Summer Analyst

It was a phone interview with an associate at the bank. The format of the interview was following:
- Walk me through your resume
- He mentioned that coming out-of-state I'm put at disadvantage compared to other candidates. Local candidates are preferred. I also didn't have a clear reason why I wanted to work at that location.
Fit questions:
- Why investment banking?
- Why should we hire you?
- Why this location?
- What makes you a perfect candidate for IB?

Technical questions:
- How does $100 increase in inventory affect 3 financial statements?
- If you had to choose one financial statement to evaluate a company, what would it be and why?
- What valuations methods do you know of?
- Which company would be a good candidate for a leverage buyout analysis?
- Walk me though LBO