$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

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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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 Answer $3,645 $2,365 Answer Answer
Intel $98,599 Answer Answer $42,720 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 company’s owners at year-end?

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