WALL STREET PREP PREMIUM EXAM
WITH VERIFIED SOLUTIONS
What kis kgenerally knot kconsidered kto kbe ka kpre-tax knon-recurring k(unusual kor
kinfrequent) kitem? k- kcorrect kanswers-Extraordinary kgains/losses
what kis kfalse kabout kdepreciation kand kamortization k- kcorrect kanswers-D&A kmay
kbe kclassified kwithin kinterest kexpense
Company kX's kcurrent kassets kincreased kby k$40 kmillion kfrom k2007-2008 kwhile
kthe kcompanies kcurrent kliabilities kincreased kby k$25 kmillion kover kthe ksame
kperiod. kthe kcash kimpact kof kthe kchange kin kworking kcapital kwas k- kcorrect
kanswers-a kdecrease kof k15 kmillion
, the kfinal kcomponent kof kan kearnings kprojection kmodel kis kcalculating kinterest
kexpense. kthe kcalculation kmay kcreate ka kcircular kreference kbecause k- kcorrect
kanswers-interest kexpense kaffects knet kincome, kwhich kaffects kFCF, kwhich
kaffects kthe kamount kof kdebt ka kcompany kpays kdown, kwhich, kin kturn kaffects
kthe kinterest kexpense, khence kthe kcircular kreference
a k10-q kfinancial kfiling khas kall kof kthe kfollowing kcharacteristics kexcept k- kcorrect
kanswers-issued kfour ktimes ka kyear.
Depreciation kExpense kfound kin kthe kSG&A kline kof kthe kincome kstatement kfor ka
kmanufacturing kfirm kwould kmost klikely kbe kattributable kto kwhich kof kthe kfollowing
k- kcorrect kanswers-computers kused kby kthe kaccounting kdepartment
If ka kcompany khas kprojected krevenues kof k$10 kbillion, ka kgross kprofit kmargin kof
k65%, kand kprojected kSG&A kexpenses kof k$2billion, kwhat kis kthe kcompany's
koperating k(EBIT) kmargin? k- kcorrect kanswers-45%
A kcompany khas kthe kfollowing kinformation, k1. k2014 krevenues kof k$5 kbillion,2013
kAccounts kreceivable kof k$400 kmillion, k2014 kaccounts kreceivable kof k$600
kmillion, kwhat kare kthe kdays ksales koutstanding k- kcorrect kanswers-36.5
A kcompany khas kthe kfollowing kinformation:
• k2014 kRevenues kof k$8 kbillion
• k2014 kCOGS kof k$5 kbillion
• k2013 kAccounts kreceivable kof k$400 kmillion
• k2014 kAccounts kreceivable kof k$600 kmillion
• k2013 kInventories kof k$1 kbillion
• k2014 kInventories kof k$800 kmillion
• k2013 kAccounts kpayable kof k$250 kmillion
• k2014 kAccounts kpayable kof k$300 kmillion
What kare kthe kinventory kdays kfor kthe kcompany? k- kcorrect kanswers-65.7 kdays
Which kof kthe kfollowing kis ktrue k- kcorrect kanswers-Coca kCola's kbrand kname kis
knot kreflected kas kan kintangible kasset kon kits kbalance ksheet
A kcompany khas kthe kfollowing kinformation:
• k2014 kshare krepurchase kplan kof k$4 kbillion
• kAverage kshare kprice kof k$60 kfor kthe kyear k2013
• kExpected kEPS kgrowth kfor k2014 kof k10%
What kshould kthe knumber kof kshares krepurchased kby kthe kcompany kbe kin kyour
kfinancial kmodel? k- kcorrect kanswers-60.6 kmillion
non-controlling kinterest k- kcorrect kanswers-is kan kexpense kon kthe kincome
kstatement kand kequity ko kthe kbalance ksheet
WITH VERIFIED SOLUTIONS
What kis kgenerally knot kconsidered kto kbe ka kpre-tax knon-recurring k(unusual kor
kinfrequent) kitem? k- kcorrect kanswers-Extraordinary kgains/losses
what kis kfalse kabout kdepreciation kand kamortization k- kcorrect kanswers-D&A kmay
kbe kclassified kwithin kinterest kexpense
Company kX's kcurrent kassets kincreased kby k$40 kmillion kfrom k2007-2008 kwhile
kthe kcompanies kcurrent kliabilities kincreased kby k$25 kmillion kover kthe ksame
kperiod. kthe kcash kimpact kof kthe kchange kin kworking kcapital kwas k- kcorrect
kanswers-a kdecrease kof k15 kmillion
, the kfinal kcomponent kof kan kearnings kprojection kmodel kis kcalculating kinterest
kexpense. kthe kcalculation kmay kcreate ka kcircular kreference kbecause k- kcorrect
kanswers-interest kexpense kaffects knet kincome, kwhich kaffects kFCF, kwhich
kaffects kthe kamount kof kdebt ka kcompany kpays kdown, kwhich, kin kturn kaffects
kthe kinterest kexpense, khence kthe kcircular kreference
a k10-q kfinancial kfiling khas kall kof kthe kfollowing kcharacteristics kexcept k- kcorrect
kanswers-issued kfour ktimes ka kyear.
Depreciation kExpense kfound kin kthe kSG&A kline kof kthe kincome kstatement kfor ka
kmanufacturing kfirm kwould kmost klikely kbe kattributable kto kwhich kof kthe kfollowing
k- kcorrect kanswers-computers kused kby kthe kaccounting kdepartment
If ka kcompany khas kprojected krevenues kof k$10 kbillion, ka kgross kprofit kmargin kof
k65%, kand kprojected kSG&A kexpenses kof k$2billion, kwhat kis kthe kcompany's
koperating k(EBIT) kmargin? k- kcorrect kanswers-45%
A kcompany khas kthe kfollowing kinformation, k1. k2014 krevenues kof k$5 kbillion,2013
kAccounts kreceivable kof k$400 kmillion, k2014 kaccounts kreceivable kof k$600
kmillion, kwhat kare kthe kdays ksales koutstanding k- kcorrect kanswers-36.5
A kcompany khas kthe kfollowing kinformation:
• k2014 kRevenues kof k$8 kbillion
• k2014 kCOGS kof k$5 kbillion
• k2013 kAccounts kreceivable kof k$400 kmillion
• k2014 kAccounts kreceivable kof k$600 kmillion
• k2013 kInventories kof k$1 kbillion
• k2014 kInventories kof k$800 kmillion
• k2013 kAccounts kpayable kof k$250 kmillion
• k2014 kAccounts kpayable kof k$300 kmillion
What kare kthe kinventory kdays kfor kthe kcompany? k- kcorrect kanswers-65.7 kdays
Which kof kthe kfollowing kis ktrue k- kcorrect kanswers-Coca kCola's kbrand kname kis
knot kreflected kas kan kintangible kasset kon kits kbalance ksheet
A kcompany khas kthe kfollowing kinformation:
• k2014 kshare krepurchase kplan kof k$4 kbillion
• kAverage kshare kprice kof k$60 kfor kthe kyear k2013
• kExpected kEPS kgrowth kfor k2014 kof k10%
What kshould kthe knumber kof kshares krepurchased kby kthe kcompany kbe kin kyour
kfinancial kmodel? k- kcorrect kanswers-60.6 kmillion
non-controlling kinterest k- kcorrect kanswers-is kan kexpense kon kthe kincome
kstatement kand kequity ko kthe kbalance ksheet
