tailieunhanh - Ebook Financial accounting (9E): Part 2

(BQ) Part 2 book "Financial accounting" has contents: Stockholders’ equity, the income statement, the statement of comprehensive income, & the statement of stockholders’ equity, financial statement analysis, liabilities, long term investments & the time value of money,.and other contents. | to download more slides, ebooks, and solution manual visit 8 Long-Term Investments & the Time Value of Money SPOT LI G H T: Intel Holds Several Different Types of Investments After college you may start investing through a retirement or savings plan at work, and you may make some investments on your own. The reasons people invest are for current income (interest and dividends) and appreciation of the investment’s value (stocks, bonds, and real estate, for example). Some very wealthy individuals invest in a wide variety of traditional and non-traditional investments in order to obtain significant influence over, or even to control, corporate entities and to maximize their wealth. Businesses such as Intel, General Electric, and Coca-Cola invest for the same reasons. In this chapter you’ll learn how to account for investments of many types. We use Intel Corporation as our example company because Intel has so many interesting investments. You’ll also learn about the time value of money, which is an essential factor in valuing some types of long-term investments, as well as long-term liabilities (covered in Chapter 9). ● © Ro b er tC lare /Ph o to g raphe r ’s Choice /Getty Images, Inc. 463 464 to download more slides, ebooks, and solution manual visit Chapter 8 Intel Corporation Consolidated Balance Sheet (Partial, Adapted) December 25, 2010 (In millions) 2010 1 2 3 4 5 6 7 8 9 10 11 Assets Current assets: Cash and cash equivalents Short-term investments Trading assets Accounts receivable, net of allowance for doubtful accounts of $28 Inventories Other current assets Total current assets Property, plant and equipment, net Marketable strategic equity securities $ 5,498 11,294 5,093 2,867 3,757 3,102 31,611 17,899 1,008 12 13 14 15 Other long-term investments Goodwill Other long-term assets Total assets 3,026 4,531 5,111 $63,186 What comes to mind when you think of Intel? .