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Business, 22.10.2019 22:00 sethhdoty

Intel corporation reported the following in its 2016 financial statements (in millions): december 31, 2016 2015 total assets $113,327 $101,459 revenues 59,387 55,355 research and development expenses 12,740 12,128 net income 10,316 11,420 what is the common-size amount for intel corporation’s research and development expense for 2016? a. 17.4% b. 21.5% c. 11.2% d. 78.5% e. none of the above

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