InSync Analytics Interview Questions and Answers

Financial ratios test and MCQ test related to finance numericals

Q1. What is balance sheet, p&l and cash flow statement?
Ans. 
Balance sheet shows a company's assets, liabilities, and equity at a specific point in time. P&L shows a company's revenues, expenses, and profits over a period. Cash flow statement shows how cash flows in and out of a company.
• Balance sheet provides a snapshot of a company's financial position at a specific point in time.

• P&L (Profit and Loss) statement shows a company's revenues, expenses, and profits over a specific p...read more
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Q2. What is the negative item in the balance sheet?
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The negative item in the balance sheet is liabilities.
• Liabilities represent the company's debts or obligations that must be paid off in the future.

• Examples of liabilities include loans, accounts payable, and accrued expenses.

• Having high levels of liabilities relative to assets can indicate financial risk.
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Q1. Scenario Based Questions.
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Q2. Give Income statement format.
Ans. 
Income statement format includes revenue, expenses, and net income.
• Start with revenue at the top

• List all expenses below revenue

• Calculate net income by subtracting total expenses from revenue

• Include headings for each section such as 'Revenue', 'Expenses', and 'Net Income'

• Format should be: Revenue - Expenses = Net Income
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Q1. What is Vlookup?and if it's giving error then which symbol we use to remove the error?
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Vlookup is a function in Excel used to search for a value in a table and return a corresponding value from another column.
• Vlookup stands for 'Vertical Lookup'.

• It is commonly used in Excel to search for a value in the leftmost column of a table and return a value in the same row from a specified column.

• If Vlookup is giving an error, the symbol '#' is used to remove the error.

• For example, if the formula '=VLOOKUP(A2, B2:...read more
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Q2. Why should we select you over other candidates
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I bring a unique blend of analytical skills, industry knowledge, and a proactive approach to drive financial success for your organization.
• Strong analytical skills: I have experience in financial modeling and forecasting, which helped my previous employer increase revenue by 15%.

• Industry knowledge: I have a deep understanding of market trends and economic indicators, allowing me to provide valuable insights for strateg...read more
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Simple apti round with two parts, one was mcq & the other was type the answer

Q1. Flow of income statement
Ans. 
The flow of income statement refers to the sequence of steps involved in preparing and presenting an income statement.
• Start with revenue or sales at the top of the income statement

• Subtract cost of goods sold to calculate gross profit

• Deduct operating expenses to arrive at operating income

• Account for non-operating income and expenses

• Calculate net income by subtracting taxes and other adjustments

• Present the final net inco...read more
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Q2. What is Stocksplit?
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Stocksplit is a corporate action where a company divides its existing shares into multiple shares to decrease the price per share.
• Stocksplit increases the number of shares outstanding while decreasing the price per share.

• For example, in a 2-for-1 stock split, each shareholder receives an additional share for each share held, effectively halving the price per share.

• Stocksplits are usually done to make shares more afford...read more
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Q3. Enterprise value
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Financial modelling MCQ test

Q1. What is fcf and how to calculate fcf
Ans. 
FCF stands for Free Cash Flow, which is a measure of a company's financial performance and represents the cash that a company is able to generate after accounting for capital expenditures.
• FCF is calculated by subtracting capital expenditures from operating cash flow.

• Formula: FCF = Operating Cash Flow - Capital Expenditures

• Operating Cash Flow can be found in the company's cash flow statement.

• Capital Expenditures can be ...read more
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Q2. 3 statement interlinking
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Reasoning base questions

Q1. How is financial model build
Ans. 
Financial models are built by gathering historical financial data, making assumptions about future performance, and using various forecasting techniques.
• Gather historical financial data from income statements, balance sheets, and cash flow statements

• Make assumptions about future performance based on industry trends, company strategy, and economic conditions

• Use forecasting techniques such as discounted cash flow analysi...read more
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Q2. What is wacc and explain
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WACC stands for Weighted Average Cost of Capital, a calculation used to determine a company's cost of capital.
• WACC takes into account the cost of debt and equity in a company's capital structure

• It is calculated by multiplying the cost of each capital component by its proportional weight and summing the results

• WACC is used as a discount rate in valuation models such as discounted cash flow analysis

• A company's WACC is us...read more
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