1
WALL STREET PREP COMPLETE EXAM / COMPLETED
WALL STREET EXAM QUESTIONS AND VERIFIED
SOLUTIONS 2025 (BEST FOR REVISION !!!)
What is generally not considered to be a pre-tax non-recurring (unusual or
infrequent) item? - (answers)Extraordinary gains/losses
what is false about depreciation and amortization - (answers)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 - (answers)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 -
(answers)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 -
(answers)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 -
(answers)computers used by the accounting department
, 2
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? - (answers)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 - (answers)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? - (answers)65.7 days
Which of the following is true - (answers)Coca Cola's brand name is not reflected
as an intangible asset on its balance sheet
WALL STREET PREP COMPLETE EXAM / COMPLETED
WALL STREET EXAM QUESTIONS AND VERIFIED
SOLUTIONS 2025 (BEST FOR REVISION !!!)
What is generally not considered to be a pre-tax non-recurring (unusual or
infrequent) item? - (answers)Extraordinary gains/losses
what is false about depreciation and amortization - (answers)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 - (answers)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 -
(answers)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 -
(answers)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 -
(answers)computers used by the accounting department
, 2
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? - (answers)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 - (answers)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? - (answers)65.7 days
Which of the following is true - (answers)Coca Cola's brand name is not reflected
as an intangible asset on its balance sheet
