To explain: The changes in the long-term obligations that have taken place due to the relative changes in stockholders’ equity and total assets, and whether is it good or bad for the company.
Introduction:
Intel Corporation:
Intel is a technology-based multinational American company founded on July 18, 1968 by Robert Noyce and Gordon Moore. It supplies and markets various types of processors for computer manufacturers such as Lenovo, Apple, HP, etc. It also manufactures motherboard chipsets, graphic chips and flash memory devices.
Long-Term Debt:
It refers to the amount of outstanding debt with a maturity period of 12 months or longer, which is classified as a non-current liability in the balance sheet of a company.
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