On its 2016 income statement, abbott laboratories reported research and development expense of $1,422,000,000. which of the following statements must be true? select one: a. abbott laboratories spent $1,422,000,000 in cash to develop new products and improve old products. b. research and development expense reduced abbott laboratories 2016 net income by $1,422,000,000. c. abbott laboratories capitalized at least $1,422,000,000 of research and development costs in 2016. d. the $1,422,000,000 included amortized research and development costs from prior years that were not previously expensed, because abbott laboratories incurs such expenses each year. e. none of the above

Which of the following businesses is most likely to disrupt an existing industry? a. closer connex developed an earphone that receives emails and text messages and converts them to voice messages. the first models had poor reception, but they rapidly improved over time. b. mega technologies reconfigured the components used in its touchscreen tablets to create a new type of wearable device for use in restaurants and other service industries. c. particle inc. developed a teleportation technology that can transport physical materials instantaneously across great distances. d. altrea added advanced camera technology to its premium line of smartphones so that they would take the highest-quality photos of all phones on the market.