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.
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.
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Question
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 $ ?
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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