WallStreet Prep: Analyzing Financial Reports Exam Questions and Answers

WallStreet Prep: Analyzing Financial Reports Exam Questions and Answers True or false: 10-Q's must be filed four times a year for publicly traded companies. False; only 3x a year True or False: Both the 10-K and 10-Q filings are audited. False; only 10-K filings are audited True or false: All publicly traded companies and private companies with revenues greater than $850m must file 10-K's annually with the SEC. False True or false: For large accelerated filers, 10-K's must be filed no later than 90 days after the fiscal year-end date. False; for large accelerated filers, 10-Ks must be filed not later than 60 days after the fiscal year-end date. True or false: For accelerated filers, 10-K's must be filed no later than 90 days after the fiscal year end date. False; For accelerated filers, 10-K's must be filed no later than 60 days after the fiscal year-end date. Companies often produce glossy annual reports. True or false: These reports cannot contain information not included in the 10-K. False Part I of the 10-K contains the Management Discussion & Analysis section, while Part II contains the Financial statements and Footnotes. False It is 4/18/2014. What are the revenues Google reported on its latest available quarterly financials (use revenues for the latest three months)? Enter as a positive number in millions without $ sign or comma separator (Ex: 2345) Google reported $15,420 million in revenues -- Source filing: 4/16/14 8-k Did Google eliminate stock-based compensation expense when calculating its Non-GAAP EPS on its latest available quarterly financials? yes; Reconciliation is available in the 8-K PR Does Google provide this GAAP to non-GAAP reconciliation in its latest 10-K? no It is 4/18/2014. What is Google's latest available actual share count (include both classes)? Please provide your answer without comma separator or decimal (Ex: ) Answer: 280,844,569 + 55,800,053 = - date is March 17, 2014, per the March 28 2014 proxy.