Excerpts from the 2008 financial report of Inter, a computer-processor manufacturer, are as follows (dollars in millions).
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Excerpts from the 2008 financial report of Inter, a computer-processor manufacturer, are as follows (dollars in millions).
Review this information, calculate relevant ratios from figure, and explain why Intel appears to be a good or poor investment. The tax rate was 31 percent.
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2008 2007 2006 Balance Sheet S19,871 Current assets Long-term assets Current liabilities Long-term debt Shareholders' equity S23,885 SI8,280 30,088 8,514 3,102 36,752 30,844 31.766 7,818 3,809 39,088 8.571 4.318 42.762 2008 2007 2006 Income Statement S35,382 5,044 24 Sales S37,586 5,292 538.334 Net income 6,976 Interest expense 15
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