╡╤В╤Б╤П ╨╛╨┐╤А╨╡╨┤╨╡╨╗╨╡╨╜╨╕╨╡ ╨▓╨║╨╗╨░╨┤╨░ ╤Б╤В╨╛╨╕╨╝╨╛╤Б╤В╨╕ ╨║╨░╨╢╨┤╨╛╨│╨╛ ╨║╨╛╨╝╨┐╨╛╨╜╨╡╨╜╤В╨░ ╨▓ ╤Б╤В╤А╤Г╨║╤В╤Г╤А╤Г ╨║╨░╨┐╨╕╤В╨░╨╗╨░ ╨║╨╛╨╝╨┐╨░╨╜╨╕╨╕ ╨╜╨░ ╨╛╤Б╨╜╨╛╨▓╨╡ ╨┤╨╛╨╗╨╕ ╨┤╨╛╨╗╨│╨░, ╨┐╤А╨╕╨▓╨╕╨╗╨╡╨│╨╕╤А╨╛╨▓╨░╨╜╨╜╤Л╤Е ╨░╨║╤Ж╨╕╨╣ ╨╕ ╤Б╨╛╨▒╤Б╤В╨▓╨╡╨╜╨╜╨╛╨│╨╛ ╨║╨░╨┐╨╕╤В╨░╨╗╨░.
• ╨Я╨╛ ╨┤╨╛╨╗╨│╤Г ╨▓╤Л╨┐╨╗╨░╤З╨╕╨▓╨░╤О╤В╤Б╤П ╨┐╤А╨╛╤Ж╨╡╨╜╤В╤Л ╤Б ╤Д╨╕╨║╤Б╨╕╤А╨╛╨▓╨░╨╜╨╜╨╛╨╣ ╤Б╤В╨░╨▓╨║╨╛╨╣, ╨░ ╨┐╤А╨╕╨▓╨╕╨╗╨╡╨│╨╕╤А╨╛╨▓╨░╨╜╨╜╤Л╨╡ ╨░╨║╤Ж╨╕╨╕ ╨┐╨╛╨╗╤Г╤З╨░╤О╤В ╤Д╨╕╨║╤Б╨╕╤А╨╛╨▓╨░╨╜╨╜╤Л╨╣ ╨┤╨╕╨▓╨╕╨┤╨╡╨╜╨┤╨╜╤Л╨╣ ╨┤╨╛╤Е╨╛╨┤. ╨е╨╛╤В╤П ╨║╨╛╨╝╨┐╨░╨╜╨╕╤П ╨╜╨╡ ╨╛╨▒╤П╨╖╨░╨╜╨░ ╨┐╨╗╨░╤В╨╕╤В╤М ╤Д╨╕╨║╤Б╨╕╤А╨╛╨▓╨░╨╜╨╜╤Г╤О ╨╜╨╛╤А╨╝╤Г ╨┐╤А╨╕╨▒╤Л╨╗╨╕ ╨╜╨░ ╤Б╨╛╨▒╤Б╤В╨▓╨╡╨╜╨╜╤Л╨╣ ╨║╨░╨┐╨╕╤В╨░╨╗, ╤Б╤Г╤Й╨╡╤Б╤В╨▓╤Г╨╡╤В ╨╛╨┐╤А╨╡╨┤╨╡╨╗╨╡╨╜╨╜╨░╤П ╨╛╨╢╨╕╨┤╨░╨╡╨╝╨░╤П ╨╜╨╛╤А╨╝╨░ ╨┐╤А╨╕╨▒╤Л╨╗╨╕. ╨╝╨╡╨╜╨╡╨┤╨╢╨╡╤А ╨╕╨╗╨╕ ╨╕╨╜╨▓╨╡╤Б╤В╨╛╤А. ╨Ю╨╜ ╤В╨░╨║╨╢╨╡ ╨╕╨╖╨▓╨╡╤Б╤В╨╡╨╜ ╨║╨░╨║ ╤В╤А╨╡╨▒╤Г╨╡╨╝╨░╤П ╨╜╨╛╤А╨╝╨░ ╨┐╤А╨╕╨▒╤Л╨╗╨╕ ╨║╨╛╨╝╨┐╨░╨╜╨╕╨╕ ╨╕╨╗╨╕ ╤Ж╨╡╨╗╨╡╨▓╨░╤П ╤Б╤В╨░╨▓╨║╨░. ╨Я╨╛╨┤╤А╨╛╨▒╨╜╨╡╨╡ ╨╛ ╨┤╨╛╨╗╨╡ ╤Б╨╛╨▒╤Б╤В╨▓╨╡╨╜╨╜╨╛╨│╨╛ ╨║╨░╨┐╨╕╤В╨░╨╗╨░.
