Article and excel file can be accessed here:

https://drive.google.com/open?id=0B4xVCQtSctl3Y1V0YzJaRS14bXc

Using information from "Are You Paying Too Much for That Acquisition?" address the following with a minimum of 500 words. List and describe the components used to calculate synergy value.

Critically evaluate which component is most underestimated. Explain your answer.

Using the attached spreadsheet "Excel-Based M&A Valuation and Structuring Model," open the worksheet labeled BP APP B2 and study the Net Sales Growth Rate for 2002-2005. Next, open the worksheet labeled BP APP B1 and study the 2006-2010 Net Sales Growth Forecasts. Lastly, reference "Are You Paying Too Much for That Acquisition?" to identify the basis or rationale for justifying the 2006-2010 forecasts.