2025 FINANCIAL STATEMENT MODELING EXAM /ACTUAL EXAM FROM
WALL STREET PREP WITH 100% CORRECT AND VERIFIED ANSWERS
AND RATIONALES/ WSP FINANCIAL STATEMENT MODELING/LATEST
UPDATE 2025/2026
Questions 1-4 Will Refer To AEO's Latest 10K, Which You Can Download By Clicking Here.
Ignoring The Impact Of Stock Based Compensation Expense Included In Cost Of Sales, What Is Gross
Profit For The Year Ending 1/30/2016?
ACCURATE ANS>> $1,323,734
Questions 1-4 Refer To AEO's Latest 10K.
What Is Depreciation Expense For The Year Ending 1/30/2016?
ACCURATE ANS>> $140.6 Million
Questions 1-4 Refer To AEO's Latest 10K.
What Is AEO's Share Count On 3/7/2016?
ACCURATE ANS>> 180.7 Million
Questions 1-4 Refer To AEO's Latest 10K.
As Of 1/30/2016, What Is The Sum Of The Next 5 Years' Amortization Expenses Of AEO's Intangible
Assets?
ACCURATE ANS>> 17.3 Million
For Questions 5-16, It Is July 2017 And You Are An Investment Banking Analyst Tasked With Forecasting
The Financials Of American Eagle Outfitters. You Have Been Given A Partially Filled In Model Template.
Please Download It By Clicking Here.
,What Is Gross Profit For The Year Ending 1/31/2023?
ACCURATE ANS>> $1,709,188
Questions 5-16 Will Use The American Eagle Outfitters Model Template.
What Is SG&A For The Year Ending 1/31/2023?
ACCURATE ANS>> $1,298,397
Questions 5-16 Will Use The American Eagle Outfitters Model Template.
What Is D&A For The Year Ending 1/31/2025? Be Careful! This Question Is Asking For A Different Year
Than The Last Question.
ACCURATE ANS>> $240,500
Questions 5-16 Will Use The American Eagle Outfitters Model Template.
For The Purpose Of This Question Only, Instead Of Assuming A 20-Year Useful Life For Intangible Assets,
Assume A 4-Year Useful Life For All Newly Purchased Intangible Assets In The Forecast Period. What Is
Amortization Expense For The Year Ending 1/31/2025?
ACCURATE ANS>> $6,911
Questions 5-16 Will Use The American Eagle Outfitters Model Template.
What Is The Balance Of Total Current Assets Excluding Cash Minus Total Current Liabilities As Of
1/31/2025. Remember To Reset Your Model To Remove Assumptions Unique To The Last Question!
ACCURATE ANS>> $83,422
Questions 5-16 Will Use The American Eagle Outfitters Model Template.
What Is The Difference Between Cash From Operations And Net Income In The Year Ended 1/31/2023?
Be Careful! This Question Is Asking For A Different Year Than The Last Question.
ACCURATE ANS>> $252,623
Questions 5-16 Will Use The American Eagle Outfitters Model Template.
, What Is Cash From Investing Activities In The Year Ended 1/31/2023?
ACCURATE ANS>> ($219,647)
Questions 5-16 Will Use The American Eagle Outfitters Model Template.
What Is The First Year Of The Forecast Where AEO Does NO Buybacks?
ACCURATE ANS>> 01/31/21
Questions 5-16 Will Use The American Eagle Outfitters Model Template.
In What Year Of The Forecast Does AEO Need To Draw On The Revolver For The First Time?
ACCURATE ANS>> 01/31/22
Questions 5-16 Will Use The American Eagle Outfitters Model Template.
What Is Interest Expense In The Year Ending 1/31/2026? Be Careful! This Question Is Asking For A
Different Year Than A Prior Question.
ACCURATE ANS>> $6,171
Questions 5-16 Will Use The American Eagle Outfitters Model Template.
What Are Total Assets As Of 1/31/26? Be Careful! This Question Is Asking For A Different Year Than The
Previous Question.
ACCURATE ANS>> $1,804,243
Questions 5-16 Will Use The American Eagle Outfitters Model Template.
Assuming For The Purpose Of This Question Only That There Are No Buybacks During Any Forecast Year,
What Is The Basic Share Count On 1/31/2026?
