Question

Founded in 1968, Intel Corp. is a world leader in the design and manufacturing of integrated circuits for a wide variety of compute, storage, and networking applications. For the fiscal year 2021 Intel (symbol INTC) reported a Net Income of $19,868M.

What amount did the company report for Net Cash Provided by Operations?
a.$29,991M
b.$19,868M

Answer 1

The amount of Net Cash Provided by Operations for Intel Corp. in 2021 cannot be determined from the provided information; access to official financial statements is necessary.

Step-by-step explanation:

The student has inquired about the financial performance of Intel Corp., specifically related to its Net Cash Provided by Operations for the fiscal year 2021. While the question mentions the company's reported Net Income of $19,868M, it does not provide enough information to definitively state the Net Cash Provided by Operations.

Generally, Net Income and Net Cash Provided by Operations are reported separately within a company's financial statements - with the latter being found on the cash flow statement.

Without access to Intel Corp.'s financial statements or supplementary financial data for 2021, we cannot provide a verified answer to this question. To find the accurate amount for Intel's Net Cash Provided by Operations, one would need to refer to the company's official 2021 financial statements.