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Argosy University/ Phoniex University/
Nov-2005 - Oct-2011
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Phoniex University
Oct-2001 - Nov-2016
Use the following consolidated balance sheet for Intel Corporation annual report.
| INTEL CORPORATION CONSOLIDATED BALANCE SHEET December 29, 2008 (In Millions, Except Par Value) |
||||
| Assets | ||||
| Current assets: | ||||
| Cash and cash equivalents | $ | 8,030 | ||
| Short-term investments | 5,518 | |||
| Trading assets | 2,695 | |||
| Accounts receivable, net of allowance for doubtful accounts of $17 ($27 in 2008) | 2,923 | |||
| Inventories | 2,493 | |||
| Deferred tax assets | 932 | |||
| Other current assets | 292 | |||
| Total current assets | 22,883 | |||
| Property, plant and equipment, (net) | 16,170 | |||
| Marketable strategic equity securities | 566 | |||
| Other long-term investments | 1,872 | |||
| Goodwill | 3,766 | |||
| Other long-term assets | 2,303 | |||
| Total assets | $ | 47,560 | ||
| Liabilities and stockholders' equity | ||||
| Current liabilities: | ||||
| Short-term debt | $ | 234 | ||
| Accounts payable | 1,679 | |||
| Accrued compensation and benefits | 1,510 | |||
| Accrued advertising | 764 | |||
| Deferred income on shipments to distributors | 623 | |||
| Other accrued liabilities | 1,331 | |||
| Total current liabilities | 6,141 | |||
| Long-term income taxes payable | 785 | |||
| Deferred tax liabilities | 89 | |||
| Long-term debit | 910 | |||
| Other long-term liabilities | 1,450 | |||
| Commitments and contingencies (Notes 18 and 24) | ||||
| Stockholders' equity: | ||||
| Preferred stock, $0.001 par value, 50 shares authorized; none issued | - | |||
| Common stock, $0.001 par value, 10,000 shares authorized; 5,562 issued and outstanding(5,818 in 2008) and capital in excess of par value | 6,762 | |||
| Accumulated other comprehensive income (loss) | 99 | |||
| Retained earnings | 31,324 | |||
| Total stockholders' equity | 38,185 | |||
| Total liabilities and stockholders' equity | $ | 47,560 | ||
| Required: |
|
Prepare a common size balance sheet at December 29, 2008. (Round your answers to 1 decimal place. Omit the "%" sign in your response.) |
| INTEL CORPORATION Common Size Balance Sheet December 29, 2008 |
|
| Total current assets | % |
| Property, plant and equipment, (net) | |
| Marketable strategic equity securities and other long-term investments | |
| Goodwill and other long-term assets, net | |
| Total assets | % |
| Total current liabilities | % |
| Total long-term liabilities (including deferred income tax liabilities) | |
| Total stockholders' equity | |
| Total liabilities and stockholders' equity | % |
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