Textile Sourcing Services Chief Accountant Interview Questions and Answers

EBIDTA stands for Earnings Before Interest, Taxes, Depreciation, and Amortization.

• EBIDTA is a financial metric used to assess a company's operating performance.

• It measures a company's profitability before accounting for interest, taxes, depreciation, and amortization expenses.

• EBIDTA is often used by investors and analysts to compare the financial performance of different companies.

• It helps in evaluating a company's abi...read more

The ideal debt equity ratio depends on the industry and company's risk tolerance.

• The debt equity ratio measures the proportion of debt and equity used to finance a company's assets.

• A lower debt equity ratio indicates a more conservative financial structure, while a higher ratio suggests higher financial risk.

• The ideal ratio varies across industries and depends on factors such as stability, growth prospects, and cash fl...read more

An ideal balance sheet should accurately reflect the financial position of a company and provide relevant information to stakeholders.

• An ideal balance sheet should be prepared in accordance with accounting standards and regulations.

• It should present a true and fair view of the company's assets, liabilities, and equity.

• The balance sheet should be well-organized and easy to understand.

• It should include all relevant finan...read more