Wall Street Prep Premium Exam 2023
Questions with 100% correct Answers
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 current 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 projection 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, hence the circular reference
a 10-q financial filing has all of the following characteristics except
issued four times a year.
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 sales 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 of $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 balance sheet
Questions with 100% correct Answers
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 current 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 projection 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, hence the circular reference
a 10-q financial filing has all of the following characteristics except
issued four times a year.
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 sales 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 of $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 balance sheet
