Based on the forecast cash flows provided, prepare an investment appraisal using discounted cash flow and payback models

1.Analyses and comments on the results of the target company from FY 2017 to FY 2020

2.Based on the forecast cash flows provided, prepare an investment appraisal using discounted cash flow and payback models

3.Recommends an appropriate budgeting technique to forecast the first year of operations for the acquired company with a justification for your recommendation

4.Explains why the forecast for FY 2020 based on management accounts might differ from the statutory accounts5.Provides your opinion as to the value of the investment6.Include any other elements in your Report that you feel may be Relevant to the decision

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