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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.

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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 $803 million and its liabilities increased by $267 million. Intel's assets increased by $3,771 million and its liabilities decreased by $664 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 $ 2,842 $3,645 $2,365 $ 2632 $ 1013 Intel $98,599 $ 102370 $ 43384 $42,720 $ 59650 b. Calculate average assets for each company. Round your answers to the nearest million, if applicable. $ millions Avg. Assets Advanced Micro Devices $ Intel $ C. Which company has the larger proportion of its assets financed by the company's owners at year-end? Intel Save Answers

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