Asset Acquisitions and Divestitures

In class today we stepped through core income statement, cash flow and balance sheet flows behind simple asset acquisitions and asset divestitures. Learning these flows is fundamental for M&A in practice and in handling common investment banking interview questions. This lesson is from Chapter 4 of my book "Mergers, Acquisitions, Divestitures, and Other Restructurings" published by Wiley Finance.

[@SAPHARISIR]

excellent

[@walterlomax8341]

How did you get the $4mm tax credit from the interest? Is it based on MAGI?