I recently had an interview with aand was asked some tough technical questions for a Summer Analyst position. I was not sure if I got them right so I wanted feedback from you guys who probably know about these topics at the back of your hand.
1) If a company lost a lawsuit and the SEC has imposed a $100 million fine, payable $20 million each year, How would it impact the 3 financial statements:
a) on Dec 31st
b) on Jan 1st
2) Buy pen for $8 with debt and sell it for $10....what is the Impact on financial statements immediately
3) How does 40% cash vs 60% cash affect the merger model ?