The following information is available for Advanced Micro Devices (AMD) and Intel for the current...
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Accounting
The following information is available for Advanced Micro Devices (AMD) and Intel for the current year. AMD's assets increased by $1,104 million and its liabilities increased by $367 million. Intel's assets increased by $5,185 million and its liabilities decreased by $913 million. a. Complete the following table. Stockholders' equity Assets Assets Liabilities Liabilities Beg. of year End of year Beg. of year End of year $ millions End of year $5,012 $3,252 $ $ Advanced Micro Devices $ Intel $135,574 $ $ $58,740 $ b. Calculate average assets for each company. Round your answers to the nearest million, if applicable. $ millions Avg. Assets Advanced Micro Devices $ Intel 5 c. Which company has the larger proportion of its assets financed by the company's owners at year-end
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