JPMorgan Chase Mock Interview
Practice 28 JPMorgan Chase interview questions covering technical skills, behavioral scenarios, and financial acumen.
Question 27 of 28
If you noticed that a company's balance sheet was showing increased amounts of accounts receivables, what future impacts to that company would you consider to be feasible?
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Ryan Brunner has over ten years of experience recruiting, interviewing, and hiring candidates in the healthcare, public service, and private manufacturing/distribution industries.
At the root of this question, your interview will be looking to hear that you understand how the different lines on a company's balance sheet are related to each other. In your answer, be sure to point out your understanding of this as your job as an analyst with JPMorgan Chase will rely on your ability to do so.
Ryan Brunner has over ten years of experience recruiting, interviewing, and hiring candidates in the healthcare, public service, and private manufacturing/distribution industries.
"An organization's lines on a balance sheet all have impact on other lines. In the case that I was made aware of an increase in accounts receivable for an organization, I would note that cash flow could be directly impacted and give a higher chance that the organization didn't have enough money to operate. As well, the reduced value of assets is a real possibility for that organization."
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The short answer is it depends. Initially, it could be seen as a positive because it displays money that is to be paid to us. In further analysis, it could be seen as a negative specifically to cash flow as this is only capital that will be paid to us down the line instead of in the current quarter.
Marcie's Feedback
Makes sense! Can you go into more detail about what this might mean for the company down the road? Consider also talking about the steps the company might take to mitigate any negatives from this situation. Good job!
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