Transaction Comps Modeling Wall Street Prep PREMIUM Exam

Transaction Comps Modeling Wall Street Prep PREMIUM Exam A company has the following information: • 2014 Revenues of $8 billion • 2014 COGS of $5 billion • 2013 Accounts receivable of $400 million • 2014 Accounts receivable of $600 million • 2013 Inventories of $1 billion • 2014 Inventories of $800 million • 2013 Accounts payable of $250 million • 2014 Accounts payable of $300 million What are the inventory days for the company? - -answer-65.7 days Which of the following is true - -answer-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? - -answer-60.6 million non-controlling interest - -answer-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? - -answer-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 - -answer-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 - - answer-apply a weighted average interest rate times the average debt balance over the course of th