☛ What is EBITDA?

☛ Walk me through the major line items of a Cash Flow Statement.

☛ Say you knew a company's net income. How would you figure out its cash flows?

☛ What is the difference between the balance sheet and the income statement?

☛ What is Goodwill? How does it affect Net Income? NOTE: there is a basic answer to this question, a complex, tricky one as well.

☛ A firm is using LIFO, the COGS start decreasing. What are effects on I/S, BS and CFS?

☛ What is the difference between Purchase and Pooling accounting? Under what circumstances would you use one or the other?

☛ What are deferred taxes? How do they arise?

☛ What is working capital? How would you calculate it?

☛