Powergear Senior Manager Finance Interview Questions and Answers

Components in P&L refer to the various line items that make up a company's profit and loss statement.

• Revenue: Income generated from sales of goods or services

• Expenses: Costs incurred in the production or sale of goods or services

• Gross Profit: Revenue minus Cost of Goods Sold

• Operating Income: Gross Profit minus Operating Expenses

• Net Income: Operating Income minus Taxes and Interest

Improving working capital involves managing inventory, accounts receivable, and accounts payable efficiently.

• Optimize inventory levels to reduce carrying costs

• Negotiate better payment terms with suppliers to extend accounts payable

• Accelerate accounts receivable collection by offering discounts for early payment

• Implement efficient cash management practices to minimize idle cash

• Monitor working capital ratios regularly to