Depreciation goes up by $10. Walk me through the three statements. Nail this in sixty seconds and you've answered half the technical round.
There is one question that shows up in nearly every investment banking interview, in some disguise or another: depreciation increases by $10 β walk me through the three statements. It survives because you can't fake it. Either you know how the statements are wired together or you don't, and the answer takes about sixty seconds to reveal which.
β Educational, not financial advice.