Use the following year-end footnote disclosure from Intel's 10-K report to answer parts (a) and (b). a.
Question:
Use the following year-end footnote disclosure from Intel's 10-K report to answer parts \(a\) and \(b\).
a. What amount does Intel report on its balance sheet as available-for-sale equity securities? Explain.
b. How does Intel report the net unrealized gain of \(\$ 1,074\) million ( \(\$ 1,079\) million \(-\$ 5\) million) in its financial statements?
Transcribed Image Text:
(Millions of Dollars) Cost of available-for-sale equity securities Gross unrealized gains... Gross unrealized losses.. Fair value of available-for-sale equity securities ..... $14,001 2012 $12,927 1,079 (5)
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ISBN: 9781618533593
6th Edition
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