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horrorfan
1 month 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:
stepan [3.5K]1 month ago
8 0
At year-end, the total equity amounts to $69,019 million. This conclusion arises from the data provided: total assets stand at $123,249 million while liabilities amount to $54,230 million. To determine total equity, we apply the formula: total equity = assets - liabilities. Thus, $123,249 million - $54,230 million yields a total equity of $69,019 million.
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