• Beta Bakeries, a family-owned bakery renowned for its artisanal bread and pastries, acquired a small local coffee shop to expand its operations. The acquisition involved a combination of cash payment and issuance of Beta Bakeries' shares. Analyze the application of the economic entity principle in the consolidation of financial statements post-acquisition, addressing considerations such as intercompany transactions, goodwill impairment, and minority interests, and elucidate the implications for stakeholders and regulatory compliance.