1. Given the balance sheet and income statement from Intel shown on Table P2.5, determine the following. a. Sales for 2013 b. Working capital for 2013. c. Average inventory balance over the two years. TABLE P2.5 Financial Statements for Intel Co. Dec 29, 2012 S8,478,000 total debt total assets sales total assets EBIT interest expense receivables avg. sales per day BALANCE SHEET Period Ending Dec 28, 2013 Cash And Cash Equivalents $ 5,674,000 Short Term Investments 14,413,000 Net Receivables 6,176,000 Inventory 4.172.000 Other Current Assets 1.649,000 Total Current Awets $ 32,084,000 Long Term Investments 7.694.000 Property Plant and Equipment 31,428,000 Goodwill 10,513,000 Intangible Assets 5.150,000 Other Assets 5,489,000 Total Assets $ 92,358,000 Accounts Payable 11,191,000 ShortCurrent Long Term Debt 281,000 Other Current Liabilities 2.046,000 Total Current Liabilities $ 13,568,000 Long Term Debe 13,165,000 Other Liabilities 2,972,000 Deferred Long Term Liability Charges 4,397,00 Total Liabilities $34.102,000 Comme Stock 21.5M Retained Earnings 35.477,000 Other Stockholder Equity Total Stockholder Equity $5,256,000 Total Liabilities and Stockholders' Equity $92,358,000 TABLE P2.5 Financial Statements for Intel Ca. BALANCE SHEET Perlod Ending Dec 28, 2013 Income Statement Total Revenue $170,910,000 Cost of Revenue 106,606,000 Grow Profit $ 64,204.000 Research Development 4,475,000 Selling General and Administrative 10,830,000 Operating Income or Loss $ 48,999,000 5.950,000 4.734.000 2.512.000 $31.350.000 4.917.000 27.983.000 9,710,000 6.235,000 4.148.000 $ 84,351,000 10654.000 312.000 1.932.000 $ 12,898,000 13.136.000 3.702.000 3.412.000 $33.140,000 19,464,000 32.138,000 (399,000) $ 51.000.000 $84.351.000 current assets - inventories current liabilities sales avg, inventory balance current assets current liabilities Dec 29, 2012 revenue - expenses current assets - current liabilities $156,508,000 87.846,00 $ 68,662,000 3,381.000 10.040,000 $ 55,241,000 liabilities + owners' equity net income to common stockholders sales net income to common stockholders avg, common equity net income + interest expense(1 - tax rate) avg. total assets net income to common stockholders avg. stockholders'equity