ibd technical interview prep_20nov15

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  • 7/25/2019 IBD Technical Interview Prep_20Nov15

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    IBD Technical Interview Prep 10th Nov

    1) How would underfunded pensions aect the Enterprise Value of a company?2) How do you nd the number of fully diluted shares outstanding?3) hat are the pros and cons of using the ratio EV!E"#$%&?') How do you le(er and unle(er beta? hy is it necessary to unle(er beta?

    ) How would you perform an accretion!dilution analysis?*) #f # am ad(ising the owner of a pri(ate business on e+it strategies, al- me

    through the (arious alternati(es and (aluations,.) $ell me how to capitali/e operating leases and the impacts on the statements,0) hy would you do a " analysis?) How would you (alue a company?14) al- me through a %56 analysis,

    IBD Technical Interview Prep 13th Nov

    1) al- me through how %epreciation going up by 714 would aect thestatements

    2) 8ecently9 ban-s ha(e been writing down their assets and ta-ing huge

    :uarterly losses, al- me through what happens on the 3 statements when

    there;s a write

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    *) hat do you -now about the recent proposed ac:uisition of Dtarwood by

    >ariott #nternational? hat are the transaction rationales?.) Ci(en that le(erage brings (alue through ta+ shield9 should not companies

    ha(e high le(erage? #f not9 why? hat is the company;s optimum capital

    structure?

    0) al- us through 656E,) hat :uantitati(e and :ualitati(e factors dri(e the A!E multiples?14) hat are the dierences between &55 and &AV?11) Alease discuss the dierent eects and moti(ation behind increasing

    di(idend9 paying special di(idend9 and share buybac-s?

    IBD Technical Interview Prep 20th Nov

    1) How is it possible for a company to show positi(e net income but still go

    ban-rupt?2) hy might one company trade at a higher multiple than another?3) #f a company trades at a forward AE of 249 and ac:uires a company trading at

    a forward AE of 13, &ssuming the deal is 144G stoc-