The 2013 Intel Form 10-K can be found at the following Web site: www.pearsonhigh
ID: 2743867 • Letter: T
Question
The 2013 Intel Form 10-K can be found at the following Web site: www.pearsonhighered.com/fraser. Using the Form 10-K, answer the following questions:
Prepare a common-size balance sheet for Intel for all years presented.
Describe the types of assets Intel owns. Which assets are the most significant to the company? Using the notes to the financial statements, discuss the accounting methods used to value assets. What other information can be learned about the asset accounts from the notes? Have there been significant changes to the asset structure from 2012 to 2013?
Analyze the accounts receivable and allowance for doubtful accounts.
Describe the types of liabilities Intel has incurred. Which liabilities are the most significant to the company? Have there been significant changes to the liability and equity structure from 2012 to 2013?
Describe the commitments and contingencies of Intel.
Under which classification(s) are deferred taxes listed? What item is the most significant component of deferred taxes?
What equity accounts are included on the balance sheet of Intel
Explanation / Answer
Fixed assets, current assets, goodwill are some of its assets. fixedassets may be technology related as the company is in technology sector.
Goodwill and fixed assets are significant portion of their assets.
Book value or market value method is applied but lower of the two is taken based on convention of conservatism. Fixed assets and Goodwill is amortized on year on year basis using straight line method or written down value method and MARCS method is followed for tech related assets.
Company has raised significant assets this may be due to sale or incremental savings generated in cash flow's or it could be for the raised loan or equity.
Increase in fixed assets, investment and long-term invesment has also shown an increase.
Use this link for better understanding:
http://www.nasdaq.com/symbol/intc/financials?query=balance-sheet
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