Compute, Disaggregate, and Interpret ROE Selected fiscal year balance sheet and income statement information for the computer chip maker, Intel Corporation, follows ($ millions)

Balance sheet information ($ millions)	2014	2013	2012
Total assets	$91,956	$92,358	$84,351
Total shareholders' equity	55,865	58,256	51,203
Income statement information ($ millions)	2014	2013	2012
Sales revenue	$55,870	$52,708	$53,341
Interest expense	192	244	90
Net income	11,704	9,620	11,005

a. Calculate Intels return on equity (ROE) for fiscal years 2014 and 2013. Round answers to one decimal place (i.e., 0.2568 = 25.7%). Do not round until your final answer.

2014	Answer
2013	Answer

b. Calculate Intels return on assets (ROA) and return on financial leverage (ROFL) for each year. Round answers to one decimal place (i.e., 0.2568 = 25.7%). Do not round until your final answer.

	ROA	ROFL
2014	Answer	Answer
2013	Answer	Answer

c. Use the DuPont formulation in the Business Insight on page 230 to analyze the variations in Intels ROE over this period. Calculate net profit margin, asset turnover, and financial leverage. Do not round until your final answer. Round answers to one decimal place (i.e., 0.2568 = 25.7%).

	NPM	AT	FL
2014	Answer	Answer	Answer
2013	Answer	Answer	Answer