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GMAT
GMAT Data Insights Section

R&D Expenditure Analysis of Technology Firms

Hard Data Interpretation Interpreting Tables

The table below provides the annual expenditure (in thousands of dollars) on research and development (R&D) for five different technology companies over three years:

Company202120222023
TechVision$500$650$700
InnovaCorp$300$400$480
AlphaSystems$450$500$550
NextGen Tech$250$350$400
Future Solutions$600$700$800

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