Answer the following questions. a. Intel Corporation had assets equal to $123,249 million and liabilities equal to

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Answer the following questions.

a. Intel Corporation had assets equal to $123,249 million and liabilities equal to $54,230 million for a recent year-end. What was the total equity for Inters business at year end?

b. At the beginning of a recent year. JetBlue Airways Corporation's assets were $9,323 million and its equity was $4,013 million. During the year. assets increased $458 million and liabilities decreased $363 million. What was its equity at the end of the year?

c. At the beginning of a recent year. The Walt Disney Company's liabilities equaled $49,637 million. During the year. assets increased by $2.809 million. and year-end assets equaled $98.598 million. Liabilities decreased $4,944 million during the year. What were its beginning and ending amounts for equity?

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Financial Accounting

ISBN: 9781618533111

6th Edition

Authors: Michelle L. Hanlon, Robert P. Magee, Glenn M. Pfeiffer, Thomas R. Dyckman

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