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	$99,381	$99,783	$91,776
Total shareholders' equity	59,134	61,525	54,472
Income statement information ($ millions)	2014	2013	2012
Sales revenue	$59,139	$55,977	$56,610
Interest expense	214	266	112
Net income	12,259	10,175	11,560

a. Calculate Intel's 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 Intel's 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 Intel's 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