INTEL CORPORATION CONSOLIDATED BALANCE SHEET December 27, 2008 (In Millions, Except Par Value) Assets Current assets: …

December 27, 2008
(In Millions, Except Par Value)
Current assets:
Cash and cash equivalents $ 3,350
Short-term investments 5,331
Trading assets 3,162
Accounts receivable, net of allowance for doubtful accounts of $17 ($27 in 2008) 1,712
Inventories 3,744
Deferred tax assets 1,390
Other current assets 1,182

Total current assets 19,871

Property, plant and equipment, net 17,544
Marketable strategic equity securities 352
Other long-term investments 2,924
Goodwill 3,932
Other long-term assets 6,092

Save your time - order a paper!

Get your paper written from scratch within the tight deadline. Our service is a reliable solution to all your troubles. Place an order on any task and we will take care of it. You won’t have to worry about the quality and deadlines

Order Paper Now

Total assets $ 50,715

Liabilities and stockholders’ equity
Current liabilities:
Short-term debt $ 102
Accounts payable 2,390
Accrued compensation and benefits 2,015
Accrued advertising 807
Deferred income on shipments to distributors 463
Other accrued liabilities 2,041

Total current liabilities 7,818

Long-term income taxes payable 736
Deferred tax liabilities 46
Long-term debit 1,886
Other long-term liabilities 1,141
Commitments and contingencies (Notes 18 and 24)
Stockholders’ equity:
Preferred stock, $0.001 par value, 50 shares authorized; none issued –
Common stock, $0.001 par value, 10,000 shares authorized; 5,562 issued and outstanding(5,818 in 2007) and capital in excess of par value 12,944
Accumulated other comprehensive income (loss) (393 )
Retained earnings 26,537

Total stockholders’ equity 39,088

Total liabilities and stockholders’ equity $ 50,715

Prepare a common size balance sheet at December 27, 2008. (Round your answers to 1 decimal place. Omit the “%” sign in your response.)

Common Size Balance Sheet
December 27, 2008
Total current assets %
Property, plant and equipment, (net)
Marketable strategic equity securities and other long-term investments
Goodwill and other long-term assets, net

Total assets %

Total current liabilities %
Total long-term liabilities (including deferred income tax liabilities)
Total stockholders’ equity

Total liabilities and stockholders’ equity %


Business & Finance homework help