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Intel Corporation's Financial Data for 2023: Income Statement Data: Revenue: $77,867,000 Cost of Goods Sold: $37,482,000 Research and Development: $15,000,000 Sales and Marketing: $6,755,000 General
Intel Corporation's Financial Data for 2023:
Income Statement Data:
- Revenue: $77,867,000
- Cost of Goods Sold: $37,482,000
- Research and Development: $15,000,000
- Sales and Marketing: $6,755,000
- General and Administrative: $4,365,000
- Interest Expense: $1,300,000
- Tax Rate: 22%
Requirements:
- Create the Income Statement for Intel Corporation for 2023.
- Calculate the Gross Profit.
- Determine the Operating Income.
- Compute the Net Income after taxes.
- Analyze Intel's profit margin ratio.
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