Use the following year-end footnote disclosure from Intel's 10-K report to answer parts (a) and (b). a.

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Use the following year-end footnote disclosure from Intel's 10-K report to answer parts $a$ and $b$. image text in transcribed

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?

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Financial And Managerial Accounting For MBAs

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Question Posted: Mar 03, 2024 06:02 AM

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Use the following year-end footnote disclosure from Intel's 10-K report to answer parts (a) and (b). a.

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(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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