ACCURATE ANS>> $203,663
WALL STREET PREP WITH 100% CORRECT AND VERIFIED ANSWERS
AND RATIONALES/ WSP FINANCIAL STATEMENT MODELING/LATEST
UPDATE 2025/2026
Questions 1-4 Will Refer To AEO's Latest 10K, Which You Can Download By Clicking Here.
Ignoring The Impact Of Stock Based Compensation Expense Included In Cost Of Sales, What Is Gross
Profit For The Year Ending 1/30/2016?
ACCURATE ANS>> $1,323,734
Questions 1-4 Refer To AEO's Latest 10K.
What Is Depreciation Expense For The Year Ending 1/30/2016?
ACCURATE ANS>> $140.6 Million
Questions 1-4 Refer To AEO's Latest 10K.
What Is AEO's Share Count On 3/7/2016?
ACCURATE ANS>> 180.7 Million
Questions 1-4 Refer To AEO's Latest 10K.
As Of 1/30/2016, What Is The Sum Of The Next 5 Years' Amortization Expenses Of AEO's Intangible
Assets?
ACCURATE ANS>> 17.3 Million
For Questions 5-16, It Is July 2017 And You Are An Investment Banking Analyst Tasked With Forecasting
The Financials Of American Eagle Outfitters. You Have Been Given A Partially Filled In Model Template.
Please Download It By Clicking Here.
,What Is Gross Profit For The Year Ending 1/31/2023?
ACCURATE ANS>> $1,709,188
Questions 5-16 Will Use The American Eagle Outfitters Model Template.
What Is SG&A For The Year Ending 1/31/2023?
ACCURATE ANS>> $1,298,397
Questions 5-16 Will Use The American Eagle Outfitters Model Template.
What Is D&A For The Year Ending 1/31/2025? Be Careful! This Question Is Asking For A Different Year
Than The Last Question.
ACCURATE ANS>> $240,500
Questions 5-16 Will Use The American Eagle Outfitters Model Template.
For The Purpose Of This Question Only, Instead Of Assuming A 20-Year Useful Life For Intangible Assets,
Assume A 4-Year Useful Life For All Newly Purchased Intangible Assets In The Forecast Period. What Is
Amortization Expense For The Year Ending 1/31/2025?
ACCURATE ANS>> $6,911
Questions 5-16 Will Use The American Eagle Outfitters Model Template.
What Is The Balance Of Total Current Assets Excluding Cash Minus Total Current Liabilities As Of
1/31/2025. Remember To Reset Your Model To Remove Assumptions Unique To The Last Question!
ACCURATE ANS>> $83,422
Questions 5-16 Will Use The American Eagle Outfitters Model Template.
What Is The Difference Between Cash From Operations And Net Income In The Year Ended 1/31/2023?
Be Careful! This Question Is Asking For A Different Year Than The Last Question.
ACCURATE ANS>> $252,623
Questions 5-16 Will Use The American Eagle Outfitters Model Template.
, What Is Cash From Investing Activities In The Year Ended 1/31/2023?
ACCURATE ANS>> ($219,647)
Questions 5-16 Will Use The American Eagle Outfitters Model Template.
What Is The First Year Of The Forecast Where AEO Does NO Buybacks?
ACCURATE ANS>> 01/31/21
Questions 5-16 Will Use The American Eagle Outfitters Model Template.
In What Year Of The Forecast Does AEO Need To Draw On The Revolver For The First Time?
ACCURATE ANS>> 01/31/22
Questions 5-16 Will Use The American Eagle Outfitters Model Template.
What Is Interest Expense In The Year Ending 1/31/2026? Be Careful! This Question Is Asking For A
Different Year Than A Prior Question.
ACCURATE ANS>> $6,171
Questions 5-16 Will Use The American Eagle Outfitters Model Template.
What Are Total Assets As Of 1/31/26? Be Careful! This Question Is Asking For A Different Year Than The
Previous Question.
ACCURATE ANS>> $1,804,243
Questions 5-16 Will Use The American Eagle Outfitters Model Template.
Assuming For The Purpose Of This Question Only That There Are No Buybacks During Any Forecast Year,
What Is The Basic Share Count On 1/31/2026?
ACCURATE ANS>> $203,663
