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5 -ta 2 points Discount Drugs (one of the three largest drug makers) just reported that is Year 2 third quarter profits are essentially the
5 -ta 2 points Discount Drugs (one of the three largest drug makers) just reported that is Year 2 third quarter profits are essentially the same as the Year 1 third quarter profits. In addition to this announcement, the same day, Discount Drugs also announced that the Food and Drug Administration has just approved a new drug to treat high blood pressure that Discount Drug developed. This new drug has been shown to be extremely effective and has few or no side effects. It will also be less expensive than the other drugs currently on the market. Which of the following would you expect to be true on the day of these two announcements? (Select all that apply) The stock price will likely increase The stock price will likely remain unchanged The stock price will likely decrease Discount Drugs' total assets will increase Discount Drugs' total assets will decrease Discount Drugs' total assets will remain unchanged Discount Drugs' total stockholders equity will increase Discount Drugs' total stockholders equity will decrease Discount Drugs' total stockholders equity will remain unchanged
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