e) Calculate Debt/EBITDA for the past three years using your EBITDA calculation from item(d)

and short term + long term DEBT from the Balance Sheet. Intel reports the current portion

of long-term debt as short-term debt. Does Intel have low leverage risk (under 3x)? How

does Intel compare to the average risk of investment grade corporations of 2.25x? How has

the leverage ratio changed over the three-year period?