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2024-2025 Wall Street Prep Premium Exam with Answers (50 Solved Questions)

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    Wall Street Pr ep Premium Exam 100% VERIFIED CORRECT ANSWERS 2024/2025 What is generally not considered to be a pre - tax non - recurring (unusual or infrequent) item? Extraordinary gains/losses what is false about depreciation and amortization D&A may be classified within interest expense Company X's curren t 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 a decrease of 15 million the final component of an earnings project ion model is calculating interest expense. the calculation may create a circular reference because 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, he nce the circular reference a 10 - q financial filing has all of the following characteristics except issued four times a year.

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    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 computers used by the accounting department If a company has projected 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? 45% A company has the following information, 1. 2014 revenues of $5 billion,2013 Accounts receivable of $400 million, 2014 accounts receivable of $600 million, what are the days sal es outstanding 36.5 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 o f $800 million • 2013 Accounts payable of $250 million • 2014 Accounts payable of $300 million What are the inventory days for the company? 65.7 days Which of the following is true Coca Cola's brand name is not reflected as an intangible asset on its balan ce sheet

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    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 financi al model? 60.6 million non - controlling interest 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 $2 00 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? 15 billion in order to find out how much cash is available to pay down short term debt, su ch as revolving credit line, you must take 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 apply a weighte d average interest rate times the average debt balance over the course of the year enterprise (transaction) value represents the:

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