review the Intel Annual Report 2013 (Links to an external site.). You will use the annual report to complete the steps listed below.

Part 1: Calculate Ratios

Using the Intel Annual Report, calculate the following financial ratios for all years presented:

• Liquidity Ratios (Current and Quick): measures ability to meet cash needs.
• Leverage Ratios (Debt to Equity, Debt Ratio): measures extent of financing with debt relative to equity and the ability to cover interest and other fixed charges.
• Profitability Ratios (Gross Profit Margin, Net Profit Margin): measures overall performance of organization and efficiency in measuring assets, liabilities and equity.

December 2013. december 200 5,674 5 5,972 8.441 3.502 4072 2,504 1649 32,084 317426 6,221 1.473 10,513 5,150 3.485 Assets Current assets Cash and cash equivalent Short-term investments Trading assets Acounts receivablet of allowance for doubtful accounts of $38 (538 in 2012) Invertones Deferred taxassat Other current Total current assets Property, plant and equipment, nat Marketable equity securities Other long-term investments Goodwill Identified intangible asets, net Other long-term assets Total Liabilities and stockholders' equity Currentes Shoard Accounts payable Acord compensation and benefits con ng Daled income Omar wordt Total curs Long-term Long-term deferred tax tables Other long-term Come and contingencies 18 and 20) Scho Pred 1000 per one Com 10.000 rsd 467 and data 2012) Capitains of par AL a 478 3,999 5.685 31833 4.734 2,117 2.512 31,358 27.383 4,424 493 9.710 6,235 4 14 14.381 1 Cash and cash equivalents, beginning Cash flows provided by used for operati Net income Adjustments to reconcile net income to ne activ Depreciation Share-based compensation Restructuring and asset impairment chan Es tax benefit from share-based (Gan fosses on equity Investment Ganasses on divendres Deferred as Changes in and be Accounts recente eventos Accounts payable Acord compensation and benefits Income taxes pale and receivable Omers and be Talanta Net cash provided by operating activities Cashows provided by aed for investigad A to properly plant and aiment Acqui nefer Purch of beforensen Sales of investments Mesovalable for sale Forg Mbading Colection of one receivable Ogronomie mamarbetet Proprad both of Mango LLP Machines LLC Rolety who is Purchased the Procedemens Omering Nutcash used for invest Cashows provided by franang Increase short Porn yang sance alonge Web Pracha Pooh Onung shed for angemes stof enhangen en and Net der Cash and the end of year Womens 3 2015 2.400 3,123 1021 2,095 4028 13,500 13.165 4.257 2,172 312 3.023 2.992 1,013 1932 3,644 1293 13.130 1.412 2,70 64 10 2.1 31705 Tochodu Tutales and starily 2013 2012 $ 5.674 5 5.972 8.441 3,582 4,172 2.594 1,649 32,084 31,428 8,221 December 28, 2013, and December 28, 2012 Malons Except Par Value) Assets Current assets: Cash and cash equivalents Short-term investments Trading assets Accounts receivable, net of allowance for doubtful accounts of $38 (538 in 2012) Inventories Deferred tax assets Other current assets Total current assets Property, plant and equipment, net Marketable equity securities Other long-term investments Goodwill Identified intangible assets, net Other long-term assets Total assets Liabilities and stockholders' equity Current liabilities: Short-term debt Accounts payable Accrued compensation and benefits Accrued advertising Deferred income Other aconued liabilities Total current liabilities Long-term debt Long-term deferred tax liabilities Other long-term liabilities Commitments and contingencies (Notes 18 and 26) 8.478 3.999 5,685 3,833 4.734 2.117 2 512 31,358 27 983 4424 493 9,710 6,235 10,513 5.150 5489 92,358 5 84,351 $ 281 s 2,909 3. 123 1.021 2.096 4078 13,568 13,165 4397 2.972 312 3,023 2.972 1,015 1,932 3,644 12,898 13,136 3.412 3,702 4,172 2,594 1,649 32,084 31,428 6,221 1,473 10,513 5,150 5,489 92,358 5 4,734 2.117 2,512 31,358 27,983 4,424 493 9,710 6,235 4,148 Deferred tax assets Other current assets Total current assets Property, plant and equipment, net Marketable equity securities Other long-term investments Goodwill Identified intangible assets, net Other long-term assets Total assets Liabilities and stockholders' equity Current liabilities: Short-term debt Accounts payable Accrued compensation and benefits Accrued advertising Deferred income Other accrued liabilities Total current liabilities Long-term debt Long-term deferred tax liabilities Other long-term liabilities Commitments and contingencies (Notes 18 and 26) Stockholders' equity Preferred stock, S0001 par value, 50 shares authorized: none issued Common stock, 80.001 par value, 10,000 shares authorized: 4,967 issued and outstanding (4.944 issued and outstanding in 2012) and capital in excess of par value Accumulated other comprehensive income (loss) Retained earings Total stockholders' equity Total liabilities and stockholders' equity 281 $ 2,989 3, 123 1,021 2,096 4,078 13,569 13,165 4.397 2.972 312 3,023 2.972 1,015 1932 3.844 12,898 13,136 3.412 3.702 - 21. 508 1464 351 CONSOLIDATED STATEMENTS OF INCOME $ 2012 53,341 $ 20,190 33,161 10.148 8,057 2011 53,999 20,242 33,767 8.350 7,670 Three Years Ended December 28, 2013 (in Millions, Except Per Share Amounts Net revenue Cost of sales Gross margin Research and development Marketing, general and administrative Restructuring and asset impairment charges Amortization of acquisition-related intangibles Operating expenses Operating income Gains (osses) on equity investments, net Interest and other, net Income before taxes Provision for taxes Net Income Basic earnings per common share Diluted earnings per common share Weighted average common shares outstanding Basic Diluted See accompanying notes 2013 52,708 3 21.187 31,521 10,611 8,088 240 291 19,230 12,291 471 (151) 12,611 2.991 9,620 3 1.94 $ 308 18,513 14,638 141 94 14,873 3,868 11,005 $ 2.20 2,133 260 16,280 17,477 112 192 17,781 4,839 12,942 2.46 $ $ 3 4,970 3097 5.256 4,996 6,160 5,411