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koban [17]
2 years ago
7

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 Intel's business at year-end?
Business
1 answer:
Ghella [55]2 years ago
8 0

Answer:

total Equity at end of the year  = $69019 million

Explanation:

given data

assets = $123,249 million

liabilities = $54,230 million

to find out

total equity

solution

we get here total Equity at end of the year that is express as

total Equity at end of the year  = Asset - Liabilities   .................1

put here value we get

total Equity at end of the year  = $123,249 million  - $54,230 million

total Equity at end of the year  = $69019 million

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