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Required Information [The following information applles to the questions displayed below:] Advanced...

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Accounting

Required Information
[The following information applles to the questions displayed below:]
Advanced Micro Devices, Incorporated (AMD) is "a global semiconductor company with facilitles 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 Micno],[Gevices]],\table[[Texas],[Instruments]]],[Cunnent assets,52,622,36,731],[Current liabilities,1,486,2,256],[Total assets,3,540,17,642],[Total liabilities,2,929,7,305]]
Required:
Compute the debt-to-assets ratio for each company.
\table[[,AMD,\table[[Texas],[Instruments]]],[Debt-to-asset ratio,,]]
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