• ╨Э╨░ ╨╛╤Б╨╜╨╛╨▓╨╡ ╤Б╤А╨╡╨┤╨╜╨╡╨▓╨╖╨▓╨╡╤И╨╡╨╜╨╜╨╛╨│╨╛ ╨╖╨╜╨░╤З╨╡╨╜╨╕╤П ╨▓╤Б╨╡╤Е ╤Б╨╛╤Б╤В╨░╨▓╨╗╤П╤О╤Й╨╕╤Е ╨╖╨░╤В╤А╨░╤В ╨║╨╛╨╝╨┐╨░╨╜╨╕╤П ╨░╨╜╨░╨╗╨╕╨╖╨╕╤А╤Г╨╡╤В, ╨╝╨╛╨╢╨╡╤В ╨╗╨╕ ╤Д╨░╨║╤В╨╕╤З╨╡╤Б╨║╨░╤П ╨╜╨╛╤А╨╝╨░ ╨┐╤А╨╕╨▒╤Л╨╗╨╕ ╨┐╤А╨╡╨▓╤Л╤И╨░╤В╤М ╤Б╤В╨╛╨╕╨╝╨╛╤Б╤В╤М ╨║╨░╨┐╨╕╤В╨░╨╗╨░, ╤З╤В╨╛ ╤П╨▓╨╗╤П╨╡╤В╤Б╤П ╨┐╨╛╨╗╨╛╨╢╨╕╤В╨╡╨╗╤М╨╜╤Л╨╝ ╨┐╤А╨╕╨╖╨╜╨░╨║╨╛╨╝ ╨┤╨╗╤П ╨╗╤О╨▒╨╛╨│╨╛ ╨▒╨╕╨╖╨╜╨╡╤Б╨░. ╨Э╨░ ╨╛╤Б╨╜╨╛╨▓╨░╨╜╨╕╨╕ ╤Н╤В╨╛╨│╨╛ ╨┐╤А╨╕╨╜╨╕╨╝╨░╤О╤В╤Б╤П ╤А╨░╨╖╨╗╨╕╤З╨╜╤Л╨╡ ╤Г╨┐╤А╨░╨▓╨╗╨╡╨╜╤З╨╡╤Б╨║╨╕╨╡ ╤А╨╡╤И╨╡╨╜╨╕╤П ╨╛ ╨┤╨╕╨▓╨╕╨┤╨╡╨╜╨┤╨╜╨╛╨╣ ╨┐╨╛╨╗╨╕╤В╨╕╨║╨╡╨Ф╨╕╨▓╨╕╨┤╨╡╨╜╨┤╨╜╨░╤П ╨┐╨╛╨╗╨╕╤В╨╕╨║╨░╨Ф╨╕╨▓╨╕╨┤╨╡╨╜╨┤╨╜╨░╤П ╨┐╨╛╨╗╨╕╤В╨╕╨║╨░ тАУ ╤Н╤В╨╛ ╨┐╨╛╨╗╨╕╤В╨╕╨║╨░, ╨║╨╛╤В╨╛╤А╤Г╤О ╨║╨╛╨╝╨┐╨░╨╜╨╕╤П ╨┐╤А╨╕╨╜╨╕╨╝╨░╨╡╤В ╨┤╨╗╤П ╨▓╤Л╨┐╨╗╨░╤В╤Л ╨┤╨╕╨▓╨╕╨┤╨╡╨╜╨┤╨╛╨▓ ╨░╨║╤Ж╨╕╨╛╨╜╨╡╤А╨░╨╝ ╨║╨╛╨╝╨┐╨░╨╜╨╕╨╕, ╨║╨╛╤В╨╛╤А╨░╤П ╨▓╨║╨╗╤О╤З╨░╨╡╤В ╨▓ ╤Б╨╡╨▒╤П ╨┐╤А╨╛╤Ж╨╡╨╜╤В ╨╛╤В ╤Б╤Г╨╝╨╝╤Л, ╨▓ ╨║╨╛╤В╨╛╤А╨╛╨╣ ╨┤╨╕╨▓╨╕╨┤╨╡╨╜╨┤╤Л ╨┤╨╛╨╗╨╢╨╜╤Л ╨▒╤Л╤В╤М ╨▓╤Л╨┐╨╗╨░╤З╨╡╨╜╤Л ╨░╨║╤Ж╨╕╨╛╨╜╨╡╤А╨░╨╝ ╨╕ ╨║╨░╨║ ╤З╨░╤Б╤В╨╛ ╨║╨╛╨╝╨┐╨░╨╜╨╕╤П ╨▓╤Л╨┐╨╗╨░╤З╨╕╨▓╨░╨╡╤В ╤Б╤Г╨╝╨╝╤Г ╨┤╨╕╨▓╨╕╨┤╨╡╨╜╨┤╨╛╨▓. ╨Я╨╛╨┤╤А╨╛╨▒╨╜╨╡╨╡, ╤Д╨╕╨╜╨░╨╜╤Б╨╛╨▓╤Л╨╣ ╤А╤Л╤З╨░╨│╨д╨╕╨╜╨░╨╜╤Б╨╛╨▓╤Л╨╣ ╤А╤Л╤З╨░╨│╨Ъ╨╛╤Н╤Д╤Д╨╕╤Ж╨╕╨╡╨╜╤В ╤Д╨╕╨╜╨░╨╜╤Б╨╛╨▓╨╛╨│╨╛ ╤А╤Л╤З╨░╨│╨░ ╨╕╨╖╨╝╨╡╤А╤П╨╡╤В ╨▓╨╗╨╕╤П╨╜╨╕╨╡ ╨┤╨╛╨╗╨│╨░ ╨╜╨░ ╨╛╨▒╤Й╤Г╤О ╨┐╤А╨╕╨▒╤Л╨╗╤М╨╜╨╛╤Б╤В╤М ╨Ъ╨╛╨╝╨┐╨░╨╜╨╕╨╕. ╨С╨╛╨╗╨╡╨╡ ╤В╨╛╨│╨╛, ╨▓╤Л╤Б╨╛╨║╨╛╨╡ ╨╕ ╨╜╨╕╨╖╨║╨╛╨╡ ╤Б╨╛╨╛╤В╨╜╨╛╤И╨╡╨╜╨╕╨╡ ╨┐╨╛╨┤╤А╨░╨╖╤Г╨╝╨╡╨▓╨░╨╡╤В ╨▓╤Л╤Б╨╛╨║╨╕╨╡ ╨╕ ╨╜╨╕╨╖╨║╨╕╨╡ ╤Д╨╕╨║╤Б╨╕╤А╨╛╨▓╨░╨╜╨╜╤Л╨╡ ╨╖╨░╤В╤А╨░╤В╤Л ╨╜╨░ ╨╕╨╜╨▓╨╡╤Б╤В╨╕╤Ж╨╕╨╕ ╨▓ ╨▒╨╕╨╖╨╜╨╡╤Б ╤Б╨╛╨╛╤В╨▓╨╡╤В╤Б╤В╨▓╨╡╨╜╨╜╨╛. ╨┐╨╛╨┤╤А╨╛╨▒╨╜╨╡╨╡, ╤Б╤В╤А╤Г╨║╤В╤Г╤А╨░ ╨║╨░╨┐╨╕╤В╨░╨╗╨░, ╤Г╨┐╤А╨░╨▓╨╗╨╡╨╜╨╕╨╡ ╨╛╨▒╨╛╤А╨╛╤В╨╜╤Л╨╝ ╨║╨░╨┐╨╕╤В╨░╨╗╨╛╨╝ ╨╕ ╨┤╤А╤Г╨│╨╕╨╡ ╤Д╨╕╨╜╨░╨╜╤Б╨╛╨▓╤Л╨╡ ╤А╨╡╤И╨╡╨╜╨╕╤П ╨╕ ╤В. ╨┤.

