Research and Development Expense International Business Machines Corporation (IBM) reported the following on its 2018 form 10‑K. $ millions 2018 2017 2016 Total revenue $79,591 $79,139 $79,919 Research, development and engineering expense 5,379 5,590 5,726 Number of new patents awarded 9,100 9,043 8,088 b. Compute the research, development and engineering expense per new patent for each year. What pattern do we observe? Note: Round percentage to one decimal places (for example, enter 6.7% for 6.6555%). 2018 2017 2016 RD&E per patent as a percentage Answer Answer Answer
Research and Development Expense International Business Machines Corporation (IBM) reported the following on its 2018 form 10‑K. $ millions 2018 2017 2016 Total revenue $79,591 $79,139 $79,919 Research, development and engineering expense 5,379 5,590 5,726 Number of new patents awarded 9,100 9,043 8,088 b. Compute the research, development and engineering expense per new patent for each year. What pattern do we observe? Note: Round percentage to one decimal places (for example, enter 6.7% for 6.6555%). 2018 2017 2016 RD&E per patent as a percentage Answer Answer Answer
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
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Research and Development Expense
International Business Machines Corporation (IBM) reported the following on its 2018 form 10‑K.
| $ millions | 2018 | 2017 | 2016 |
|---|---|---|---|
| Total revenue | $79,591 | $79,139 | $79,919 |
| Research, development and engineering expense | 5,379 | 5,590 | 5,726 |
| Number of new patents awarded | 9,100 | 9,043 | 8,088 |
b. Compute the research, development and engineering expense per new patent for each year. What pattern do we observe?
Note: Round percentage to one decimal places (for example, enter 6.7% for 6.6555%).
| 2018 | 2017 | 2016 | |
|---|---|---|---|
| RD&E per patent as a percentage | Answer
|
Answer
|
Answer
|
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