You work at Regal Bank Inc. as a financial analyst, and your bank is considering participating in an INTEL $1 billion syndicated loan. Your manager has asked for a thorough analysis of the firm that includes at least the items noted below: 3. Financing of Assets

• What is your assessment of the manner in which INTEL is financing its assets? What is the relationship between the total debt ratio and times interest earned as these relate to INTEL? The notes in the 10-K describe the principal types of debt taken by Intel. Evaluate the types of debt taken by Intel and comment on the relative terms of these types of debt.

4. Asset Management / Utilization Analysis

• What is your assessment of the manner in which INTEL is managing its assets? Pay attention to both trends and its performance relative to its top competitors (AMD, NVIDIA and TSM)