Premium Essay

How to Answer Linking Statements in an Interview Setting

In: Business and Management

Submitted By sharonsze
Words 340
Pages 2
How to answer linking statements in an interview setting:

In real life, this process gets complicated because of many exceptions and unusual items on the statements. Luckily for you, interviews are not real life and those scenarios are unlikely to come up – so we can create a step-by-step process for linking the statements: 1
1. First, Net Income from the bottom of the Income Statement becomes the top line of the Cash Flow Statement.

2. Second, you add back non-cash expenses from the Income Statement (and flip the signs of items such as Gains and Losses).

3. Third, you reflect changes in operational Balance Sheet line items – if an Asset goes up, cash flow goes down and vice versa; if a Liability goes up, cash flow goes up and vice versa.

4. Fourth, you reflect Purchases and Sales of Investments and PP&E in Cash Flow from Investing.

5. Fifth, you reflect Dividends, Debt issued or repurchased, and Shares issued or repurchased in Cash Flow from Financing.

6. Sixth, you calculate the net change in cash at the bottom of the CFS, and then link this into cash at the top of the next period’s Balance Sheet.

7. Seventh, you update the Balance Sheet to reflect changes in Cash, Debt, Equity, Investments, PP&E, and anything else that came from the Cash Flow Statement.

A few more rules to keep in mind as you link the statements: 1 2 1. Reflect each Balance Sheet item once and only once on the Cash Flow Statement, and vice versa.

1 2. If an Asset goes up, cash flow goes down; if a Liability goes up, cash flow goes up, and vice versa. 2 3. The Balance Sheet must always balance (Assets must always equal Liabilities + Equity), no matter what else happens.

Those 3 rules above are universal and there are no exceptions. If you remember them and what goes in each section of the Cash Flow Statement, you’ll be in…...

Similar Documents

Premium Essay

How to Prepare for Interview

...Before the interview: • • • • Do your research and learn everything you can about the organization Review your accomplishment list and your résumé Review and understand the job description Wear appropriate attire for the interview During the interview: • • • • • • • • • Remember that a job interview begins the minute you walk through the door. Treat everyone you meet professionally and with respect Turn off all electronic devices Be aware of your body language Smile and encourage casual conversation with your interviewer Be confident in your skills and abilities Take a moment to compile your thoughts before you answer Ask for clarification if you don’t understand a question Sell yourself – your skills, abilities, and the value you will bring to the employer Be yourself and try to relax! Common interview mistakes: • • • • • • • Chewing gum Not knowing enough about the organization Arriving late Misrepresenting yourself or stretching the truth Making negative remarks about a previous manager or co-worker Rambling on and on…what was the question again? Making inappropriate remarks Types of interviews The screening interview • • • • • Usually occurs with someone from Human Resources Can be over the phone or in person HR will try to verify the information on the résumé and find out if you meet the minimum requirements for the position Take this interview as seriously as an in-person interview If you pass this phase, you will be asked to meet with a Hiring...

Words: 633 - Pages: 3

Premium Essay

How to Interview

...FAIRMONT INTERVIEW “Turning moments into memories for our guests.” What are my goals within the hospitality industry? LONG TERM GOALS: 1. Become a General Manager of a Fairmont location or head of a department. SHORT TERM GOALS: 1. Expand my knowledge in understanding how different departments work independently and collaboratively in order to be a successful leader. 2. Expand my ability to understand the different ways of thinking within each person whether they are a guest or fellow colleague. *This would teach me what is necessary to be approachable in any given situation by adapting to their style of communication. WHY IS THIS BENEFICIAL? – Nobody is the same, therefore communication style is key for genuine conversation to make a guest or colleague feel comfortable and taken care of. …goal two leads into third… 3. Engage myself in situations that demand critical thinking in order to be an effective problem solver. By initially understanding the perspective of another person I have the tools necessary to resolve the situation at hand. * By the end of the experience I want to become an approachable leader people can depend on.* LEADERSHIP EXPERIENCES: 1. Colleague has a big table of 20 come in to eat during dinner rush at the golf course. - I took initiative by gathering all servers/bartenders who were available to help run food to the table - Everyone got their food on......

