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Cash Flow Statements (A): Financial Due Diligence for a Strategic Acquisition You are Charlie Cashflow, a new accounting hire at a prominent firm in Detroit,
Cash Flow Statements (A): Financial Due Diligence for a Strategic Acquisition You are Charlie Cashflow, a new accounting hire at a prominent firm in Detroit, Michigan. Upon your arrival at your desk this morning, you find the following e-mail in your inbox: From: Redmond, Richard To: Cashflow, Charlie Subject: Urgent Acquisition Recommendation Attachments: Company A.pdf, Company B.pdf, Company C.pdf, Company D.pdf Dear Charlie, I need your assistance with an urgent project: We at Detroit Financial Group are considering an acquisition that is vital to our competitive strategy. Our Acquisition Committee has been working on this decision for months; however, there has been some disagreement within the group as to how to proceed. Though the committee members have provided me with a recommendation, I would like a second opinion
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