Forgot working capital in interview
Forgot that prepaid expenses are part of working capital in a prelim ai interview but got hard stuff right am I cooked
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Forgetting that prepaid expenses are part of working capital in an interview isn't ideal, but it doesn't necessarily mean you're "cooked." Based on the most helpful WSO content, interviewers often value how you handle the overall conversation, your ability to tackle complex questions, and your composure under pressure. If you nailed the harder questions, that could leave a strong impression and offset minor slip-ups like this.
In future interviews, focus on brushing up on the basics of working capital. For example, prepaid expenses and other current assets are part of working capital, and understanding their role can help you avoid similar mistakes. Remember, interviews are as much about demonstrating your ability to learn and adapt as they are about technical knowledge.
Sources: Preparing for an IB internship, Investment Banking Interview Questions - 15 Answers to Land the Job, FDD / TAS Interview and Case Study Mini Guide, Working Capital considerations in LBO, https://www.wallstreetoasis.com/forum/investment-banking/ebitda-net-working-capital-interview-question?customgpt=1
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