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Adventis Financial Modeling Course
EXAM Questions and Answers (Verified
Answers) (Latest Update 2025) UPDATE!!
Cash on Cash Multiple - (ANSWER)How much an investor receives in proceeds
upon exiting the investment compared to its initial investment; it is not
dependent on when the exit actually occurs
Income Statement - (ANSWER)Presents the results from operations (profitability)
over a period of time. Purpose is to show stakeholders whether the company
made or lost money during the period being reported. Represents how revenues
are transformed into Net Income.
Revenue - (ANSWER)The amount charged for the delivery of a good or service.
Cost of Goods Sold (COGS) - (ANSWER)Direct cost of producing revenue (raw
materials, etc).
Gross Profit - (ANSWER)Revenue less cost of sales. Indicated how effeciently
labor and supplies are used in production.
Operating Expenses - (ANSWER)All other expenses required to run the business
Non-Operating Expenses - (ANSWER)Expenses or income not related to the
regular business of the company.
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Corporate Taxes - (ANSWER)Local and federal taxes the company incurs.
Net Income (Net Earnings) - (ANSWER)Revenue less all expenses of the company;
indicated the increase in shareholders value resulting from operations.
Balance Sheet - (ANSWER)Shows and organizatios financial position at a
particular point in time. It discloses the resources an organization controls (assets)
and claims on those reasources (liabilities and equity).
Accounts Receivable - (ANSWER)The amount owed to an organization from the
sale of its product or services.
Fixed Assets - (ANSWER)Value of assets and property that cannot easily be
converted into cash.
Accounts Payable - (ANSWER)Amount owed to an organization's vendors.
Debt - (ANSWER)Amount of obligations owed to creditors.
Equity - (ANSWER)Cumulative shareholder investment plus cumulative net
income.
Adventis Financial Modeling Course
EXAM Questions and Answers (Verified
Answers) (Latest Update 2025) UPDATE!!
Cash on Cash Multiple - (ANSWER)How much an investor receives in proceeds
upon exiting the investment compared to its initial investment; it is not
dependent on when the exit actually occurs
Income Statement - (ANSWER)Presents the results from operations (profitability)
over a period of time. Purpose is to show stakeholders whether the company
made or lost money during the period being reported. Represents how revenues
are transformed into Net Income.
Revenue - (ANSWER)The amount charged for the delivery of a good or service.
Cost of Goods Sold (COGS) - (ANSWER)Direct cost of producing revenue (raw
materials, etc).
Gross Profit - (ANSWER)Revenue less cost of sales. Indicated how effeciently
labor and supplies are used in production.
Operating Expenses - (ANSWER)All other expenses required to run the business
Non-Operating Expenses - (ANSWER)Expenses or income not related to the
regular business of the company.
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Corporate Taxes - (ANSWER)Local and federal taxes the company incurs.
Net Income (Net Earnings) - (ANSWER)Revenue less all expenses of the company;
indicated the increase in shareholders value resulting from operations.
Balance Sheet - (ANSWER)Shows and organizatios financial position at a
particular point in time. It discloses the resources an organization controls (assets)
and claims on those reasources (liabilities and equity).
Accounts Receivable - (ANSWER)The amount owed to an organization from the
sale of its product or services.
Fixed Assets - (ANSWER)Value of assets and property that cannot easily be
converted into cash.
Accounts Payable - (ANSWER)Amount owed to an organization's vendors.
Debt - (ANSWER)Amount of obligations owed to creditors.
Equity - (ANSWER)Cumulative shareholder investment plus cumulative net
income.