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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
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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