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2) The table summarizes the financial conditions for Intel Corporation (INTC), a manufacturer of various computer- processing chips for fiscal year 2013. Compute the various

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2) The table summarizes the financial conditions for Intel Corporation (INTC), a manufacturer of various computer- processing chips for fiscal year 2013. Compute the various financial ratios and interpret the firm's financial health during fiscal year 2013. The closing stock price was $25.50 on December 31, 2013 and the average number of outstanding shares was 4.98 billion. (a) Debt ratio (b) Times-interest-earned ratio (c) Current ratio (d) Quick (acid-test) ratio (e) Inventory-turnover ratio (f) Days-sales-outstanding (g) Total-assets-turnover ratio (h) Profit margin on sales (i) Return on total assets (with a tax rate of 40%) (j) Return on common equity (k) Price/earnings ratio (1) Book value per share TABLE P2.5 Financial Statements for Ind ca BALANCE SHEET Hrid Ending Dec 23, 2013 Cash And Cash Equivalent 55.674.000 Short Term Investments 14.413.000 Not Receivables 6.17,000 Levery 4.172.000 Other Current Assets 1.648.000 Total Current Assets $32,054000 Long Term levestments 7.694000 Property Plant and Equipment 31.420.000 Goodwill 10.512.000 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 2,096.000 Total Current Liabilities $13.568,000 Long Term Date 13.165.000 Other Libilities 2.972.000 Deferred Long Term Libility Charges 4.397.000 Total Labilities $34.102,000 Common Stock 21.536.000 Retained Eamings 35,477.000 Other Stockholder Equity 1.243.000 Total Stackholder Equity $56.256.000 Total Liabilities and Stockholders' Equity 592.355.000 Income Statement Total Revenue $17.910.000 Cost of Rece 106.606.000 Gross Pro $6304.000 Research Dendapat 4.475.000 Seling General and Administrative 10.830.000 Operating Income or Less $8.999.00 Dec 29, 2012 $8.475.000 9.684,000 5.950,000 4.734,00 2.512.000 $31,358,000 4917,000 27983,000 9,710,000 6.235.000 4.148.000 $84,351,000 10.654,000 312,000 932.000 $12.998,000 13.136.000 3.702.000 3412.000 $33.148.000 19.464.000 32,138,000 (399.000) $51,223,000 1.000 $156.50.000 87.546.000 $63,662,000 3.331.000 10.000.000 $55,241,000

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