Journal report 20: Today-I-learn about Accretion/Dilution Analysis (3)

Building a full-scale model Assumptions (purchase price, sources, and uses) IS CF BS adjustments Depreciation schedule Operating working capital schedule BS projection Debt schedule 3. CF CF from operations In the CF from operations, we conservatively lean toward consolidating both the acquirer’s and target’s line items with the understanding that operations are core to the…