Investment Banking Flashcards

1,000 Investment Banking flashcards, written to the same audited standard as KomFi's question banks: precise, decontextualized answers you can memorize verbatim — formulas rendered in real math notation, concepts deduplicated so every card earns its slot. Study them with progress tracking, got-it filtering, and cross-device resume.

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Sample card prompts

  • What formula is used to calculate Days Inventory Outstanding (DIO)?
  • How is the Cash Conversion Cycle (CCC) calculated using days-outstanding ratios?
  • In the context of ROIC, what is the formula for Net Operating Profit After Tax (NOPAT)?
  • How is 'Invested Capital' defined in the ROIC denominator?
  • According to value creation analysis, a company creates economic value when its ROIC is greater than its [formula].
  • What is the formula for Return on Equity (ROE)?
  • Which decomposition breaks Return on Equity into Profit Margin, Asset Turnover, and Leverage?
  • In the DuPont formula, what does the 'Equity Multiplier' represent?
  • Why is Depreciation and Amortization (D&A) added back in the Unlevered Free Cash Flow formula?
  • In the UFCF formula, how is the tax amount calculated to remain capital-structure neutral?
  • How does a decrease in Net Working Capital (NWC) affect a company's free cash flow?
  • Formula: Free Cash Flow Yield

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