WALL STREET PREP PREMIUM PRACTICE
SOLUTION SHEET 2026 QUESTIONS WITH
ANSWERS GRADED A+
⩥ Gross Profit. Answer: Revenue - COGS
⩥ EBIT. Answer: [Revenue - COGS] - Operating Expenses - D&A
⩥ Pretax Profit. Answer: [Revenue - COGS - Operating Expenses -
D&A] + Interest Income - Interest Expense - Other Expense
⩥ Net Income. Answer: [Revenue - COGS - Operating Expenses +
Interest Income - Interest Expense - Other Expense] - Taxes
⩥ EBITDA. Answer: [Revenue - COGS - Operating Expenses - D&A] +
D&A
⩥ Adjusted EBITDA. Answer: [Revenue - Cogs - Operating Expenses -
D&A + D&A] + Stock Based Compensation
⩥ Cash. Answer: asset
SOLUTION SHEET 2026 QUESTIONS WITH
ANSWERS GRADED A+
⩥ Gross Profit. Answer: Revenue - COGS
⩥ EBIT. Answer: [Revenue - COGS] - Operating Expenses - D&A
⩥ Pretax Profit. Answer: [Revenue - COGS - Operating Expenses -
D&A] + Interest Income - Interest Expense - Other Expense
⩥ Net Income. Answer: [Revenue - COGS - Operating Expenses +
Interest Income - Interest Expense - Other Expense] - Taxes
⩥ EBITDA. Answer: [Revenue - COGS - Operating Expenses - D&A] +
D&A
⩥ Adjusted EBITDA. Answer: [Revenue - Cogs - Operating Expenses -
D&A + D&A] + Stock Based Compensation
⩥ Cash. Answer: asset
