Company: Intel Corporation
 Data for the year ended December 31, 2023:

Item	Amount
Revenue	$80,000,000,000
Cost of Goods Sold	$40,000,000,000
Operating Expenses	$20,000,000,000
Income Tax Expense	$10,000,000,000
Net Income	$15,000,000,000
Total Assets	$120,000,000,000
Total Liabilities	$60,000,000,000
Shareholders' Equity	$60,000,000,000

Requirements:

1. Calculate Intel's gross profit margin.
2. Determine Intel's operating profit margin.
3. Analyze the impact of income tax expense on Intel's net income.
4. Evaluate how Intel recognizes revenue from semiconductor sales.
5. Explain the significance of the Income Measurement Objective in Intel's financial strategy.
6. Discuss Intel's debt-to-equity ratio and liquidity position.
7. Analyze the impact of Intel's financial performance on its research and development efforts.