WallStreet Prep: Analyzing Financial Reports Exams Correctly Answered

True or false: 10-Q's must be filed four times a year for publicly traded companies. - CORRECT ANS False; only 3x a year True or False: Both the 10-K and 10-Q filings are audited. - CORRECT ANS 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. - CORRECT ANS False True or false: For large accelerated filers, 10-K's must be filed no later than 90 days after the fiscal year-end date. - CORRECT ANS False; for large accelerated filers, 10-Ks must be filed not later than 60 days after the fiscal year-end date. True or false: For accelerated filers, 10-K's must be filed no later than 90 days after the fiscal year end date. - CORRECT ANS False; For accelerated filers, 10-K's must be filed no later than 60 days after the fiscal year-end date. Companies often produce glossy annual reports. True or false: These reports cannot contain information not included in the 10-K. - CORRECT ANS False Part I of the 10-K contains the Management Discussion & Analysis section, while Part II contains the Financial statements and Footnotes. - CORRECT ANS False It is 4/18/2014. What are the revenues Google reported on its latest available quarterly financials (use revenues for the latest three months)? Enter as a positive number in millions without $ sign or comma separator (Ex: 2345) - CORRECT ANS Google reported $15,420 million in revenues -- Source filing: 4/16/14 8-k Did Google eliminate stock-based compensation expense when calculating its NonGAAP EPS on its latest available quarterly financials? - CORRECT ANS yes; Reconciliation is available in the 8-K PR Does Google provide this GAAP to non-GAAP reconciliation in its latest 10-K? - CORRECT ANS no It is 4/18/2014. What is Google's latest available actual share count (include both classes)? Please provide your answer without comma separator or decimal (Ex: ) - CORRECT ANS Answer: 280,844,569 + 55,800,053 = - date is March 17, 2014, per the March 28 2014 proxy. It is 1/15/2014. What is Apple's latest available actual share count? Please provide your answer without comma separator or decimal (Ex: ) - CORRECT ANS 892,553,950 - Source filing: 1/10/14 DEF 14A It is 4/18/2014. What is Google's latest available number of exercisable stock options? Please provide your answer without comma separator or decimal (Ex: ) - CORRECT ANS 3,795,911 - per the company's 2013 10-K, p. 80 It is 4/18/2014. What is Tesla's latest available number of exercisable stock options? Please provide your answer without comma separator or decimal (Ex: ) - CORRECT ANS 10,714,106 - per the company's 2013 10-K, p. 114 What is the date and name of the first filing Facebook made in relation to its acquisition of ? - CORRECT ANS 8-K, February 19, 2014 How much cash consideration (not including Facebook shares or RSUs) is to be provided to according to the first document filed with the SEC regarding the acquisition? Please provide your answer in billions, without comma separator or decimal (Ex: 13) - CORRECT ANS $4 billion - Source filing: FB 2/19/14 8-K