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    Mergers Acquisitions Study Set 1
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    Exam 10: Analysis and Valuation
  5. Question
    The Purpose of Adjusting the Target's Income Statement Is to Provide
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The Purpose of Adjusting the Target's Income Statement Is to Provide

Question 7

Question 7

True/False

The purpose of adjusting the target's income statement is to provide an accurate estimate of the
current year's reported operating income or operating cash flow.

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