Words: 417 - Pages: 2

Premium Essay

Interview Questions and Answers

...TEN TOUGH INTERVIEW QUESTIONS AND TEN SMART ANSWERS If only interviewees could have the slightest idea of the kind of questions interviewers will ask them, a lot more people would be able to overcome mental fear of the unknown which often produces the physical symptoms of nervousness. The best way to prepare mentally is to know what may be coming. Fear of the unknown can only exist when there is an unknown. Take the time to understand some of the standards when it comes to interviewing questions. The following are some of the most difficult questions you will face in the course of your job interviews. Some questions may seem rather simple on the surface such as ‘tell me about yourself’ but these questions can have a variety of answers. The more open ended the question, the wider the variation in the answers. Once you have become practiced in your interviewing skills, you will find that you can use almost any question as a launching pad for a particular topic or compelling story. Others are classic interview questions, such as “what is your greatest weakness”? Questions most people answer improperly. In this case, the standard textbook answer for the greatest weakness question is to provide a veiled positive such as: I work too much. I just work and work and work. Wrong. Either you are lying or, worse yet, you are telling the truth, in which case you define working too much as a weakness and really do not want to work much at all. The following answers are provided to......

Words: 3825 - Pages: 16

Free Essay

How to Pass the Interview

...TE AM FL Y FEARLESS INTERVIEWING How to Win the Job by Communicating with Confidence Marky Stein McGraw-Hill New York Chicago San Francisco Lisbon London Madrid Mexico City Milan New Delhi San Juan Seoul Singapore Sydney Toronto Copyright © 2003 by Marky Stein. All rights reserved. Manufactured in the United States of America. Except as permitted under the United States Copyright Act of 1976, no part of this publication may be reproduced or distributed in any form or by any means, or stored in a database or retrieval system, without the prior written permission of the publisher. 0-07-141572-6 The material in this eBook also appears in the print version of this title: 0-07-140884-3. All trademarks are trademarks of their respective owners. Rather than put a trademark symbol after every occurrence of a trademarked name, we use names in an editorial fashion only, and to the benefit of the trademark owner, with no intention of infringement of the trademark. Where such designations appear in this book, they have been printed with initial caps. McGraw-Hill eBooks are available at special quantity discounts to use as premiums and sales promotions, or for use in corporate training programs. For more information, please contact George Hoare, Special Sales, at george_hoare@mcgraw-hill.com or (212) 904-4069. TERMS OF USE This is a copyrighted work and The McGraw-Hill Companies, Inc. (“McGraw-Hill”) and its licensors reserve all rights in and to the work. Use of......

Words: 39907 - Pages: 160

Premium Essay

How to Survive a Job Interview

...Interviews can be nerve-racking, particularly if you're not used to them. The anticipation is often worse than the actual event because not only are you walking into an unknown situation, but also you know you'll be judged on your performance. The following tips, based on current interview ‘etiquette' and common sense, apply to any interview situation and will help you to create the best impression that you can. 1. Be prepared 2. Dress smartly 3. Shake hands and be polite 4. Listen carefully to the questions 5. Think before you speak 6. Be honest and open 7. Anticipate problems and prepare for them 8. Don't be negative about a previous employer 9. Ask relevant questions, but not about salary 10. Steady your nerves just before you go in 1. Be prepared Preparation is the key to confidence. Read the article ‘Preparing for an interview' on this website about preparation that can be done before the event. Find out about the organisation and the responsibilities of the job. Then you need to minimise stress on the day. Make sure that you: know where to go and how you will get there know how long it will take to get there - and leave more than enough time decide what to wear and make sure it's washed, cleaned, polished and ready to put on. 2. Dress smartly Always dress smartly. Even if you know or suspect that the dress code in the company is ‘smart casual', you can't go wrong with a business suit. It's perfectly appropriate, even if your......

