Business, 08.04.2021 05:40 jermainedwards

Analyzing and Assessing Research and Development Expenses Agilent Technologies, Inc., the high-tech spin-off from Hewlett-Packard Company, reports the following operating profit for 2014 in its 10-K ($ millions):

Net revenue
Products $6,082
Services and other 1,133
Total net revenue 7,215
Costs and expenses
Cost of products 2,473
Cost of services and other 613
Total costs 3,086
Research and development 649
Selling, general and administrative 1,809
Total costs and expenses 5,544
Income from operations $1,671

Required
What percentage of its total net revenue is Agilent spending on research and development? Round to one decimal place.

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Analyzing and Assessing Research and Development Expenses Agilent Technologies, Inc., the high-tech...

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