Using the annual report, answer the questions under the following sections. Comp
ID: 2493132 • Letter: U
Question
Using the annual report, answer the questions under the following sections. Complete your assignment in a Microsoft Word document. Part of your grade will be based on the structure and organization of your project, therefore clearly identify each section and numbered item to which you are responding. Indicate the page number of the annual report where you found the answer(s) to each question. Additionally, show all relevant calculations in a table(s) in your Word document. Through the eight weeks of this course, Intermediate Accounting II, you should develop responses to the following questions to complete your Portfolio Project in a timely way:
Long-Term Debt
1) What are the maturities on Intel’s Long-term debt?
2) What are Intel’s projected obligations on Long-Term Debt and Payments due by period?
3) What is the par or stated value of Intel’s preference shares?
4) What is the par or stated value of Intel’s ordinary shares?
5) What percentage of Intel’s authorized ordinary shares was issued at Dec 28, 2013?
6) How many ordinary shares were outstanding at Dec 28, 2013, and Dec 29, 2012?
Week 2
Under Intel’s equity-based compensation plan, share options are granted annually to key managers and directors.
1) How many options were granted and exercisable in 2012 and 2013 under the plan?
2) What number of diluted weighted-average shares outstanding was used by Intel in computing
earnings per share for 2012 and 2013? What were Intel’s diluted earnings per share in 2012 and
2013?
3) What other equity-based compensation plans does Intel have?
4) What investments does Intel report in 2013?
5) How does Intel determine fair value?
6) How does Intel use derivative financial instruments?
Week 3
1) What amounts relative to income taxes does Intel report in its:
a. 2013 income statement?
b. 28 Dec 2013 balance sheet?
c. 2013 statement of cash flows?
2) Intel’s provision for income taxes in 2012 and 2013 was computed at what effective tax rates?
3) How much of Intel’s 2013 total provision for income taxes was current tax expense, and how much was deferred tax expense?
4) What did Intel report as the significant components (the details) of its 28 December, 2013, deferred tax assets and liabilities?
Week 4
1) What kind of pension plan does Intel provide its employees?
2) What was Intel’s pension expense for 2012 and 2013?
3) What is the impact of Intel’s pension plans on its 2012 and 2013 consolidated balance sheets?
4) What information does Intel provide on the target allocation of its pension assets? How do the
allocations relate to the expected returns on these assets?
Week 5
1) What types of leases are used by Intel?
2) What amount of operating leases was reported by Intel for various years?
Week 6
1) Were there changes in accounting policies reported by Intel during the two years covered by its income statements (2012–2013)? If so, describe the nature of the change and the year of change.
2) What types of estimates did Intel discuss in 2013?
Week 7
1) Which method of computing net cash provided by operating activities does Intel use? What were the amounts of net cash provided by operating activities for the years 2012 and 2013?
2) What was the most significant item in the cash flows used for investing activities section in 2013?
3) What was the most significant item in the cash flows used for financing activities section in 2013?
4) Where is “deferred income taxes” reported in Intel’s statement of cash flows? Why does it appear in that section of the statement of cash flows?
5) Where is depreciation reported in Intel’s statement of cash flows? Why is depreciation added to net income in the statement of cash flows?
Week 8
1) What specific items does Intel discuss in its Note 2—Summary of Significant Accounting Policies?
(List the headings only.)
2) For what segments did Intel report segmented information? Which segment is the largest? Who is Intel’s largest customer?
http://files.shareholder.com/downloads/INTC/3501642278x0xS50863-14-20/50863/filing.pdf
https://www.sec.gov/Archives/edgar/data/34088/000003408814000012/xom10k2013.htm
Explanation / Answer
Long-Term Debt
Answer:1)As per the, aggregate debt maturities based on outstanding principal as of December 28,2013, following tables presents about thedebt maturities with periodicity.
Details were extracted From Page No. 83 of Intel’s Form 10-K under the Debt Securities.
Answer:2) Following are the projected obligations on Long-Term Debt and Payments due by periodand these details were extracted from Page No: 81 of Form 10-K, Note 16: Borrowings Underthe Sub-Category Long-Term Debt
Answer:3) The par value of Intel’s preferences shares is $0.001 as presented in the ConsolidatedBalance Sheet of the company in Page No. 52 of the Form 10-K.
Answer:4) The par value of Intel’s ordinary shares is $0.001 as presented in the Consolidated BalanceSheet of the company in Page No. 52 of the Form 10-K.
Answer:5) Total number of authorized ordinary shares as at Dec 28, 2013= 10,000
Total number of ordinary shares was issued at Dec 28, 2013= 4,967
% of Intel’s authorized ordinary shares was issued at Dec 28, 2013 = 49.67% (4,967 /10,000) *100
Details were extracted from the Consolidated Balance Sheet of the company mentioned in PageNo. 52 of the Form 10-K.
Answer:6) 2013, and Dec 29, 2012 respectively.Details were as presented in the Consolidated BalanceSheet of the company in Page No. 52 of the Form 10-K.
Year Debt maturities (in millions) 2014 2015 2016 1500 2017 3000 2018 2019 and thereafter 10275 Total 14775Related Questions
drjack9650@gmail.com
Navigate
Integrity-first tutoring: explanations and feedback only — we do not complete graded work. Learn more.