【正文】 A39。s market risk or beta.) Finally, you should also mention other methods of valuing a pany, including looking at parables, that is, how other similar panies were valued recently as a multiple of their sales, net ine, or some other measure. 2. Walk me through the major line items on a Cash Flow statement.A question to test your accounting skills. The answer: First the Beginning Cash Balance, then Cash from Operations, then Cash from Investing Activities, then Cash from Financing Activities, and finally the Ending Cash Balance. 3. What is EBITDA? Also known as cash flow, EBITDA is Earnings Before Interest, Taxes, Depreciation, and Amortization. 4. Say you knew a pany39。s projected cash flows by a riskadjusted discount rate. After projecting the first five or 10 years, you add in a Terminal Value, which represents the present value of all the future cash flows that are too far into the future to project. You can calculate the Terminal Value in one of two ways: (1) you take the earnings of the last year you projected, say year 10, and multiply it by some market multiple like 20 times earnings, and that39。 If so, what were its findings?5. Maintain eye contact. Always maintain direct eye contact during the case interview. Eye contact is critical when answering case questions it demonstrates confidence and authority. Remember that in consulting you may find yourself in front of 20 executives at a major corporation presenting a strategy you were briefed on only a halfhour ago. And then you have to answer questions! So you can see why business case interviewing is so important to consulting it is a direct parallel to the environment consultants must face every day.Finance Interview QuestionsWith Wall Street salaries skyrocketing, investmentbanking jobs are as hot as ever. This means it39。 If so, how did it react? Who hired us? t want to ask your interviewer to later repeat information that has already been given. 2. Ask questions. Your interviewer expects you to ask questions as many intelligent questions as you need to obtain an accurate picture of the relevant facts in the case. Many inexperienced case interviewees make the error of not asking their interviewer any questions, perhaps afraid that they will look ignorant, or not wishing to bother the interviewer. On the contrary not asking questions is a fatal error in a case interview. If you don39。re interested in opportunities after graduation at the firm, and allows you to plan your strategic options. Some firms, like Goldman Sachs, are known for giving offers to a small proportion of the summer class. You may want to try better odds at another firm. * Will I be able to rotate between departments? Again, the more you know about the pany, the better you will be able to determine which department interests you most, or whether you want to work at the firm at all. If there39。t necessarily need to say that you want to work for the pany forever, but you should express how you think the position to which you are applying will help you grow. 7. So you just graduated. How did you like school?Loved it. Learned so much. And let me tell you a little bit about what types of activities I was involved in.8. What lessons did you learn from you last job that you think can be transferred to this position? 9. What do you consider your biggest fault?Interviewers love this question, even though it sort of invites dishonesty. You39。t mean you shouldn39。s figure this out. To sell 1,000 cards through telemarketing, we would need to contact 50,000 people. That would cost us $50,000. To use direct mail, we would have to contact 200,000 thousand people, which, at 40 cents per mailing, costs us $80,000. Since the envelope inserts aren39。s the cost of each of these marketing techniques, and what is their response rate? Interviewer: Telemarketers have a 2 percent response rate, and cost $ per call. Direct mailings cost us 40 cents per mailing and have a percent rate of response. Our payment attachments have a rate of response, but only cost us 5 cents each. You: I39。Case QuestionsCase questions are most monly used in consulting interviews, but they can be used in other situations, such as in interviews for marketing positions with consumer goods panies. Simply put, a case interview is the analysis of a business question. Unlike most other interview questions, it is an interactive process. Your interviewer will present you with a business problem and ask you for your opinion. Your job is to ask the interviewer logical questions that will permit you to make a detailed remendation. The majority of case interviewers don39。t need to perform telemunications functions. You: What are our expenses connected with the card? Interviewer: We must pay 15 cents for every minute we sell. We also have to pay $ as a startup cost for the card and card systems. You: What are our marketing expenses? Interviewer: We normally use slips of paper that are attached to the backs of our credit card payment envelopes. We sometimes also send customers a direct mailing in a separate envelope. Or we can have telemarketers call selected customers. You: What39。s our cost structure look like? You: Okay, let39。re a witty or especially cool individual when it es to personality. Among the characteristics highest on their list are teamwork and innovation. They may not ask whether you are a team player, or creative doesn39。re mitted to the industry and will be loyal to their pany.6. Where do you see yourself in 5 years? You don39。re new to the industry, you want to ensure that you will perform work that is representative of a fulltime associate. * How many people are typically given permanent job offers? And ask for percentages too. This shows you39。s important to have a few basic tips down pat. 1. Take notes. As your interviewer presents your case, be sure to take careful notes on the numbers or other facts given. (Always bring a