Table P2.5 on Page 54 summarizes the financial conditions for Intel Corporation (INTC), a manufacturer of various computer-processing chips for fiscal year 2013. Compute the various financial ratios and Interpret the firm’s financial health during fiscal year 20 13. The closing stock price was $25.50 on December 31, 2013 and the average number of outstanding shares was 4.98 billion.
(a) Debt ratio
(b) Times-interest-earned ratio
(c) Current ratio
(d) Quick (acid-test) ratio
(e) Inventory-turnover ratio
(f) Days-sales-outstanding
(g) Total-assets-turnover ratio
(h) Profit margin on sales
(I) Return on total assets (with a tax rate of 40%)
(j) Return on common equity
(k) Price/earnings ratio
(l) Book value per share

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TABLE P2.5 Financial Statements for Intel Co. BALANCE SHEET Period Ending Cash And Cash Equivalents Short Term Investments Net Receivables Inventory Other Current Assets Total Current Assets Long Term Investments Property Plant and Equipment Goodwill Intangible Assets Other Assets Total Assets Accounts Payable Short/Current Long Term Debt Other Current Liabilities Total Current Liabilities Long Term Debt Other Liabilities Deferred Long Term Liability Charges Total Liabilities Common Stock Retained Earnings Other Stockholder Equity Total Stockholder Equity Total Liabilities and Stockholders' Equity Income Statement Total Revenue Cost of Revenue Gross Profit Research Development Selling General and Administrative Operating Income or Loss Period Ending Total Other Income/Expenses Net Earnings Before Interest And Taxes Interest Expense Income Before Tax Dec 28, 2013 $5,674,000 14,413,000 6,176,000 4,172,000 1,649,000 $ 32,084,000 7,694,000 31,428,000 10,513,000 5,150,000 5,489,000 $ 92,358,000 11,191,000 281,000 2,096,000 $13,568,000 13,165,000 2,972,000 4,397,000 $ 34,102,000 21,536,000 35,477,000 1,243,000 $ 58,256,000 $92,358,000 BALANCE SHEET Income Tax Expense Net Income From Continuing Ops Net Income Applicable To Common Shares $170,910,000 106,606,000 $ 64,304,000 4,475,000 10,830,000 $ 48,999,000 Dec 28, 2013 1,156,000 50,155,000 50,155,000 13,118,000 37,037,000 $ 37,037,000 Dec 29, 2012 $ 8,478,000 9,684,000 5,950,000 4,734,000 2,512,000 $ 31,358,000 4,917,000 27,983,000 9,710,000 6,235,000 4,148,000 $ 84,351,000 10,654,000 312,000 1,932.000 $ 12,898,000 13,136,000 3,702,000 3,412,000 $33,148,000 19,464,000 32,138,000 (399,000) $ 51,203,000 $ 84,351,000 $156,508,000 87,846,000 $ 68,662,000 3,381,000 10,040,000 $ 55,241,000 Dec 29, 2012 522,000 55,763,000 55,763,000 14,030,000 41,733,000 $ 41,733,000