Wall Street Prep Premium Exam 2026/2027 |
Accurate Detailed Solutions | Graded A+ |
Approved Pass
Which of the following is true - ANSWERS-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
• Expected EPS growth for 2014 of 10%
What should the number of shares repurchased by the company be in your
financial model? - ANSWERS-60.6 million
non-controlling interest - ANSWERS-is an expense on the income statement
and equity o the balance sheet
A company has the following information:
• 2013 retained earnings balance of $12 billion
• Net income of $3.5 billion in 2014
• Capex of $200 million in 2014
• Preferred dividends of $100 million in 2014
• Common dividends of $400 million in 2014
What is the retained earnings balance at the end of 2014? - ANSWERS-15
billion
, in order to find out how much cash is available to pay down short term debt,
such as revolving credit line, you must take - ANSWERS-beginning cash
balance + pre-debt cash flows - min. cash balance - required principal
payments of LT and other debt
to calculate interest expense in the future, you should do which of the
following - ANSWERS-apply a weighted average interest rate times the
average debt balance over the course of the year
What is generally not considered to be a pre-tax non-recurring (unusual or
infrequent) item? - ANSWERS-Extraordinary gains/losses
what is false about depreciation and amortization - ANSWERS-D&A may be
classified within interest expense
Company X's current assets increased by $40 million from 2007-2008 while
the companies current liabilities increased by $25 million over the same
period. the cash impact of the change in working capital was - ANSWERS-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 -
ANSWERS-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 -
ANSWERS-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 - ANSWERS-computers used by the accounting department
Accurate Detailed Solutions | Graded A+ |
Approved Pass
Which of the following is true - ANSWERS-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
• Expected EPS growth for 2014 of 10%
What should the number of shares repurchased by the company be in your
financial model? - ANSWERS-60.6 million
non-controlling interest - ANSWERS-is an expense on the income statement
and equity o the balance sheet
A company has the following information:
• 2013 retained earnings balance of $12 billion
• Net income of $3.5 billion in 2014
• Capex of $200 million in 2014
• Preferred dividends of $100 million in 2014
• Common dividends of $400 million in 2014
What is the retained earnings balance at the end of 2014? - ANSWERS-15
billion
, in order to find out how much cash is available to pay down short term debt,
such as revolving credit line, you must take - ANSWERS-beginning cash
balance + pre-debt cash flows - min. cash balance - required principal
payments of LT and other debt
to calculate interest expense in the future, you should do which of the
following - ANSWERS-apply a weighted average interest rate times the
average debt balance over the course of the year
What is generally not considered to be a pre-tax non-recurring (unusual or
infrequent) item? - ANSWERS-Extraordinary gains/losses
what is false about depreciation and amortization - ANSWERS-D&A may be
classified within interest expense
Company X's current assets increased by $40 million from 2007-2008 while
the companies current liabilities increased by $25 million over the same
period. the cash impact of the change in working capital was - ANSWERS-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 -
ANSWERS-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 -
ANSWERS-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 - ANSWERS-computers used by the accounting department
