Final-round drill: walk me through accretion/dilution in 30 seconds.

Start with acquirer EPS. Build combined net income: acquirer net income plus target net income plus after-tax synergies, less after-tax financing costs, lost interest income, PPA amortization, and other run-rate deal adjustments. Divide by pro-forma diluted shares including new shares issued. If combined EPS is above acquirer EPS, the deal is accretive; if below, dilutive.