In some countries, companies can write off goodwill at the date of acquisition by directly reducing their shareholders' equity; that is, the write-off does not pass through net earnings. Suppose that a Canadian company and a company from a country that allows an immediate write-off of goodwill agreed to purchase the same company for the same amount of money. As a stock analyst, describe how the statements of financial position and statements of earnings would differ for the two companies after the acquisition. Discuss whether this would provide any advantage for either company.