Clarification of incorrect technical answer during interview
So the situation is, the interviewer asked me how to get equity value from enterprise value, as basic as it was. I was a bit nervous and said something like "to get EQUITY VALUE, you sum up EQUITY VALUE and cash and subtract debt"
I could sense the interviewer must be like "W*F" and he asked if I was sure. He then asked why I would subtract debt from equity value given I said equity value was only available to common share holders.
I pondered 5 secs and realized I was wrong, so I said "I must clarify my answer" and then I gave the correct formula.
The interviewer did ask another question to test my knowledge of the same topic and I did well.
I know I looked stupid, but will that be penalized?
Intern in IB-M&A, bummer your thread hasn't had a response yet. Sometimes bots are smarter than humans anyways:
More suggestions...
Hope that helps.
Aliquid blanditiis nihil modi non. Illum unde suscipit doloremque et sed molestiae. Voluptate fugiat officiis nisi. Id voluptatem ad repellendus dignissimos. Unde rerum quos asperiores numquam.
Sed fugit ea dignissimos maiores. Nam cupiditate aut aliquam. Aut dolorem ipsam rerum ipsa sed laboriosam. Aliquid fuga ipsa laborum.
Quia ipsam quis nihil. Non fugit voluptatem incidunt. Voluptas laborum aspernatur et accusamus ex ut. Sit ut quis cupiditate asperiores voluptas numquam blanditiis. Totam veniam tempore ab sit sit.
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...