Wall Street Prep Premium
Exam 100% VERIFIED
CORRECT ANSWERS
2024/2025
What is generally not considered to be a pre-tax non-recurring (unusual or
infrequent) item?
Extraordinary gains/losses
what is false about depreciation and amortization
D&A may be classified within interest expense
Company X's current assets increased by $40 million from 2007-2008 while the
companies current liabilities increased by $25 million over the same period. the
cash impact of the change in working capital was
a decrease of 15 million
the final component of an earnings projection model is calculating interest
expense. the calculation may create a circular reference because
interest expense affects net income, which affects FCF, which affects the amount of
debt a company pays down, which, in turn affects the interest expense, hence the
circular reference
a 10-q financial filing has all of the following characteristics except
issued four times a year.

Depreciation Expense found in the SG&A line of the income statement for a
manufacturing firm would most likely be attributable to which of the following
computers used by the accounting department
If a company has projected revenues of $10 billion, a gross profit margin of 65%,
and projected SG&A expenses of $2billion, what is the company's operating
(EBIT) margin?
45%
A company has the following information, 1. 2014 revenues of $5 billion,2013
Accounts receivable of $400 million, 2014 accounts receivable of $600 million,
what are the days sales outstanding
36.5
A company has the following information:
• 2014 Revenues of $8 billion
• 2014 COGS of $5 billion
• 2013 Accounts receivable of $400 million
• 2014 Accounts receivable of $600 million
• 2013 Inventories of $1 billion
• 2014 Inventories of $800 million
• 2013 Accounts payable of $250 million
• 2014 Accounts payable of $300 million
What are the inventory days for the company?
65.7 days
Which of the following is true
Coca Cola's brand name is not reflected as an intangible asset on its balance sheet

A company has the following information:
• 2014 share repurchase plan of $4 billion
• Average share price of $60 for the year 2013
• Expected EPS growth for 2014 of 10%
What should the number of shares repurchased by the company be in your
financial model?
60.6 million
non-controlling interest
is an expense on the income statement and equity o the balance sheet
A company has the following information:
• 2013 retained earnings balance of $12 billion
• Net income of $3.5 billion in 2014
• Capex of $200 million in 2014
• Preferred dividends of $100 million in 2014
• Common dividends of $400 million in 2014
What is the retained earnings balance at the end of 2014?
15 billion
in order to find out how much cash is available to pay down short term debt, such
as revolving credit line, you must take
beginning cash balance + pre-debt cash flows - min. cash balance - required principal
payments of LT and other debt
to calculate interest expense in the future, you should do which of the following
apply a weighted average interest rate times the average debt balance over the course
of the year
enterprise (transaction) value represents the:

Loading page 4...

2024-2025 Wall Street Prep Premium Exam with Answers (50 Solved Questions)

Study Now!

Document Details

Related Documents

Wiley Series 57 Securities Licensing Exam Review 2020 + Test Bank (2020)

Police Officer Exam For Dummies, 2nd Edition (2022)

California Real Estate License Express: All-in-One Review and Testing (2020)

ACFT For Dummies (2020)

Securities Industry Essentials Exam 2023-2024 For Dummies (2022)

College Admission 101: Expert Advice for the New Challenges in Admissions, Testing, Financial Aid, and More (2022)

Beautiful Union Study Guide: A Practical Companion for Deep Reflection, Good Conversation, and Tough Questions You Really Want to Ask (2023)

Maryland Home Improvement Practice Exam with Answers (194 Solved Questions)

Carolyn Cross Assessment Mine Pracitce Exam with Answers (125 Solved Questions)

IICL Container Inspector's Pracice Exam with Answers (80 Solved Questions)