11 questions

Accounting & the three statements

How the statements link, and how any event flows through all three.

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Core 7

  1. 01 Walk me through the three financial statements. Frequently askedInternAnalyst
  2. 02 How are the three statements linked? Frequently askedInternAnalyst
  3. 03 Depreciation goes up by €10. Walk me through the three statements. Frequently askedInternAnalyst
  4. 04 How does depreciation affect cash if it is a non-cash expense? Intern Plus
  5. 05 What is working capital, and why does an increase reduce cash flow? InternAnalyst Plus
  6. 06 If you could only use one statement to judge a company, which would you pick? Intern Plus
  7. 07 What is the difference between deferred revenue and accounts receivable? InternAnalyst Plus

Intermediate 4

  1. 01 A company buys a €100 machine with debt. Walk me through year 0 and year 1. Analyst Plus
  2. 02 How can a profitable company run out of cash? Analyst Plus
  3. 03 What is goodwill, and when does it change? AnalystAssociate Plus
  4. 04 What is the difference between LIFO and FIFO, and why does it matter? Analyst Plus