Wall Street

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Wall Street Prep Premium Exam 2023 Questions with 100% correct Answers What is generally not considered to be a pre-tax non-recurring (unusual or infrequent) item? Extraordinary gains/losses what is false about depreciation and amortization 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 ...

Wall Street Prep Exam Questions and Answers Assets resources a company uses to operate its business includes cash, A/R, PP&E Liabilities represents the company's contractual obligations and includes A/P, debt, accrued expenses Shareholder's equity is the residual the value of the business available to the owners (shareholders) after debts have been paid off Income statement illustrates the profitability of the company over a specified period of time broad sense: sh...

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 ...