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The following information is available for Advanced Micro Devices ( AMD ) and Intel for a recent fiscal year. AMD s assets increased by $
The following information is available for Advanced Micro Devices AMD and Intel for a recent fiscal year.
AMDs assets increased by $ million and its liabilities increased by $ million.
Intels assets increased by $ million and its liabilities decreased by $ million.
a Complete the following table.
Assets, beginning Assets, end Liabilities, Liabilities, Stockholders Equity,
in $ millions of year of year beginning of year end of year end of year
AMD $ $
Intel $ $
b Calculate average assets for each company. Round to nearest whole dollar.
in $ millions Average Assets
AMD
Intel
c Which company has the larger proportion of its assets financed by the companys owners at yearend? Answer
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