Walk me through a merger model - acceptable answer?

I am looking for the most simple way to walk an interviewer through a merger model. If you were an interviewer would you accept this? Would you dig at further details?

1) Determine the purchase price 2) Determine the purchase method - cash, debt stock 3) Project the Financial Profiles and Statements of the Buyer and Seller 4) Combine in the Buyer and Seller's Income Statements 5) Calculate Goodwill and Allocate the Purchase Price 6) Combine the Balance Sheets and Adjust for Acquisition Effects 7) Adjust the Combined Income Statements for Acquisitions Effects 8) Calculate Accretion / Dilution and Create Sensitivity Table