Portfolio Project;Intel Inc.;Refer to the Intel Inc. 2012 financial statements and the accompanying notes to answer the;following questions. The 2012 financial statements of Intel can be accessed at;http://www.sec.gov/Archives/edgar/data/50863/000119312513065416/d424446d10k.htm;Module 5;1) What types of leases are used by Intel?;2) What amount of operating leases was reported by Intel for various years?;Module 6;1) Were there changes in accounting policies reported by Intel during the two years covered by its income statements (2011?2012)? If so, describe the nature of the change and the year of change.;2) What types of estimates did Intel discuss in 2012?;Module 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 2011 and 2012?;2) What was the most significant item in the cash flows used for investing activities section in 2012?;3) What was the most significant item in the cash flows used for financing activities section in 2012?;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?;Module 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?
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