Question

Intel Corporation provided the following information on its balance sheet and statement of cash flows:

Required:
1. Calculate the following: (a) current ratio, (b) quick ratio, (c) cash ratio, and (d) operating cash flow ratio. (Note: Round answers to two decimal places.)
2. Interpret these results.
3. Assume that Intel, as a requirement of one of their loans, must maintain a current ratio of at least 2.30. Given their large amount of cash, how could they accomplish this on December 31st (be specific as to dollar amounts)?


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  • CreatedSeptember 22, 2015
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