Wall Street Prep Premium Exam 2025 Questions with 100% correct Answers

Wall Street Prep Premium Exam 2025 Questions with 100% correct Answers What is generally not considered to be a pre-tax non-recurring (unusual or infrequent) item? -Correct Answer-Extraordinary gains/losses what is false about depreciation and amortization -Correct Answer-D&A may be classified within interest expense Company X's current assets increased by $40 million from while the companies current liabilities increased by $25 million over the same period. the cash impact of the change in working capital was -Correct Answer-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 -Correct Answer-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 -Correct 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 -Correct 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? -Correct Answer-45% A compan