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6. Assume the following is the balance sheet for Intel Corporation. 2016 2015 Balance Sheet At December 31 ($ millions) Assets Cash and cash equivalents

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6. Assume the following is the balance sheet for Intel Corporation. 2016 2015 Balance Sheet At December 31 ($ millions) Assets Cash and cash equivalents Short-term investments Accounts receivable, net Inventories Deferred tax assets Other current assets Total current assets Property, plant and equipment, net Marketable equity securities Other long-term investments Goodwill Deferred taxes and other assets Total assets Liabilities and Stockholders' equity Current portion of long-term debt Accounts payable Accrued compensation Accrued advertising Deferred income on shipments to distributors Other accrued liabilities Income taxes payable Total current liabilities Long-term debt Deferred tax liabilities Other long-term liabilities Stockholders' equity Preferred stock $7,324 5,448 3,914 3,126 1,149 233 $21,194 17,111 537 4,135 3,873 1,464 $48.314 $ 8,407 8,765 2,999 2,621 979 287 $24,058 15,768 656 2,563 3,719 1,379 $48.143 $ 313 2,249 2,110 1,160 201 1,943 1,858 894 632 592 810 1.960 9,234 2,106 1,355 1,163 8,006 703 Common stock Accumulated other comprehensive income Retained earnings Stockholders' equity Total liabilities and stockholders' equity 6,245 127 29.810 36.182 $48.314 6,143 148 32,288 38.579 $48.143 Compute Intel's net nonoperating assets (NNO) for year-end 2016. a. $ (7,701) million b. $ 3,879 million c. $ 19,863 million d. $(15,025) million

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