Agilent Technologies, Ic., the high-tech spin-off from Hewlett-Packard Company, reports the following operating profit for 2014...

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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. %

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Solution Given that Percentage net reveue 966 ofits tota... View the full answer