rjqific
, 1. What is generally not considered to be a pre-tax non-recurring (unusual or infrequent)
item?: Extraordinary gains/losses
2. what is false about depreciation and amortization: D&A may be classified within interest
expense
3. 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
4. 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
5. a 10-q financial filing has all of the following characteristics except: issued four times a year.
6. 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
7. 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%
8. 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
9. 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
10. Which of the following is true: Coca Cola's brand name is not reflected as an intangible asset
on its balance sheet
11. A company has the following information:
• 2014 share repurchase plan of $4 billion
• Average share price of $60 for the year 2013
1/8
, 1. What is generally not considered to be a pre-tax non-recurring (unusual or infrequent)
item?: Extraordinary gains/losses
2. what is false about depreciation and amortization: D&A may be classified within interest
expense
3. 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
4. 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
5. a 10-q financial filing has all of the following characteristics except: issued four times a year.
6. 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
7. 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%
8. 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
9. 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
10. Which of the following is true: Coca Cola's brand name is not reflected as an intangible asset
on its balance sheet
11. A company has the following information:
• 2014 share repurchase plan of $4 billion
• Average share price of $60 for the year 2013
1/8
