The following information is available for Advanced Micro Devices (AMD) for the current year: Assets at beginning of year                        $ ? Assets at end of year                                 $4,556,000,000 Liabilities at beginning of year                    $2,956,000,000 Liabilities at end of year                              $ ? Stockholders’ equity at end of year             $ ? During the year, AMD’s assets increased by $1,004,000,000 and its liabilities increased by $334 million. Calculate AMD’s stockholders’ equity at the end of the year. Do NOT include the dollar sign ($) when you enter your answer.

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) for the current year:

Assets at beginning of year                        $ ?
Assets at end of year                                 $4,556,000,000
Liabilities at beginning of year                    $2,956,000,000
Liabilities at end of year                              $ ?
Stockholders’ equity at end of year             $ ?

During the year, AMD’s assets increased by $1,004,000,000 and its liabilities increased by $334 million.

Calculate AMD’s stockholders’ equity at the end of the year. Do NOT include the dollar sign ($) when you enter your answer.

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