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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Current liabilities Cash and equivalents Marketable securities Receivables $8,514,000,000 6,598,000,000 3,404,000,000 2,709,000,000 Inventories Other current assets Cash flows from operating activities 4,314,000,000 2,146,000,000 10,620,000,000