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Disclosures in a Financial Statement

I need help with this practice assignment.

Select a California publicly held company to use as the basis for this. Use the Internet to acquire a copy of your selected company's most recent financial statements. Prepare a response in which you analyze the disclosures contained within the notes to the financial statements related to cash and cash equivalents, receivables, and inventories. Include a list identifying the components of the organization's cash and cash equivalents.

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Select a California publicly held company to use as the basis for this. Use the Internet to acquire a copy of your selected company's most recent financial statements. Prepare a response in which you analyze the disclosures contained within the notes to the financial statements related to cash and cash equivalents, receivables, and inventories. Include a list identifying the components of the organization's cash and cash equivalents

The California Based Company Selected is Intel Corporation.
In the assets, cash and cash equivalents quoted prices in active markets for identical instruments is valued at $731 million and significant other observable inputs have been measured at $3,182 million. There are no significant unobservable Inputs giving a Total Balance of $3, 913 million(Edgar Online2008),. These are Fair Value Measurements at Reporting Date. In general cash and cash equivalents are the most liquid assets that the corporation has in its balance sheet. Usually, cash equivalents are assets that are readily convertible into cash such as money market holdings, short-term government bonds or Treasury bills, marketable securities and commercial paper. The cash and cash equivalents in the Intel Corporation Consolidated Balance sheet in millions of dollar is 4,079 for the quarter ended June 28, 2008, accounts receivable are $2,399 ...

Solution Summary

This solution gives you a discussion on the financial statement disclosures.

$2.19