WALL STREET PREP ANALYZING FINANCIAL
REPORTS ACTUAL TEST PAPER 2026
COMPLETE QUESTIONS AND SOLUTIONS
GRADED A+
◉ According to its 2013 10-K, how many more shares can Colgate
repurchase in the future under it share repurchase program?
Answer: 25,937,562
◉ According to Colgate's 2013 10-K, what factors led to lower
effective non-GAAP tax rate during the year as compared to the
company's effective GAAP tax rate?
I. 2012 Restructuring Program
II. Venezuela devaluation charge
III. Charges for French competition law matters
IV. Business realignment and other cost-saving initiatives Answer: I
and III only
◉ Colgate reported Diluted EPS of $2.38 in accordance with GAAP.
How much higher would EPS be if Colgate ignored the impact of
restructuring and other one-time charges during the period? Please
provide your answer with 2 decimal places, but without $ sign (Ex:
0.50) Answer: 0.46
, ◉ What was the weighted average interest rate Colgate faced on its
short-term borrowings in 2013? Enter with 1 decimal place and
with % sign (Ex: 9.9%) Answer: 2.2%
◉ Based on the company's 2013 10-K, how much long term debt is
maturing between 2014 and 2016? Please provide your answer in
millions without comma separator or decimal (Ex: 2345). Answer:
1641
◉ Colgate declared a common stock split during 2013. Answer: True
◉ How many Colgate options were outstanding as of December 31,
2013? Please provide your answer in thousands, without comma
separator or decimal (Ex: 23456) Answer: 42832
◉ As of December 31, 2013, how many deferred tax liabilities (net of
deferred tax assets) did Colgate have? Please provide your answer in
millions, without comma separator or decimal (Ex: 23456) Answer:
83
◉ The number of shares Colgate used to compute its 2013 diluted
EPS was:
Please provide your answer as found in the report without comma
separator with 1 decimal (Ex: 23.5) Answer: 939.9
REPORTS ACTUAL TEST PAPER 2026
COMPLETE QUESTIONS AND SOLUTIONS
GRADED A+
◉ According to its 2013 10-K, how many more shares can Colgate
repurchase in the future under it share repurchase program?
Answer: 25,937,562
◉ According to Colgate's 2013 10-K, what factors led to lower
effective non-GAAP tax rate during the year as compared to the
company's effective GAAP tax rate?
I. 2012 Restructuring Program
II. Venezuela devaluation charge
III. Charges for French competition law matters
IV. Business realignment and other cost-saving initiatives Answer: I
and III only
◉ Colgate reported Diluted EPS of $2.38 in accordance with GAAP.
How much higher would EPS be if Colgate ignored the impact of
restructuring and other one-time charges during the period? Please
provide your answer with 2 decimal places, but without $ sign (Ex:
0.50) Answer: 0.46
, ◉ What was the weighted average interest rate Colgate faced on its
short-term borrowings in 2013? Enter with 1 decimal place and
with % sign (Ex: 9.9%) Answer: 2.2%
◉ Based on the company's 2013 10-K, how much long term debt is
maturing between 2014 and 2016? Please provide your answer in
millions without comma separator or decimal (Ex: 2345). Answer:
1641
◉ Colgate declared a common stock split during 2013. Answer: True
◉ How many Colgate options were outstanding as of December 31,
2013? Please provide your answer in thousands, without comma
separator or decimal (Ex: 23456) Answer: 42832
◉ As of December 31, 2013, how many deferred tax liabilities (net of
deferred tax assets) did Colgate have? Please provide your answer in
millions, without comma separator or decimal (Ex: 23456) Answer:
83
◉ The number of shares Colgate used to compute its 2013 diluted
EPS was:
Please provide your answer as found in the report without comma
separator with 1 decimal (Ex: 23.5) Answer: 939.9