╨а╨╡╨║╨╛╨╝╨╡╨╜╨┤╤Г╨╡╨╝╤Л╨╡ ╤Б╤В╨░╤В╤М╨╕

╨н╤В╨░ ╤Б╤В╨░╤В╤М╤П ╨▒╤Л╨╗╨░ ╤А╤Г╨║╨╛╨▓╨╛╨┤╤Б╤В╨▓╨╛╨╝ ╨┐╨╛ ╤Д╨╛╤А╨╝╤Г╨╗╨╡ ╤Б╤В╨╛╨╕╨╝╨╛╤Б╤В╨╕ ╨║╨░╨┐╨╕╤В╨░╨╗╨░. ╨Ч╨┤╨╡╤Б╤М ╨╝╤Л ╨╛╨▒╤Б╤Г╨╢╨┤╨░╨╡╨╝ ╨┐╤А╨╕╨╝╨╡╨╜╨╡╨╜╨╕╨╡ ╤Г╤А╨░╨▓╨╜╨╡╨╜╨╕╤П ╤Б╤В╨╛╨╕╨╝╨╛╤Б╤В╨╕ ╨║╨░╨┐╨╕╤В╨░╨╗╨░ ╨▓╨╝╨╡╤Б╤В╨╡ ╤Б ╨┐╤А╨░╨║╤В╨╕╤З╨╡╤Б╨║╨╕╨╝╨╕ ╨┐╤А╨╕╨╝╨╡╤А╨░╨╝╨╕ ╨╕ ╨╖╨░╨│╤А╤Г╨╢╨░╨╡╨╝╤Л╨╝╨╕ ╤И╨░╨▒╨╗╨╛╨╜╨░╨╝╨╕ Excel. ╨Т╤Л ╨╝╨╛╨╢╨╡╤В╨╡ ╤Г╨╖╨╜╨░╤В╤М ╨▒╨╛╨╗╤М╤И╨╡ ╨╛ ╤Д╨╕╨╜╨░╨╜╤Б╨╛╨▓╨╛╨╝ ╨░╨╜╨░╨╗╨╕╨╖╨╡ ╨╕╨╖ ╤Б╨╗╨╡╨┤╤Г╤О╤Й╨╕╤Е ╤Б╤В╨░╤В╨╡╨╣:

• ╨С╨╡╨╖╤А╨╕╤Б╨║╨╛╨▓╨░╤П ╤Б╤В╨░╨▓╨║╨░╨С╨╡╨╖╤А╨╕╤Б╨║╨╛╨▓╨░╤П ╤Б╤В╨░╨▓╨║╨░╨С╨╡╨╖╤А╨╕╤Б╨║╨╛╨▓╨░╤П ╤Б╤В╨░╨▓╨║╨░ тАФ ╤Н╤В╨╛ ╨╝╨╕╨╜╨╕╨╝╨░╨╗╤М╨╜╨░╤П ╨╜╨╛╤А╨╝╨░ ╨┐╤А╨╕╨▒╤Л╨╗╨╕, ╨╛╨╢╨╕╨┤╨░╨╡╨╝╨░╤П ╨╕╨╜╨▓╨╡╤Б╤В╨╛╤А╨╛╨╝ ╨╛╤В ╨╕╨╜╨▓╨╡╤Б╤В╨╕╤Ж╨╕╨╣ ╤Б ╨╜╤Г╨╗╨╡╨▓╤Л╨╝ ╤А╨╕╤Б╨║╨╛╨╝. ╨н╤В╨╛ ╨│╨╛╤Б╤Г╨┤╨░╤А╤Б╤В╨▓╨╡╨╜╨╜╤Л╨╡ ╨╛╨▒╨╗╨╕╨│╨░╤Ж╨╕╨╕ ╤А╨░╨╖╨▓╨╕╤В╤Л╤Е ╤Б╤В╤А╨░╨╜, ╨╗╨╕╨▒╨╛ ╨║╨░╨╖╨╜╨░╤З╨╡╨╣╤Б╨║╨╕╨╡ ╨╛╨▒╨╗╨╕╨│╨░╤Ж╨╕╨╕ ╨б╨и╨Р, ╨╗╨╕╨▒╨╛ ╨│╨╛╤Б╤Г╨┤╨░╤А╤Б╤В╨▓╨╡╨╜╨╜╤Л╨╡ ╨╛╨▒╨╗╨╕╨│╨░╤Ж╨╕╨╕ ╨У╨╡╤А╨╝╨░╨╜╨╕╨╕. ╨е╨╛╤В╤П ╨╡╨│╨╛ ╨╜╨╡ ╤Б╤Г╤Й╨╡╤Б╤В╨▓╤Г╨╡╤В, ╨┐╨╛╤В╨╛╨╝╤Г ╤З╤В╨╛ ╨║╨░╨╢╨┤╨░╤П ╨╕╨╜╨▓╨╡╤Б╤В╨╕╤Ж╨╕╤П ╨╕╨╝╨╡╨╡╤В ╨╛╨┐╤А╨╡╨┤╨╡╨╗╨╡╨╜╨╜╤Г╤О ╨┤╨╛╨╗╤О ╤А╨╕╤Б╨║╨░.╨Я╨╛╨┤╤А╨╛╨▒╨╜╨╡╨╡
• ╨а╨░╤Б╤Б╤З╨╕╤В╨░╤В╤М ╨▒╨╡╤В╨░-╨║╨╛╤Н╤Д╤Д╨╕╤Ж╨╕╨╡╨╜╤В
• SMLSML╨Ы╨╕╨╜╨╕╤П ╤А╤Л╨╜╨║╨░ ╤Ж╨╡╨╜╨╜╤Л╤Е ╨▒╤Г╨╝╨░╨│ (SML) тАФ ╤Н╤В╨╛ ╨Ь╨╛╨┤╨╡╨╗╤М ╤Ж╨╡╨╜╨╛╨╛╨▒╤А╨░╨╖╨╛╨▓╨░╨╜╨╕╤П ╨║╨░╨┐╨╕╤В╨░╨╗╤М╨╜╤Л╤Е ╨░╨║╤В╨╕╨▓╨╛╨▓ (CAPM). ╨Ю╨╜ ╨┤╨░╨╡╤В ╨╛╨╢╨╕╨┤╨░╨╡╨╝╤Г╤О ╨┤╨╛╤Е╨╛╨┤╨╜╨╛╤Б╤В╤М ╤А╤Л╨╜╨║╨░ ╨┐╤А╨╕ ╤А╨░╨╖╨╗╨╕╤З╨╜╤Л╤Е ╤Г╤А╨╛╨▓╨╜╤П╤Е ╤Б╨╕╤Б╤В╨╡╨╝╨░╤В╨╕╤З╨╡╤Б╨║╨╛╨│╨╛ ╨╕╨╗╨╕ ╤А╤Л╨╜╨╛╤З╨╜╨╛╨│╨╛ ╤А╨╕╤Б╨║╨░. ╨Х╨╡ ╤В╨░╨║╨╢╨╡ ╨╜╨░╨╖╤Л╨▓╨░╤О╤В ┬л╤Е╨░╤А╨░╨║╤В╨╡╤А╨╕╤Б╤В╨╕╤З╨╡╤Б╨║╨╛╨╣ ╨╗╨╕╨╜╨╕╨╡╨╣┬╗, ╨│╨┤╨╡ ╨╛╤Б╤М X ╨┐╤А╨╡╨┤╤Б╤В╨░╨▓╨╗╤П╨╡╤В ╨║╨╛╤Н╤Д╤Д╨╕╤Ж╨╕╨╡╨╜╤В ╨▒╨╡╤В╨░ ╨╕╨╗╨╕ ╤А╨╕╤Б╨║ ╨░╨║╤В╨╕╨▓╨░, ╨░ ╨╛╤Б╤М Y ╨┐╤А╨╡╨┤╤Б╤В╨░╨▓╨╗╤П╨╡╤В ╨╛╨╢╨╕╨┤╨░╨╡╨╝╤Г╤О ╨┤╨╛╤Е╨╛╨┤╨╜╨╛╤Б╤В╤М.╨Я╨╛╨┤╤А╨╛╨▒╨╜╨╡╨╡
• ╨Т╨╛╨┐╤А╨╛╤Б╤Л ╨╕ ╨╛╤В╨▓╨╡╤В╤Л ╨╜╨░ ╤Б╨╛╨▒╨╡╤Б╨╡╨┤╨╛╨▓╨░╨╜╨╕╨╕ ╨┐╨╛ ╨╛╤Ж╨╡╨╜╨║╨╡╨Т╨╛╨┐╤А╨╛╤Б╤Л ╨╕ ╨╛╤В╨▓╨╡╤В╤Л ╨╜╨░ ╤Б╨╛╨▒╨╡╤Б╨╡╨┤╨╛╨▓╨░╨╜╨╕╨╕ ╨┐╨╛ ╨╛╤Ж╨╡╨╜╨║╨╡╨б╨░╨╝╤Л╨╡ ╨▓╨░╨╢╨╜╤Л╨╡ ╨▓╨░╨╢╨╜╤Л╨╡ ╨▓╨╛╨┐╤А╨╛╤Б╤Л ╨╜╨░ ╤Б╨╛╨▒╨╡╤Б╨╡╨┤╨╛╨▓╨░╨╜╨╕╨╕: ╤З╤В╨╛ ╤В╨░╨║╨╛╨╡ ╤Б╨▓╨╛╨▒╨╛╨┤╨╜╤Л╨╣ ╨┤╨╡╨╜╨╡╨╢╨╜╤Л╨╣ ╨┐╨╛╤В╨╛╨║ ╨┤╨╗╤П ╤Д╨╕╤А╨╝╤Л?, ╤З╤В╨╛ ╤В╨░╨║╨╛╨╡ ╤Б╨▓╨╛╨▒╨╛╨┤╨╜╤Л╨╣ ╨┤╨╡╨╜╨╡╨╢╨╜╤Л╨╣ ╨┐╨╛╤В╨╛╨║ ╨┤╨╗╤П ╤Б╨╛╨▒╤Б╤В╨▓╨╡╨╜╨╜╨╛╨│╨╛ ╨║╨░╨┐╨╕╤В╨░╨╗╨░?, ╨╝╨╛╨┤╨╡╨╗╤М ╨┤╨╕╤Б╨║╨╛╨╜╤В╨╕╤А╨╛╨▓╨░╨╜╨╕╤П ╨┤╨╕╨▓╨╕╨┤╨╡╨╜╨┤╨╛╨▓? ╨╕ ╤А╨░╨╖╨╜╨╕╤Ж╨░ ╨╝╨╡╨╢╨┤╤Г ╤Б╤В╨╛╨╕╨╝╨╛╤Б╤В╤М╤О ╨┐╤А╨╡╨┤╨┐╤А╨╕╤П╤В╨╕╤П ╨╕ ╤Б╤В╨╛╨╕╨╝╨╛╤Б╤В╤М╤О ╨░╨║╤Ж╨╕╨╛╨╜╨╡╤А╨╜╨╛╨│╨╛ ╨║╨░╨┐╨╕╤В╨░╨╗╨░?╨Я╨╛╨┤╤А╨╛╨▒╨╜╨╡╨╡