Financial Data Analyst

Financial Data Analyst Interview Questions and Answers

Updated 22 Aug 2024

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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