JPMorgan Chase & Co. Depository Operations Executive Interview Questions and Answers

I will try my best. But i would try to use my financial knowledge to improve the depository system.

I would like to discuss about financial knowledge. I will try my best.

Q1. What is the full form of EBIT?
Ans. 
EBIT stands for Earnings Before Interest and Taxes.
• EBIT is a financial metric used to measure a company's profitability before accounting for interest and taxes.

• It is calculated by subtracting a company's operating expenses (excluding interest and taxes) from its revenue.

• EBIT helps investors and analysts assess a company's operational performance and compare it to other companies in the same industry.

• For example, if a ...read more
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Q2. Insurance is a investment or not?
Ans. 
Insurance is not an investment but a risk management tool.
• Insurance is a contract between an individual and an insurance company to provide financial protection against specified risks.

• It involves paying premiums in exchange for coverage against potential losses or damages.

• The purpose of insurance is to mitigate the financial impact of unexpected events, such as accidents, illnesses, or property damage.

• Unlike investmen...read more
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Q3. How to calculate eps?
Ans. 
EPS (Earnings Per Share) is calculated by dividing the company's net income by the number of outstanding shares.
• EPS = Net Income / Outstanding Shares

• Net income is the company's total earnings after deducting expenses and taxes

• Outstanding shares refer to the total number of shares held by investors

• EPS is an important financial metric used to assess a company's profitability and performance

• Higher EPS indicates higher pro...read more
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