Question
You are the CFO of GreatFood, a large chain of grocery stores. It is the first week in December, and you are planning to expand
You are the CFO of GreatFood, a large chain of grocery stores. It is the first week in December, and you are planning to expand your business by acquiring the GoodWine winery that has recently been put up for sale by the owners. You think that this acquisition may turn out to be a good investment so you want to have solid financial background for the deal to present at the upcoming Shareholders Meeting in late December 2019. You have the following information about the GoodWine winery (the "Target") and your firm (the "Acquirer").
GoodWine winery ("Target")
Some important accounting numbers projected for the next 5 years are as follows (all numbers are before-tax, as of the end of the fiscal year and in $ thousands)
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