Trading Comps Modeling Exam Wall Street
Prep Premium Exam Questions and Answers
B
LU
What is generally not considered to be a pre-tax non-recurring (unusual or infrequent)
item? - ANSWER Extraordinary gains/losses
YC
what is false about depreciation and amortization - ANSWER
within interest expense
D&A may be classified
D
Company X's current assets increased by $40 million from 2007-2008 while the
TU
companies current liabilities increased by $25 million over the same period. the cash
impact of the change in working capital was - ANSWER a decrease of 15 million
ES
the final component of an earnings projection model is calculating interest expense. the
calculation may create a circular reference because - ANSWER interest expense
affects net income, which affects FCF, which affects the amount of debt a company pays
C
down, which, in turn affects the interest expense, hence the circular reference
A
a 10-q financial filing has all of the following characteristics except - ANSWER
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 -
ANSWER 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?
- ANSWER 45%
B
LU
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 - ANSWER 36.5
YC
A company has the following information:
• 2014 Revenues of $8 billion
D
• 2014 COGS of $5 billion
• 2013 Accounts receivable of $400 million
TU
• 2014 Accounts receivable of $600 million
• 2013 Inventories of $1 billion
• 2014 Inventories of $800 million
ES
• 2013 Accounts payable of $250 million
• 2014 Accounts payable of $300 million
What are the inventory days for the company? - ANSWER 65.7 days
C
A
Which of the following is true - ANSWER Coca Cola's brand name is not reflected as
an intangible asset on its balance sheet
A company has the following information:
• 2014 share repurchase plan of $4 billion
• Average share price of $60 for the year 2013
Prep Premium Exam Questions and Answers
B
LU
What is generally not considered to be a pre-tax non-recurring (unusual or infrequent)
item? - ANSWER Extraordinary gains/losses
YC
what is false about depreciation and amortization - ANSWER
within interest expense
D&A may be classified
D
Company X's current assets increased by $40 million from 2007-2008 while the
TU
companies current liabilities increased by $25 million over the same period. the cash
impact of the change in working capital was - ANSWER a decrease of 15 million
ES
the final component of an earnings projection model is calculating interest expense. the
calculation may create a circular reference because - ANSWER interest expense
affects net income, which affects FCF, which affects the amount of debt a company pays
C
down, which, in turn affects the interest expense, hence the circular reference
A
a 10-q financial filing has all of the following characteristics except - ANSWER
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 -
ANSWER 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?
- ANSWER 45%
B
LU
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 - ANSWER 36.5
YC
A company has the following information:
• 2014 Revenues of $8 billion
D
• 2014 COGS of $5 billion
• 2013 Accounts receivable of $400 million
TU
• 2014 Accounts receivable of $600 million
• 2013 Inventories of $1 billion
• 2014 Inventories of $800 million
ES
• 2013 Accounts payable of $250 million
• 2014 Accounts payable of $300 million
What are the inventory days for the company? - ANSWER 65.7 days
C
A
Which of the following is true - ANSWER Coca Cola's brand name is not reflected as
an intangible asset on its balance sheet
A company has the following information:
• 2014 share repurchase plan of $4 billion
• Average share price of $60 for the year 2013