IB Technical Round Practice

Been a member for a little while and to be honest, I've been leeching. I don't comment much, and I never post. I figured to give back, I would post the technical round portion of my Interview during a Super Day at a BB in 2019. Hopefully this helps a couple individuals get an idea of what it looks like on Super Day. At least from my personal experience. This is took about 7 minutes to walk through verbally while the interviewer asked questions. BTW this was a sophomore program.

Hope it helps!

Assumptions
Condo Purchase Price: $200,000 Debt as a % of PP: 80.00% Interest Rate: 10.00% Condo Useful Life: 20 Condo Annual Property Taxes: $2,000 Annual Rent: $35,000 Annual Maintenance: $2,000 Tax Rate: 25.00% All Free Cash Flow Used to Pay Down Debt

**Balance Sheet **

Assets
Cash $40,000.00
PP&E, Net
Total $40,000.00

Liabilities & Equity
Debt
Equity $40,000.00
Total $40,000.00

Income Statement

Revenue

Expenses
1
2
3
4
Total Expenses

Pre-tax income
Taxes
Net Income

**Cash Flow **

Cash flow from Operations
Net Income
Depreciation
Cash flow from Operations

Cash flow from Investments
Purchase from PP&E
Cash flow from Investments

Cash flow from Financing
Draw/(Pay Down) Debt
Cash flow from Financing

Total Change in Cash