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Lincoln Financial Group Mock Interview

Question 3 of 28 for our Lincoln Financial Group Mock Interview

Lincoln Financial Group was updated by on April 17th, 2020. Learn more here.

Question 3 of 28

How do you define working capital and why is it important for our clients here at Lincoln Financial Group to take this into consideration when evaluating their finances?

"While working capital is pretty simple in that is simply defined as an organization's current assets minus their current liabilities, many companies fail to see the importance in these simple numbers. My goal with clients here at Lincoln Financial Group would be to work them toward a positive working capital ratio as that allows them to have the finances on hand to grow and prosper in to the future."

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How to Answer: How do you define working capital and why is it important for our clients here at Lincoln Financial Group to take this into consideration when evaluating their finances?

Advice and answer examples written specifically for a Lincoln Financial Group job interview.

  • 3. How do you define working capital and why is it important for our clients here at Lincoln Financial Group to take this into consideration when evaluating their finances?

      How to Answer

      While it will be important for you to explain your knowledge of working capital, your interviewer will really be looking to hear your thoughts on why it is important for clients to consider as part of financial decision making processes. Give an overview of your personal thoughts on the importance of considering working capital while hitting on its ability to maximize an organizations efficiency and profitability.

      Written by Ryan Brunner on April 17th, 2020

      1st Answer Example

      "While working capital is pretty simple in that is simply defined as an organization's current assets minus their current liabilities, many companies fail to see the importance in these simple numbers. My goal with clients here at Lincoln Financial Group would be to work them toward a positive working capital ratio as that allows them to have the finances on hand to grow and prosper in to the future."

      Written by Ryan Brunner on April 17th, 2020

      2nd Answer Example

      "Working capital essentially tells me as a financial analyst about the organizations ability to meet financial obligations in the coming years and their ability to grow prosperously into the future. With accurate financial statements, subtracting liabilities from assets shows the overall health of the finances of an organizations and their ultimate direction for the future. I have a lot of great experience helping turn around organizations that have a negative working capital into a position position in a short amount of time. The clients here at Lincoln Financial Group could benefit greatly from that work into the future."