Exam (elaborations)
Trading Comps Modeling - WSP Exam
- Course
- Institution
Completed exam as of September 2024 with correct answers
[Show more]
Seller
Follow
Content preview
9/26/24, 9:31 PM Completed Exam | Wall Street Prep Back to Course | Exit to Learning Dashboard
Review: Trading Comps Modeling Exam
Certificate Awarded View Certificate
Question 1
The next two questions use data from Athenahealth financial filing, which can be downloaded by clicking here.
The next two questions will use the following scenario:
It is July 4, 2017 and you are asked to perform a company profile for Athenahealth (ATHN), with a latest closing share price of
$140.07. The company’s most recent earnings report was for the first quarter 2017 for the period ending 3/31/2017.
Calculate ATHN’s LTM Non-GAAP operating profit. Use the company’s own definition of Non-GAAP operating profit when arriving
at your calculations.
Hint: You only need the Q1 2017 and Q4 2016 press releases to answer this question.
26.6
27.4
130.1
132.3
154.3
Question 2
This question uses the same Athenahealth data as the previous question, which can be downloaded by clicking here.
This question uses the same scenario as the previous question, repeated below:
It is July 4, 2017 and you are asked to perform a company profile for Athenahealth (ATHN), with a latest closing share price of
$140.07. The company’s most recent earnings report was for the first quarter 2017 for the period ending 3/31/2017.
Calculate ATHN’s enterprise value.
Hint: You only need the Q1 2017 10Q and the 2016 10K to answer this question.
5,655.00
5,682.80
5,809.00
5,823.45
5,915.70
Question 3
A Company has the same level of Operating Income for Q1 of two consecutive years. However, for the more recent Q1, levels of
D&A dropped.
When you compare the Company’s most recent Q1 LTM EBIT and EBITDA to those of its last complete fiscal year, you would
expect:
LTM EBIT to increase, LTM EBITDA to decrease
https://www.wallstreetprep.com/completed-exam/?wsp_selection=76880&course_id=113785 1/6
The benefits of buying summaries with Stuvia:
Guaranteed quality through customer reviews
Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.
Quick and easy check-out
You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.
Focus on what matters
Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!
Frequently asked questions
What do I get when I buy this document?
You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.
Satisfaction guarantee: how does it work?
Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.
Who am I buying these notes from?
Stuvia is a marketplace, so you are not buying this document from us, but from seller jm5200. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for $12.49. You're not tied to anything after your purchase.
Can Stuvia be trusted?
4.6 stars on Google & Trustpilot (+1000 reviews)
77254 documents were sold in the last 30 days
Founded in 2010, the go-to place to buy study notes for 14 years now