The purpose of this paper is to analyze Amazon.coms acquisition of Whole Foods Market. More specifically, the paper will look to determine under what operating scenarios Amazon will achieve an accretive outcome. This paper will look specifically at an accretion dilution analysis sensitized to variety of financial operating cases. These operating cases will be determined by the potential synergies associated with the transaction.After going through this analysis, I expect to see accretion occurring when Amazon has faster growing revenues, moderately declining gross margins, and significant operating expense synergies.