Exam (elaborations) Wall Street Prep Premium

8/17/25, 2:13 AM Wall Street Prep Premium Exam QUESTIONS AND VERIFIED ANSWERS 2025(GRADED A+) DETAILED ANSWERS!! Flashcards…




Wall Street Prep Premium Exam QUESTIONS AND
VERIFIED ANSWERS 2025(GRADED A+) DETAILED
ANSWERS




What is generally not Extraordinary gains/losses
considered to be a pre-tax
non-recurring (unusual
or
infrequent) item?
what is false about D&A may be classified within interest expense
depreciation and
amortization
Company X's current assets a decrease of 15 million
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
the final component of an interest expense affects net income, which affects FCF,
earnings which affects the amount of debt a company pays down,
projection model is
which, in turn affects the interest expense, hence the
calculating interest
circular reference
expense. the calculation
may create a circular
reference because
a 10-q financial filing has all of issued four times a year.
the following characteristics
except



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,8/17/25, 2:13 AM Wall Street Prep Premium Exam QUESTIONS AND VERIFIED ANSWERS 2025(GRADED A+) DETAILED ANSWERS!! Flashcards…



If a company has projected 45%
revenues of $10 billion, a
gross profit margin of
65%, and
projected SG&A expenses
of $2billion, what is the
company's operating
(EBIT) margin?
A company has the following 36.5
information, 1. 2014 revenues
of $5 billion,2013 Accounts
receivable of $400 million,
2014 accounts receivable of
$600 million, what are the
days sales outstanding
A company has the following 65.7 days
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?
Which of the following is true Coca Cola's brand name is not reflected as an intangible asset on
its balance sheet




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, 8/17/25, 2:13 AM Wall Street Prep Premium Exam QUESTIONS AND VERIFIED ANSWERS 2025(GRADED A+) DETAILED ANSWERS!! Flashcards…

A company has the following 60.6 million
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?



non-controlling interest is an expense on the income statement and equity o the balance
sheet
A company has the following 15 billion
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?
in order to find out how beginning cash balance + pre-debt cash flows - min.
much cash is available to cash balance - required principal payments of LT and
pay down short term debt, other debt
such as revolving credit line,
you must take
to calculate interest expense apply a weighted average interest rate times the
in the future, you should average debt balance over the course of the year
do which of the following
enterprise (transaction) value of all capital invested in a business
value represents the:




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