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Use the Internet to research two (2) publically traded U.S. companies, and download their financial statements. Assume you are the CEO of a major corporation. You are responsible for expanding the corporation through the acquisition of another company. Assume that the acquisition involved $15 million in goodwill.
Write 3 pages of paper:
Question 1. Provide an explanation for the business combination method you selected in expanding the corporation by acquiring another firm, your reason for selecting that business combination method, and how the purchase will grow the business. Identify at least five (5) possible synergies that could occur as a result of the proposed acquisition.
Question 2. Analyze the accounting requirements for the business combination method you selected. Prepare consolidated financial. Use at least three (3) quality academic resources in this assignment.
The specific course learning outcomes associated with this assignment are:
Question Examine the business combination planning and accounting process.
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