Words: 1000 - Pages: 4

Premium Essay

Hr Interview Answers

...hr interview 1. ORGANISATIONAL BEHAVIOUR 1. How can you motivate people/ employees? These days you have a diversified work force. What motivates one individual may not motivate the other. To motivate your employees you have to understand them. You can motivate them through employee recognition programs, employee involvement programs, skill based pay programs, give monetary and non- monetary rewards, provide good work environment, flexibility. 2. Which techniques you use to motivate? Provide meaningful and challenging work, Set clear targets and expectations and measure performance, Give regular, direct, supportive Feedback, Design people's roles so they can use their strengths, Enable input and choice in how work gets done, Reward them for their work 3. What is the theory of motivation? Motivation is an internal drive that activates behaviour and gives it direction. There is not one but many theories of motivation: Content theories, Process theories 4. If one beautiful girl/ smart boy who is working with you in the same floor and if she/ he is after you and don’t like to work how will you manage her/him? Call him/ her and tell him that I don’t like the person and being a HR professional counsel him and tell the consequences of being like that can affect the career. 5. How do you handle people, if some people come late and some people come regularly? Make the work timings flexible; handle it like a performance issue—show them......

Words: 15317 - Pages: 62

Premium Essay

Vm Ware Interview Question and Answers

...Browse: Home / 2012 / July / VMWare interview questions and answers -Networking Menu Skip to content * About * Contact Me * Privacy Policy * Table of Contents VMware Arena Menu Skip to content * Home * Free Tools * vSphere Links * Interview questions * Deep-Dives Top of Form Search Bottom of Form VMWare interview questions and answers -Networking Posted by Mohammed Raffic on July 15, 2012 in Interview questions, Networking | 48 Views | 4 Responses Download Now and Complete your End to End P2v Migrations using VMware Arena’s ”P2V ADMIN ISO“ What is Service Console? The service console is developed based up on Redhat Linux Operating system, it is used to manage the VMKernel What are the basic commands to troubleshoot  connectivity between vSphere Client /vCenter to ESX server? service mgmt-vmware restart  (restarts host agent(vmware-hostd) on vmware esx server) service vmware-vpxa restrat (restarts Vcenter agent service) service network restart (restarts management networks on ESX) What is vCenter Agent? VC agent is an agent installed on ESX server which enables communication between VC and ESX server. This Agent will be installed on ESX/ESXi will be done when you try to add the ESx host in Vcenter. What is the command used to restart SSH, NTP & Vmware Web access? Service sshd restart Service ntpd restrat Service vmware-webaccess restart What are the types of Ports groups in ESX/ESXi? There are 3 types of......

Words: 2986 - Pages: 12

Premium Essay

How to Survive a Job Interview

...How to Survive a Job Interview Be prepared, do some research, dress smartly, shake hands and be polite, listen carefully to the questions, think before you speak, be honest and open, bring an extra resume, use good quality supplies for your portfolio, ask relevant questions, but not about salary, and finally steady your nerves as you go in. Surviving a job interview ultimately depends on the amount of work you put into preparing for it. The more prepared you are, the more likely you are to have a successful interview. Before you even apply for a job, you should do some research into the company or business advertising. Before your interview, you should have a clear idea about the size of the company/business, the kind of work or clients they have and what role they would expect you to work in. Knowing a bit about the company or business that is interviewing you will always come in handy. Try to dress a little bit better than what's expected from the staff, this way you will show that you're putting in some effort, but also that you're not a bad match for the workplace. Always arrive at the interview on time. Sometimes it's all that separates you from the other applicants and every little bit helps. Keep eye contact, shake hands and be polite. Listen carefully to everything the interviewer says and be prepared to give an answer. Try not to speak over the person who's interviewing you and listen to what they have to say. Coming across as arrogant or overbearing can......

