Intel Corporation Income Statement For the Year Ended December 31, Year 2

• Sales revenue: $550,400
• Cost of goods sold: $350,300
• Gross profit: $200,100
• Operating expenses: $95,400
• R&D expenses: $(20,400)
• Depreciation expense: $25,000
• Operating income: $60,000
• Nonoperating income: $15,400
• Loss on sale of machinery: $(12,400)
• Net income: $63,000

Balance Sheet As of December 31, Year 2

• Assets:
  • Cash: $55,400
  • Accounts receivable: $110,800
  • Merchandise inventory: $100,300
  • Equipment less accumulated depreciation: $150,400
  • Nonoperating assets: $183,500
  • Total assets: $550,400
• Liabilities:
  • Accounts payable: $45,400
  • Notes payable: $60,300
  • Stockholders’ equity:
    • Common stock: $300,000
    • Retained earnings: $144,700
    • Total liabilities and stockholders’ equity: $550,400

Required:

1. Calculate the ROI for Intel Corporation.
2. Compute the gross profit margin.
3. Determine the current ratio.
4. Evaluate the debt-to-equity ratio.
5. Calculate the operating margin.