Table 2-4
-Record each transaction in the general journal. 
Definitions:
Interest Expense
The cost incurred by an entity for borrowed funds, including the cost of servicing debt.
Merger Incremental Cash Flow Analysis
The process of evaluating the additional cash flows a company expects to receive from a merger or acquisition.
Vertical Merger
Occurs when a company acquires another firm that is “upstream” or “downstream”; for example, an automobile manufacturer acquires a steel producer.
Petrochemical Firm
A company involved in the production of chemical products derived from petroleum and natural gas.
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