Agilent Technologies, Ic., the high-tech spin-off from Hewlett-Packard Company, reports the following operating profit for 2014...
Fantastic news! We've Found the answer you've been seeking!
Question:
Transcribed Image Text:
Agilent Technologies, Ic., the high-tech spin-off from Hewlett-Packard Company, reports the following operating profit for 2014 in its 10-K ($ millions): Net revenue Products $5,582 Services and other 1,133 Total net revenue 6,715 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 $1,171 Required What percentage of its total net revenue is Agilent spending on research and development? Round to one decimal place. % Agilent Technologies, Ic., the high-tech spin-off from Hewlett-Packard Company, reports the following operating profit for 2014 in its 10-K ($ millions): Net revenue Products $5,582 Services and other 1,133 Total net revenue 6,715 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 $1,171 Required What percentage of its total net revenue is Agilent spending on research and development? Round to one decimal place. %
Expert Answer:
Answer rating: 100% (QA)
Solution Given that Percentage net reveue 966 ofits tota... View the full answer
Related Book For
Accounting Tools for Business Decision Making
ISBN: 978-1118128169
5th edition
Authors: Paul D. Kimmel, Jerry J. Weygandt, Donald E. Kieso
Posted Date:
Students also viewed these accounting questions
-
Using the data in M7-3, calculate to one decimal place the inventory turnover ratio and days to sell for Dillard's. In a recent year, Macy's reported an inventory turnover ratio of 3.2. Which...
-
Hewlett Packard (HP) announced the spin-off of its Agilent Technologies unit to focus on its main business of computers and printers. Hewlett Packard provided Agilent with $983 million in start-up...
-
Moran Company reports the following operating results for the month of August: Sales $350,000 (units 5,000); variable costs $210,000; and fixed costs $90,000. Management is considering the following...
-
Your friend, Daniel Nat, recently began work as the lead accountant for Asheville Company. Dan prepared the following balance sheet for December 31, 20Y5: Asheville Company Balance Sheet December 31,...
-
E-Net Company sells electronics over the Internet. The Consumer Products Division is organized as a cost center. The budget for the Consumer Products Division for the month ended January 31, 2014, is...
-
Find the approximate energy released in the following fission reactions: (a) 23592U + In ( fission products Plus five neutrons, (b) 23594Pu + In ( fission products Plus three neutrons.
-
You are analyzing the performance of Jackson Corporation, a manufacturer of personal care products, for the most recent year. The following data are taken from the firm's latest annual report: In...
-
Rubax, a U.S. manufacturer of athletic shoes, estimates the following linear trend model for shoe sales: Q t = a + bt + c 1 D 1 + c 2 D 2 + c 3 D 3 where Q t = sales of athletic shoes in the t th...
-
Appling Enterprises issued 8% bonds with a face amount of $460,000 on January 1, 2024. The bonds sold for $417,676 and mature in 2043 (20 years). For bonds of similar risk and maturity the market...
-
Christy Albright and Dan Ralls formed the Charter Company on 11/30/2012, and chose a tax year ending on 11/30. Charter was formed to operate a restaurant (at 7848 Pesca Dr., San Francisco, CA 94123)...
-
A firm produces according to the following production function: Q = K 0.25 L 0.5 . Suppose that the price of K is $4 per unit, and the price of L is $6 per unit. When L=5 and K=10, is the firm...
-
Review the sections describing ethical values of individuals and societies. Discuss the ways both societies and individuals form those values. Which view best fits your moral development?
-
Describe the steps necessary to create a statement of cash flows.
-
You are auditing the Alaska Branch of Far Distributing Co. This branch has substantial annual sales which are billed and collected locally. As a part of your audit you find that the procedures for...
-
Two baseball players, Fredo and Karl, on different teams wanted to find out who had the higher batting average when compared to his team. Which baseball player had the higher batting average when...
-
Review the discussion about ethical absolutism and ethical relativism. Discuss the views of each position. Which position applies to modern ethical issues?
-
4. lim 1+h+1-h2 1+1-2 h0 h 199 2 a) b) c) d) 4 381234 (17h) I leviedni bezolo 9 no monoen sans 2
-
Let (x) = x 2 - 9, g(x) = 2x, and h(x) = x - 3. Find each of the following. (((--) 2
-
Valenti Company Ltd. publishes a monthly sports magazine, Fishing Preview. Subscriptions to the magazine cost $28 per year. During November 2014, Valenti sells 6,300 subscriptions for cash, beginning...
-
Suppose the following items are taken from the 2014 balance sheet of Starbucks Corporation. (All dollars are in millions.) Goodwill ..............$ 477 Common stock............ 40...
-
Sands Company sold goods with a total selling price of $800,000 during the year. It purchased goods for $380,000 and had beginning inventory of $67,000. A count of its ending inventory determined...
-
Which of the following is not a cash equivalent? a. Short-term U.S. Treasury bill b. Short-term certificate of deposit c. Money-market account d. IBM common stock
-
Which of the following methods will disclose the cash received from customers in the statement of cash flows? a. Indirect method b. Reconciliation method c. Direct method d. Both direct and indirect...
-
Which of the following expenses are not added back to net income when using the indirect method to prepare a statement of cash flows? a. Amortization expense b. Depletion expense c. Interest expense...
Study smarter with the SolutionInn App