What model will be suitable for the Acquisitions Analysis Decision and why? What is the Name of the report to be prepared to the Board for it decision on the Acquisition since B. is moving from its heartlands. Analyze the Financial Statement for the 2021 and 2020 and report to the Board on their Decision on the Acquisitions Strategy.

FUTURE DEVELOPMENT

Finally, and most significantly, the company is considering its operation by purchasing 20 stores located along the middle Savanna Region of Ghana currently owned by Little Bee, a struggling regional supermarket. This represents a move out of Bazar traditional heartland and it represents an ambitious and risky move. In an assessment to the board, the Director of Finance and Operations advised that the acquisition of those 20 stores should be thought of like an investment and should be appraised using appropriate methods when data is available before discussion with the governing board. She also emphasised that the high-risk nature of the strategy should be reflected in any appraisal of the investment with a clear consultant term of reference highlighting the specific deliverables and expectations including timelines.While the stores would be re-branded, the boards decision will be influenced by the current financial position of the 20 stores and so it has contracted a consultant to support the board with necessary acquisition research information. AB Consult & Associate has been contracted and are expected to report to the board on 5 August 2022. Below is an incomplete records prepared by the Finance Manager

Appendix I

Bazar Profit and Loss accounts for the year ended 31 December, 2021

Turnover	2021 GH000 670,400	2020 GH000 666,198
Cost of Sales	(469,280)	(466,339)
Operating Profit	201,120	199,859
Operating Expenses	(103,560)	(95,930)
Operating Profit/Loss	97,560	103,929
Interest Payable (20%)	(14,160)	(11,360)
Profit before taxation	83,400	92,569
Taxation	(20,850)	(27,771)
Profit after taxation	62,550	64,798
Dividends	(12,000)	(18,500)
Retained profit for the year	50,550	46,298
Retained profit brought forward	83,472	37,174
Retained profit carried forward	134,022	83,472