Applying the Accounting Equation and Assessing Financial Statement Linkages The following information is available for Advanced Micro
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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.
AMD's assets increased by $ million and its liabilities increased by $ million.
Intel's assets increased by $ million and its liabilities decreased by $ million.
a Complete the following table.
b Calculate average assets for each company.
Round your answers to the nearest million, if applicable.
c Which company has the larger proportion of its assets financed by the company's owners at year
end?
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