Accounting: What the Numbers Mean 9th Edition by Wayne W McManus, Daniel F Viele, David H Marshall

Exercise 30

Prepare a common size balance sheet, 2007 Refer to the consolidated balance sheets on page 688 of the Intel Corporation annual report in the appendix.

Required:

Prepare a common size balance sheet at December 29, 2007, using the following captions:

Total current assets

Property, plant, and equipment (net)

Marketable equity securities and other long-term investments

Goodwill and other long-term assets

Total assets

Total current liabilities

Total long-term liabilities (including deferred tax liabilities)

Total stockholders’ equity

Total liabilities and stockholders’ equity