FI 3300 – Final Exam Review, 2026 – Comprehensive Study Material

FI 3300 – Final Exam Review, 2026 – Comprehensive Study Material


Cash flow of OPERATIONS - correct answer ✔✔ Net Income

+Depreciation Expense

-(∆ in AR)

-(∆ in Inventory)

+(∆ in AP)

+(∆ in Accruals)

=THIS



Calculate: Cash flow of FINANCING Activities - correct answer ✔✔ 0

+(∆ in NP)

+(∆ in Current LTD)

+(∆ in LTD)

+(∆ in CS)

-Dividends

=THIS



Calculate: Cash flow of INVESTING Activities - correct answer ✔✔ 0

-(∆ in Gross FA)

=THIS



Calculate: Statement of Cash Flows - correct answer ✔✔ 0

+ Total CF From Operations

+ Total CF From Financing

+ Total CF From Investing

, = THIS



Calculate: Net Income/ Create An Income Statement - correct answer ✔✔ Sales

-COGS

=Gross Profit

-Depreciation

-Operating Expenses

=Operating Profit (EBIT)

-Interest Expense

=EBT

-Tax

=Net Income



Calculate: WACC - correct answer ✔✔ [(WD x RD) (1-T)] + [ WE x RE ]



R(Debt)= Find r (cost of debt)

N= # of years x PMT frequency

R=? Solve for r. Then Multiply by PMT frequency.

PV= ($ bond is sold for)

PMT= [Coupon Rate x Face Value] / PMT frequency (for ex: semi-annually, annually, monthly)

FV= (typically 1000)



R(Equity)= Find r (cost of equity) 2 WAYS



CAPM= risk-free rate + Beta (risk premium - risk-free rate)