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InnovaTech Enterprises is a leading tech conglomerate considering a merger with Solara Solutions, a renewable energy startup. InnovaTech's financial team seeks to analyze the potential

InnovaTech Enterprises is a leading tech conglomerate considering a merger with Solara Solutions, a renewable energy startup. InnovaTech's financial team seeks to analyze the potential impact of the merger on their balance sheet. Solara Solutions provides the following details:

  • Total Assets: $300 million
  • Total Liabilities: $150 million

Meanwhile, InnovaTech Enterprises reports the following financials:

  • Total Assets: $600 million
  • Total Liabilities: $200 million

Utilizing this data, determine the combined total assets and total liabilities post-merger for InnovaTech Enterprises and Solara Solutions.

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