Applying the Accounting Equation and Assessing Financial Statement Linkages

The following information is available for Advanced Micro Devices (AMD) and Intel for the current year.

AMDs assets increased by $904 million and its liabilities increased by $301 million. Intels assets increased by $4,243 million and its liabilities decreased by $747 million.

a. Complete the following table.

					Stockholders'
	Assets	Assets	Liabilities	Liabilities	equity
$ millions	Beg. of year	End of year	Beg. of year	End of year	End of year
Advanced Micro Devices	Answer	$4,100	$2,660	Answer	Answer
Intel	$110,924	Answer	Answer	$48,060	Answer

b. Calculate average assets for each company.

Round your answers to the nearest million, if applicable.

$ millions	Avg. Assets
Advanced Micro Devices	Answer
Intel	Answer

c. Which company has the larger proportion of its assets financed by the companys owners at year-end? AnswerAdvanced Micro DevicesIntel

Please answer all parts of the question.

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