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WALL STREET PREP FINANCIAL
STATEMENT MODELING EXAM
SCRIPT TESTED QUESTIONS
VERIFIED SOLUTIONS

⩥ Gross Profit. Answer: Revenue - COGS


⩥ EBIT. Answer: [Revenue - COGS] - Operating Expenses - D&A


⩥ Pretax Profit. Answer: [Revenue - COGS - Operating Expenses -
D&A] + Interest Income - Interest Expense - Other Expense


⩥ Net Income. Answer: [Revenue - COGS - Operating Expenses +
Interest Income - Interest Expense - Other Expense] - Taxes


⩥ EBITDA. Answer: [Revenue - COGS - Operating Expenses - D&A] +
D&A


⩥ Adjusted EBITDA. Answer: [Revenue - Cogs - Operating Expenses -
D&A + D&A] + Stock Based Compensation


⩥ Cash. Answer: asset

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