How do I get better at the mental math needed for MOIC / accounting problems?
I’m prepping for upcoming SA IB interviews and have found myself really struggling with some of the math needed for accounting and LBO questions. For example, when you need to calculate the interest shield on something, you often have to do 40% of a whole number or 20% of some whole number. Like knowing that 40% of 75 is 30 is not intuitive to me. Same issue for add backs on the CFS.
Do interviewers expect you to do this pretty fast? I don’t come from a math background, so sometimes I need to write it out - which can take me up to 90 seconds. I assume this wouldn't fly during an interview.
Also, for MOIC (knowing that 1200/500 = 2.4, for example), I have the same issue. Did anyone else run into this in recruiting?
40% of 75 is 75% of 40
a% of B = b% of A
a/100 * B = AB/100 = b/100*B
---
Rule of 72 / 114 for 2.0x MOIC and 3.0x MOIC.
delete
Zetamac
Fugit quia dolor omnis esse. Voluptatem eos autem sint velit. Iure perferendis quod neque ipsa porro sunt. Illum ea in tenetur fugit aperiam et.
Aut alias beatae laborum et nisi. Fugiat laborum quas qui provident quia ut. Ullam minima quae suscipit suscipit distinctio at vel est. Doloremque et eveniet aut et praesentium quod.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...
Voluptatem dolores omnis possimus ut aliquam. Et voluptas possimus ea saepe blanditiis. Dolorum deserunt blanditiis saepe eos voluptas at eaque.