Ernst and Young Advisory and Blackrock Defined Contribution Analyst Questions | GFC Technical Interv
EY Transaction Advisory Services (SF) – Analyst
What’s the difference between GAAP and IFRS?
Different accounting standards
GAAP in US, IFRS elsewhere
What is a recent news for GAAP and IFRS?
What might be a reason why a company has 30% (high) revenue growth? (e.g Revlon)
Walk me from Revenue to net income and then uFCF
Difference between revenue and uFCF?
What’s the current ratio and what does it mean?
Is a higher current ratio always better?
What’s the difference between purchasing an equipment, capital lease, and operating lease?
Purchasing – buy asset and then depreciate
Capital lease – looks like a purchase but you do not own the asset so there are interest payments
Operating – doesn’t show up on balance sheet
What is the efficient market hypothesis and what are the 3 forms?
Weak – stock price only considers historical information
Semi – stock price only consider all public information
Strong – all information
What is beta?
Where is beta used?
What is the discount rate?
What is the formula for CAPM?
If there are 2 companies with Beta of 0.5 and other one has beta of 2, what do those mean? Which investment is safer?
Why might a company be willing to pay a premium for another company?
San Francisco Blackrock - Defined Contribution Strategy Analyst (Superday)
Tell me about yourself.
Employee and business s