Financial Data Analyst

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Financial Data Analyst Interview Questions and Answers

Updated 22 Aug 2024

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Q1. If you are looking for SQL then is it possible that you will switch your career in SQL ?

Ans.

Yes, I am open to switching my career to SQL if the opportunity arises.

  • I have a strong interest in data analysis and SQL is a valuable skill in this field.

  • I am always open to learning new skills and expanding my knowledge base.

  • If the opportunity arises to work with SQL extensively, I would be excited to take on the challenge.

  • However, I am also committed to my current career path and would only consider a switch if it aligns with my long-term goals.

Q2. Earning before interest tax depreciation and amortization

Ans.

EBITDA is a measure of a company's financial performance and is calculated as revenue minus expenses, excluding taxes, interest, depreciation, and amortization.

  • EBITDA is a financial metric used to evaluate a company's profitability and financial health.

  • It is calculated by subtracting operating expenses from revenue and adding back depreciation and amortization expenses.

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

  • I...read more

Q3. Are you know programming?

Ans.

Yes, I am proficient in programming languages such as Python, SQL, and R for data analysis and manipulation.

  • Proficient in programming languages like Python, SQL, and R

  • Experience in data analysis and manipulation

  • Ability to write scripts and automate tasks

Q4. Why do you want to work with Lyft? Your experience in Data Analytics?

Ans.

I want to work with Lyft because of their innovative approach to transportation and the opportunity to analyze their financial data.

  • I am drawn to Lyft's commitment to revolutionizing the transportation industry through technology.

  • I am excited about the prospect of analyzing financial data for a company that is constantly evolving and growing.

  • I believe my experience in data analytics can help Lyft make informed decisions and drive strategic growth.

  • I have a strong track record ...read more

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Q5. Dual effect of transactions

Ans.

Dual effect of transactions refers to the impact of a transaction on both sides of the balance sheet.

  • Every transaction has two effects - a debit and a credit

  • Debit refers to an increase in assets or a decrease in liabilities

  • Credit refers to a decrease in assets or an increase in liabilities

  • For example, when a company borrows money, it increases its cash balance (debit) and increases its liabilities (credit)

Q6. Explain balance sheet items.

Ans.

Balance sheet items are financial statement items that represent a company's assets, liabilities, and shareholders' equity at a specific point in time.

  • Balance sheet items are categorized into three main sections: assets, liabilities, and shareholders' equity.

  • Assets include items such as cash, accounts receivable, inventory, and property.

  • Liabilities include items such as accounts payable, loans, and accrued expenses.

  • Shareholders' equity represents the amount of money that woul...read more

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