technical
15 questions · Valuation, accounting, M&A, LBO, market knowledge.
Walk me through a DCF.
Walk me through a paper LBO.
What are the three financial statements and how do they link?
If depreciation increases by $10, walk me through all 3 statements.
Trading comps vs. transaction comps — when to use each.
Walk me through accretion / dilution mechanics.
How do you calculate WACC?
How would you value a private company with no comparables?
What's working capital and how does it affect free cash flow?
Walk me through goodwill and how it gets created.
What's a sum-of-the-parts valuation and when do you use it?
Why might one company trade at a higher EV/EBITDA multiple than another?
Walk me through a merger model at a high level.
What's the difference between asset and stock deals (tax treatment)?
Tell me about a recent deal in the news and what you'd ask if you were the analyst.