What is Yahoo’s common-sized product development expense for 2017? (Rounded to two decimal places, in percentage format).  $ in millions Dec 31, 2017 Dec 31, 2016 Total Assets $17,103.30 $16,805.00 Revenues 4,984.20 4,986.60 Product development exp 919.40 885.80 Operating Expense 3,102.00 3,007.80 Net Income $1,048.80 $1,093.00

Entrepreneurial Finance
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ISBN:9781337635653
Author:Leach
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Chapter4A: Nopat Breakeven: Revenues Needed To Cover Total Operating Costs
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What is Yahoo’s common-sized product development expense for 2017? (Rounded to two decimal places, in percentage format). 

$ in millions

Dec 31, 2017

Dec 31, 2016

Total Assets

$17,103.30

$16,805.00

Revenues

4,984.20

4,986.60

Product development exp

919.40

885.80

Operating Expense

3,102.00

3,007.80

Net Income

$1,048.80

$1,093.00

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