E8.9. Calculating Comprehensive Income to Shareholders: Intel Corporation (Medium) The following is adapted from the statement of
Question:
E8.9. Calculating Comprehensive Income to Shareholders:
Intel Corporation (Medium)
The following is adapted from the statement of shareholders' equity for IntelCorporation for2000(in millions of dollars). Intelfaces a 38percenttax rate.
Balance, December 25, 1999 Net income Unrealized loss on available-for-sale securities Issuance of shares through employee stock plans, net of tax benefit of $887 million Conversion of subordinated notes to common stock (market value of stock was $350 million) Repurchase of common stock Cash dividends 32,535 10,535 (3,596) 1,684 207 (3,877) (470) 278 37,296 Issuance of shares for acquisitions Calculate comprehensive income to Intel's shareholders for 2000, being sure to include any hidden dirty-surplus expenses
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Financial Statement Analysis And Security Valuation
ISBN: 9780071267809
4th International Edition
Authors: Penman-Stephen-H, Steven Penman