Words: 506 - Pages: 3

Free Essay

How to Write a Personal Statement


...How to Write a Personal Statement
 by
 UNM Prof. Elizabeth Archuleta Through a personal statement, you introduce yourself to the university; it reflects your personality and intellect. It is important that you read each question carefully and make every effort to understand and respond to it with well-considered responses and in a persuasive enough manner to hold the reader’s interest. 1. Understand and Explain Yourself 
One of the main problems when writing is that applicants fail to take a thorough and analytical look at themselves and their objectives. Admission committee members are looking for interesting, insightful, revealing, and non-generic essays that suggest you have successfully gone through a process of careful reflection and self-examination. 2. Set Yourself Apart 
Committees are looking for something PERSONAL and ANALYTICAL. This means sharing information you rarely share with others and assessing your life more critically than usual. This approach is key to a successful personal statement. Exercise: In order to begin writing your personal statement – your story—you’ll need to answer some basic questions to prepare yourself. Questions: * What is special, unique, distinctive, or impressive about you or your life story? What details of your life (personal or family problems/ history, any genuinely notable accomplishments, people or events that have shaped you or influenced your goals) might help the committee better understand you or help set you......

Words: 1208 - Pages: 5

Free Essay

How to Crack Interview

...21/11/2013 How to answer the most hated interview questions : Nature Jobs Blog nature.com Nature Jobs Sitemap Log In Register Blog Post Previous post How sociable are scientists in their job search? NATURE JOBS | NATURE JOBS BLOG How to answer the most hated interview questions 20 Nov 2013 | 18:04 GMT | Posted by Catherine de Lange | Category: Uncategorized We recently asked you what your most hated interview questions were. Here we share our tips on how to answer them. 1. What’s a weakness of yours that has been mentioned by your colleagues? In this question, the interviewer could be trying to achieve one of a number of things. Yes, they might genuinely want to know what your weaknesses are, but they are probably also trying to put you on the spot, by veering away from your research about their company and the role. Be warned: you probably won’t get any points for being overly honest. When faced with this question, never confess to being bad at any of the key prerequisites for the job. Instead, feel free to discuss a weakness of yours which isn’t essential to the role. Whatever the weakness, it is a good idea to continue on to explain how you have improved on it and are making sure it doesn’t interfere with work. For instance, you might say that you worry a lot about doing everything to a high enough standard. This shows that you are conscientious, but before the interviewer begins to think you are neurotic or under-confident, go on to explain...

Words: 560 - Pages: 3

Premium Essay

How to Prepare for an Interview

...How to Survive a Job Interview General purpose: To instruct Specific purpose: To be prepared for a job interview Organization: Chronological I. Introduction A. Imagine yourself walking into your first interview, nervous and maybe even a little sweaty; you begin to forget everything you wanted to say. B. Today I am going to show you the four main steps in preparing for a job interview, Research the company, know yourself; strengths and weaknesses, anticipate and prepare for commonly asked question, and lastly prepare everything the night before the interview. C. After listening to my speech, I hope my audience will be better prepared for any potential interviews without the common nervous jitters. II. Preparation A. Research 1. Research small, but important things like, company size and history, products and services, and culture of the company. 2. Use internet sources to become accustom to the company’s ways and what to expect of them. 3. Call in advance to find out who you will interviewing with and what kind of information you can get for the company with the person of contact. a. Look at credible internet sources as a way to get quality information on your business. Publications can be extremely helpful when it comes to finding information. b. You must be prepared for these kinds of questions in the interview. This will make you look professional and interested. B. Refresh Yourself on Your Own Experiences 1. Think of previous employer......

Words: 530 - Pages: 3

Free Essay

How to Interview a Rock Start

...ARTS AND ENTERTAIMENT JOURNALISM Did you have another boring day at a press conference? Interview a rock star Eccentrics, selfish, narcissists, capricious, fanciful, fussy, obsessive, passionate; some times genius, some other times schizophrenics. There are many adjectives that can be successfully used in order to describe a rock star personality. The idea of meeting and having a conversation with a rock star is exciting and intimidating at the same time. Even for those who work as professional journalists it is a challenge as avoiding this natural tendency, especially when the celebrity you are interviewing has had a real impact on your life, may be troublesome. Although, as Clayton (1994) points out, journalists must remember that they cannot be overawed by a Big Name. In his own words, “they are not meeting a celebrity as an adoring fan, but on a business” (1994:60). The aim of this essay is to critically analyze the interviewing process by going throw several interviews with rock stars, considering that the approach taken would be slightly different from that of other interviewees. The interviews examined concentrate on print, but it is impossible to ignore broadcasting (media) as many aspects of the interviews such as occasional silences, body language and questions order what would otherwise be missed. First of all, it is worthy to introduce the myth of the rock community. Frith (1981) stresses the importance of this point because for most rock bands “music...

