The Booz Allen Hamilton consulting firm found that firms having the highest rates of R&D spending as a percentage of sales are more likely than other companies in their industries to achieve superior gross margins.

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The statement is true according to a study conducted by the Booz Allen Hamilton consulting firm. Companies with higher R&D spending as a percentage of sales are more likely to achieve superior gross margins in comparison to other companies in their respective industries.

The Booz Allen Hamilton Consulting Firm Found That Firms Having