Use the following consolidated balance sheet for Intel Corporation annual report
ID: 2374545 • Letter: U
Question
Use the following consolidated balance sheet for Intel Corporation annual report.
Prepare a common size balance sheet at December 29, 2008. (Round your answers to 1 decimal place. Omit the "%" sign in your response.)
INTEL CORPORATIONCONSOLIDATED BALANCE SHEET
December 29, 2008
(In Millions, Except Par Value) Assets Current assets: Cash and cash equivalents $ 8,030 Short-term investments 5,518 Trading assets 2,695 Accounts receivable, net of allowance for doubtful accounts of $17 ($27 in 2008) 2,923 Inventories 2,493 Deferred tax assets 932 Other current assets 292 Total current assets 22,883 Property, plant and equipment, (net) 16,170 Marketable strategic equity securities 566 Other long-term investments 1,872 Goodwill 3,766 Other long-term assets 2,303 Total assets $ 47,560 Liabilities and stockholders' equity Current liabilities: Short-term debt $ 234 Accounts payable 1,679 Accrued compensation and benefits 1,510 Accrued advertising 764 Deferred income on shipments to distributors 623 Other accrued liabilities 1,331 Total current liabilities 6,141 Long-term income taxes payable 785 Deferred tax liabilities 89 Long-term debit 910 Other long-term liabilities 1,450 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 2008) and capital in excess of par value 6,762 Accumulated other comprehensive income (loss) 99 Retained earnings 31,324 Total stockholders' equity 38,185 Total liabilities and stockholders' equity $ 47,560
Explanation / Answer
total cuerrent asset=22883
property plant and equipment=16170
Marketable strategic equity securities and other long-term investments=566+1872=2438
Goodwill and other long-term assets, net=3766+2303=6069
total asset=47560
Total current liabilities=6141
Total long-term liabilities (including deferred income tax liabilities)=3234
Total stockholders' equity=38185
Total liabilities and stockholders' equity=47560
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