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

Intermediate Accounting: Reporting And Analysis

3rd Edition

ISBN:9781337788281

Author:James M. Wahlen, Jefferson P. Jones, Donald Pagach

Publisher:James M. Wahlen, Jefferson P. Jones, Donald Pagach

Chapter12: Intangibles

Section: Chapter Questions

Problem 13E

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$ 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

	2018	2017	2016
RD&E per patent as a percentage	Answer	Answer	Answer

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