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PNC Financial Services Group

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PNC Financial Services Group interview question

1) "Describe how a recession would impact the balance sheet of a manufacturing company" 2) How would a decrease in net income affect a company's 3 financial statements"

Interview Answer

Anonymous

9 Nov 2010

1) Buzz words: Excess Capacity, Asset Depreciation, Increased Inventory, Decreased cash flow from operations - just walk through affects to the 3 income statements, its intuitive if your an Econ + Finance major, 2) Buy a vault guide and study it

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