The $GME proposed acquisition of $EBAY is even dumber than it sounds, which is why he refused to answer @andrewrsorkin's basic questions this am.To start, the ACTUAL proposal is not GME acquiring EBAY:GME is the seller, not the buyer.Ryan Cohen is asking eBay to acquire GME, fire eBay's CEO, and let Ryan run the business.Onto the dumbness of the proposal details:The idea is 50% cash / 50% stock for roughly $56 billion of consideration to eBay.Pundits note GME's ~$11.1B market cap and ~$9B of exi

Accounting Series Video #1: Profit & Loss Statements

Profit and Loss Statement (P&L)