Words: 2571 - Pages: 11

Free Essay

Common Interview Question and Answer

...Questions You Should Ask 1. Do you have any hesitations about my qualifications? 2. Do you offer continuing education and professional training? 3. What have you enjoyed most about working here? 4. What is the single largest problem facing your staff and would I be in a position to help you solve this problem? 5. What is the next step in the process? Interview Questions 1. Tell me about yourself? Good morning. My name is, or you can call me David. I recently received my Bachelor’s degree of Accounting with a first-class honours from University and have completed a total 11 months of internships with KPMG as well as private entities in the past three years. I've worked hard in my education as well as internships to prepare myself to become a world class employee in my role. In my most recent position as a, I have had the opportunity to initiate and develop numerous accounting and financial-related report to Business Director and I’m proud to say that I have suggested and implemented new policies on the workflow within the company which saving the company over 40% of paper wastage. In addition, my internship at KPMG has proven my ability to be a quick-learner and adaptor when being placed in a fast-paced working environment. I believe this experience and training has prepared me to take the next step and pursue a full time position for a company where I can be a part of a team as well as allowing me to focus my energy on professional growth. 2....

Words: 6929 - Pages: 28

Premium Essay

How to Succeed at an Interview

...5 tips to Succeed at an interview Wear conservative clothing. When going for an interview, it is much better to be overdressed rather than under dressed. Regardless of the job position, you must be dressed in a highly professional manner. For both men and women, it is a good idea to wear a colour that is moderate and not too flamboyant. For example: A black pencil skirt and white long sleeve blouse void of any patterns. Ensure that you err on the side of being conservative when it comes to jewelery, makeup and cologne as well.Make a good first impression with interactive body language. Body language is just as important as your verbal words in an interview setting. Some different forms of body language include: Give a firm handshake Sit up straight, not slouched in tension Make eye contact, so that you seem alert and confident Answer questions directly and loud enough for the interviewer to hear The interviewer will form an impression within the first few minutes of speaking to a candidate, therefore it is important to give a firm handshake, have good posture, maintain eye contact, and answer questions directly when being asked to make a great first impression. Prepare for your interview well in advance. Preparing for an interview in advance will increase a candidates chances of being chosen for the position. Research the company where you are being interviewed. Knowing about the job will help you prepare a list of qualifications so that you......

Words: 615 - Pages: 3

Premium Essay

The Best Answers to Tough Interview Questions

...The Best Answers to Tough Interview Questions Tell me about yourself. This is really more of a request than a question. But these few words can put you on the spot in a way no question can. Many quickly lose control of the interview during the most critical time- the first five minutes. This is not the time to go into a lengthy history or wander off in different directions. Your response should be focused and purposeful. Communicate a pattern of interests and skills that relate to the position in question. Consider your response to this question as a commercial that sells your autobiography. Provide an answer that includes information about where you grew up, where you went to school, your initial work experience, additional education and special training, where you are now, and what you intend to do next. One of the most effective ways to prepare for this question is to develop a 60-second biographic sketch that emphasizes a pattern of interests, skills, and accomplishments. Focus your response around a common theme related to your major interests and skills. Take, for example, the following response, which emphasizes computers. "I was born in Canton, Ohio and attended Lincoln High School. Ever since I was a teenager, I tinkered with computers. It was my hobby, my passion, and my way of learning. Like most kids I enjoyed computer games. When my folks gave me a computer as a reward for making honor roll my sophomore year, I mastered DOS, Windows, and WordPerfect within six...

Words: 15757 - Pages: 64

Красавица для чудовища (2018) | Kelcy Griffin | Clique - Saison 2 (Ajout de l'Episode : 3) (HDTV)