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
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