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  • Aug 8, 2012, 08:48 PM
    stillreal
    accounting
    INTEL CORPORATION
    CONSOLIDATED BALANCE SHEET
    December 27, 2008
    (In Millions, Except Par Value)
    Assets
    Current assets:
    Cash and cash equivalents $ 3,350
    Short-term investments 5,331
    Trading assets 3,162
    Accounts receivable, net of allowance for doubtful accounts of $17 ($27 in 2008) 1,712
    Inventories 3,744
    Deferred tax assets 1,390
    Other current assets 1,182

    Total current assets 19,871

    Property, plant and equipment, net 17,544
    Marketable strategic equity securities 352
    Other long-term investments 2,924
    Goodwill 3,932
    Other long-term assets 6,092

    Total assets $ 50,715

    Liabilities and stockholders' equity
    Current liabilities:
    Short-term debt $ 102
    Accounts payable 2,390
    Accrued compensation and benefits 2,015
    Accrued advertising 807
    Deferred income on shipments to distributors 463
    Other accrued liabilities 2,041

    Total current liabilities 7,818

    Long-term income taxes payable 736
    Deferred tax liabilities 46
    Long-term debit 1,886
    Other long-term liabilities 1,141
    Commitments and contingencies (Notes 18 and 24)
    Stockholders' equity:
    Preferred stock, $0.001 par value, 50 shares authorized; none issued -
    Common stock, $0.001 par value, 10,000 shares authorized; 5,562 issued and outstanding(5,818 in 2007) and capital in excess of par value 12,944
    Accumulated other comprehensive income (loss) (393 )
    Retained earnings 26,537

    Total stockholders' equity 39,088

    Total liabilities and stockholders' equity $ 50,715


    Required:
    Prepare a common size balance sheet at December 27, 2008. (Round your answers to 1 decimal place. Omit the "%" sign in your response.)

    INTEL CORPORATION
    Common Size Balance Sheet
    December 27, 2008
    Total current assets %
    Property, plant and equipment, (net)
    Marketable strategic equity securities and other long-term investments
    Goodwill and other long-term assets, net

    Total assets %

    Total current liabilities %
    Total long-term liabilities (including deferred income tax liabilities)
    Total stockholders' equity

    Total liabilities and stockholders' equity %

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