Wall Street Prep Premium Exam 2026/2027 |
Accurate Detailed Solutions | Graded A+ |
Approved Pass
Exam
This document provides comprehensive preparation for the Wall Street Prep Premium
Package Financial Modeling Certification Examination, featuring accurate detailed
solutions graded A+ for an approved pass in the 2026/2027 certification cycle. It covers
financial statement analysis and modeling, discounted cash flow (DCF) valuation,
comparable companies and precedent transactions analysis, leveraged buyout (LBO)
modeling, M&A modeling and accretion/dilution analysis, advanced Excel and modeling
best practices, accounting and corporate finance concepts, and integrated 3-statement
financial modeling according to current Wall Street Prep standards and investment
banking professional certification requirements. This essential tool offers authentic
certification exam simulation and systematic content review to ensure mastery of
financial modeling principles and success on your professional skills assessment.
What is generally not considered to be a pre-tax non-recurring (unusual
or infrequent) item? - ✔✔✔ANSW✔✔..Extraordinary gains/losses
what is false about depreciation and amortization -
✔✔✔ANSW✔✔..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 -
✔✔✔ANSW✔✔..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 - ✔✔✔ANSW✔✔..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 -
✔✔✔ANSW✔✔..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 - ✔✔✔ANSW✔✔..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? - ✔✔✔ANSW✔✔..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 -
✔✔✔ANSW✔✔..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? - ✔✔✔ANSW✔✔..65.7
days
Accurate Detailed Solutions | Graded A+ |
Approved Pass
Exam
This document provides comprehensive preparation for the Wall Street Prep Premium
Package Financial Modeling Certification Examination, featuring accurate detailed
solutions graded A+ for an approved pass in the 2026/2027 certification cycle. It covers
financial statement analysis and modeling, discounted cash flow (DCF) valuation,
comparable companies and precedent transactions analysis, leveraged buyout (LBO)
modeling, M&A modeling and accretion/dilution analysis, advanced Excel and modeling
best practices, accounting and corporate finance concepts, and integrated 3-statement
financial modeling according to current Wall Street Prep standards and investment
banking professional certification requirements. This essential tool offers authentic
certification exam simulation and systematic content review to ensure mastery of
financial modeling principles and success on your professional skills assessment.
What is generally not considered to be a pre-tax non-recurring (unusual
or infrequent) item? - ✔✔✔ANSW✔✔..Extraordinary gains/losses
what is false about depreciation and amortization -
✔✔✔ANSW✔✔..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 -
✔✔✔ANSW✔✔..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 - ✔✔✔ANSW✔✔..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 -
✔✔✔ANSW✔✔..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 - ✔✔✔ANSW✔✔..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? - ✔✔✔ANSW✔✔..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 -
✔✔✔ANSW✔✔..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? - ✔✔✔ANSW✔✔..65.7
days
