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What percentage of its total net revenue

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Question - 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.

Reference no: EM132926458

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