It uses cash: working capital increases, and operating cash flow falls by the same amount.
Inventory bought and not yet sold has been paid for, but doesn’t hit earnings yet. Net income sees nothing; the cash flow statement subtracts the increase.
The questions that come up in M&A, IB and PE interviews, organized into eleven chapters, each with its answer.
Filter
Your status on the question, its difficulty, its chapter: the three filters combine with search. Whatever is left, you tick, and you start your session.
The session uses exactly the questions you ticked, and every answer updates their status.
Demo
A few sample questions, in the bank’s own screen: expand an answer, tick the ones to go over again, then switch to the Review view to reread them one card at a time.
Try it: this is the OctoFin bank screen
It uses cash: working capital increases, and operating cash flow falls by the same amount.
Inventory bought and not yet sold has been paid for, but doesn’t hit earnings yet. Net income sees nothing; the cash flow statement subtracts the increase.
What people ask us most often about this feature.
More than 900 finance interview questions (M&A, IB, PE), split into 11 chapters, from accounting to LBOs. Each has its answer, most of the time with an explanation, and a difficulty from one to three stars.
Yes. Click a question to show its answer and explanation; in the Review view, flip the card. To really practice, answer before you open it.
No. The Review view is for rereading, and it records nothing. For your statuses and your memory to move forward, tick the questions and start a session: there, every answer counts.
New: you’ve never answered it. After that, two correct answers in a row move a question from Weak to In progress, then from In progress to Mastered, and a mistake moves it down one step. To become Mastered, the deciding correct answer has to be well spaced from the previous one: not the same evening.
Yes. Tick them (or the whole page with “Select all”), then “Start a session”: pick one or more formats from Quiz, Q&A and Flashcard, or Smart review, which rotates all three. The session uses exactly your selection: it isn’t Smart Training, which picks the questions for you.
Open the bank, pick a chapter, and answer before you expand.