MODELING FINAL PAPER SOLVED
QUESTIONS WITH FULL PRACTICE
SOLUTION
●● 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
●● Prepaid Expenses
Answer: asset
●● Accounts Receivable
Answer: asset
●● Inventory
Answer: asset
●● PP&E
Answer: asset
●● Accounts Payable
Answer: liability