Excerpts from the 2014 financial report of Intel, a computer-processor manufacturer, are as follows (dollars in millions).
Question:
Review this information, calculate relevant ratios from Figure 55, and explain why Intel appears to be a good or poor investment. The tax rate was 25.9 percent.
Figure 5-5
Transcribed Image Text:
2014 2013 2012 Balance Sheet $27,730 $32,084 $31,358 Current assets Long-term assets 64,226 60,274 52,993 Current liabilities 16,019 13,568 12,898 Long-term debt 20,072 20,534 20,250 Shareholders' equity 58,256 55,865 51,203 Income Statement $55,870 $52,708 $53,341 Sales Net income 11,005 11,704 9,620 Interest expense 192 244 90
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 83% (6 reviews)
Profitability Ratios Return on Equity Net Income Average Shareholders Equity 201411704 58...View the full answer
Answered By
Dephine Omondi
My qualification Bachelor's of Education i qualified Andhra Tet Both SGT and School Assistant Tet. I would like to teach mathematics simple way. I am working in Chegg advanced maths SME
0.00
0 Reviews
10+ Question Solved
Related Book For
Question Posted:
Students also viewed these Business questions
-
Excerpts from the 2014 financial statements of Finley Ltd., a service company, follow: Fees earned ..............$240,000 Accounts receivable ............ 68,000 Allowance for doubtful accounts...
-
ABC Airlines (ABC) carried more than 11.9 million passengers to over 160 destinations in 17 countries in 2014. ABC is the descendant of several predecessor companies, including AB Air and BC...
-
Excerpts from the 2014 financial statements for Goodyear are as follows (dollars in millions): * Includes accumulated other comprehensive loss. REQUIRED: Assume that you have some capital to invest...
-
The accounting records of Shumway Ag Implement show the following data. Determine the cost of goods sold during the period under a periodic inventory system using (a) the FIFO method, (b) the LIFO...
-
Hospitals and other health care providers face several issues of accounting and reporting. Mosby Memorial Hospital, a private, not-for-profit hospital, engaged in the following transactions. 1. At...
-
Maria meets all of the requirements of 1237 (subdivided realty). In 2014, she begins selling lots and sells four separate lots to four different purchasers. She also sells two contiguous lots to...
-
What is a unit root test and what are its consequences?
-
Inez has a specific set of plans to build a sailboat. The plans are detailed, and any boatbuilder can construct the boat. Inez secures bids, and the low bid is made by the Whale of a Boat Corp. Inez...
-
Image transcription text The following table contains load-extension data from a tensile test on a cylindrical specimen with gauge length 9mm and gauge diameter 5mm. Load-extension Data Load [KN] 0...
-
Which of the graphs in Fig. Q25.12 best illustrates the current I in a real resistor as a function of the potential difference V across it? Explain. Figure Q25.12 (a) (b) (c) (d)
-
Edgemont Repairs began operations on January 1, 2015. The 2015, 2016, and 2017 financial statements follow: On January 1, 2017, the company expanded operations by taking out a $40,000 long-term loan...
-
The following sales information concerning Johnson & Johnsons primary business segments appeared in the companys 2014 SEC Form 10-K (dollars in millions). a. Which of the three primary business...
-
There is an active debate about the safety of driving a large, heavy sport utility vehicle (SUV) versus driving a smaller, more maneuverable car. Below is a list showing driver deaths and total...
-
Wilmington Investments, LLC leased a building from Baker Properties, Inc. The sole shareholder of Baker Properties, Inc. is Joe Baker. During Hurricane Louisa, the building was damaged and flooded....
-
When posting from the General Journal to the General Ledger to create an Audit Trail the procedure is done in the following order: _____ Enter the amount from the General Journal. If in the Debit...
-
Some of the major Accounting fields would include the following except: Question 1 Answer a. Summary, analysis and reporting of financial transactions b. Management accounting for employees'...
-
All the items below must be considered when insuring your US medical device manufacturing site which makes class III products is compliant with the FDA QSR for Production and Process Controls:...
-
I scored a 12 out of 12 on the connect assessment. It states range from 10 to 12 you are ready for a career as in HR Professional. Which I will say that I have worked in the area of HR since 2005. So...
-
What has leadership done to implement strategy, and what challenges remain? In 2017, Ford Motor Company was facing disruption in the automobile industry and moving in a direction that meant it was...
-
Akramin just graduated with a Master of Engineering in Manufacturing Engineering and landed a new job in Melaka with a starting salary of RM 4,000 per month. There are a number of things that he...
-
Eaton Enterprises made the following adjusting journal entries on December 31, 2011:a. Give a brief explanation for each of the above entries.b. Classify each of the above entries as either a cost...
-
Hog Heaven Rib Joint made the following journal entries on December 31, 2011: Place each of the transactions above in one of the following five categories: (1) operating cash flow, (2) investing cash...
-
The Hurst Corporation pays its employees every Friday for the five-day week just ended. In January 2, 2013, the company paid its employees $70,000 for the week beginning Monday. December 29. a....
-
Ron owns 6 % of USAco, a U . S . corporation. Ron is a nonresident alien. USAco pays Ron a $ 1 , 2 0 0 dividend during the current year. Ron also purchases an unassignable bond issued by USAco, and...
-
Sweeten Company had no jobs in progress at the beginning of the year and no beginning inventories. It started, completed, and sold only two jobs during the year-Job P and Job Q. The company uses a...
-
Dora Johari started her transport business on 1 July 2015. She purchased the following vehicles on the same day: Pickup at Sh.4,500,000. Lorry at Sh.6,000,000. Lorry at Sh.15,000,000. KZ 414A KB...
Study smarter with the SolutionInn App