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  3. (i) required information [the following infomati

(I) Required Information [The following infomation applles to the questions displayed below.] ...

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Accounting

(I)
Required Information
[The following infomation applles to the questions displayed below.]
Advanced Micro Devices, Incorporated (AMD) is a global semiconductor company with facilities around the world. AMD began operations in 1969. Texas instruments, Incorporated is the company that invented the integrated circuit over 45 years ago. It has more than 100,000 customers in over 30 countries. The following data were taken from the companles? 2017 annual reports. Dollar amounts are in millions.
\table[[,\table[[Advanced Micro],[Devices]],\table[[Texas],[Instruments]]],[current assets,412,622,48,7,4],[current liabilities,1,486,2,256],[Total assets,3,540,17,642],[Total liabilities,2,929,7,305]]
Required:
Based on the ratios computed in Requirements a and b, which company had the better llquidity in 2017?
Which company had the better liquidity in 2017?
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