Answer:
Assets = $ 53,000 increased
Explanation:
Given Data;
Increased liability = $91,000
Decreased owner's equity = $38,000
assets = ?
The formula for Assets is given as;
Assets = Liabilities + Owner's Equity
But change in assets = Change in Liabilities + Change in Owner's Equity
from the question, there is increased in liability and decreased in owner's equity.
Therefore,
Change in assets = increase of $91,000 + decreased of $38,000
=$ 53,000 increased
purchasing suppliers <span> is an example of vertical integration</span>
Answer:
b. More likely
Explanation:
Vision Tech's stock is currently being undertraded and investors will see this as an opportunity to take over the company at a cheaper cost ($17 per share) and make a profit at the higher intrinsic value ($27 per share).
Gaining $10 per share on Vision Tech is a very high return on prospective investor's funds. So it is more likely that a hostile takeover bid will be received by Vision Tech.