Wall Street Prep Bundled Exams Questions and Answers 100% Verified

Wall Street Prep Latest Update with Verified Answers Assets resources a company uses to operate its business includes cash, A/R, PP&E Liabilities represents the company's contractual obligations and includes A/P, debt, accrued expenses Shareholder's equity is the residual the value of the busi...

Wall Street Prep Questions and Answers Graded A+ Do companies prefer straight-line or accelerated depreciation? For GAAP reporting purposes, companies generally prefer straight-line depreciation. That's because a company will record lower depreciation in the early years of the asset's life than i...

Road To Wall Street Prep Deck 100% Pass Types of Assets -Public Equity -Public Debt -Private Equity -Private Debt Asset Class Overview -Public / Private Equities -Public / Private Debt -Fixed Income -Cash/Cash Equivalents -Alternative Assets -Derivative Instruments Capital Stack -Debt is more "se...

Wall Street Prep: Accounting Crash Course Latest 2023 Graded A+ What is Accounting? Accounting is the language of business; it is a standard set of rules for measuring a company's financial performance. Assessing a company's financial performance is important for: The firm's officers (managers a...

Wall Street Prep: Excel 100% Verified Add/delete sheets alt-i-w OR alt h-i-s Moving around task ribbon Tab and shift (to select) Auto fit cell alt-h-o-i Custom fit columns alt h-o-w Custom fit rows alt h-o-h Select entire column/row ctrl shift-arrow key Format cells ctrl 1 Paste special alt e...

Wall Street Prep Accounting Latest 2023 Rated A+ FASB Financial Accounting Standards Board, which oversees GAAP through issuance of SFAS, oversight by the SEC SFAS Standard Financial Accounting Statements, issued by the FASB AA,P,C: Accounting Entity The assumption that a corporation is an entity ...

Wall Street Prep Accounting Latest 2023 Graded A+ Liquidity Ratios measures of a firm's short-term ability to meet its current obligations Profitability Ratios measures of a firm's profitability relative to its assets (operating efficiency) and to its revenue (operating profitability) Activity R...

Wall Street Prep Financial Statement Modeling (2022/2023) Graded A+ What is a financial statement model (FSM)? - Provides historical results and forecasts 3 parts: - Income Statement - Balance Sheet - Cash Flow Statement What can a FSM lead to? Can be directly used for models such as the - DCF mode...

Wall Street prep questions and answers graded A+ What is the keyboard shortcut to move sheets within a workbook? Alt H O M What is the keyboard shortcut to open the formatting cells dialog box? ctrl 1 What are the keyboard shortcuts for auto-fitting a range of columns? 1. Select the columns by hit...

Wall Street Prep: Excel Crash Course 100% Pass Keyboard Versus the Mouse Almost everything that can be done in Excel using a mouse can also be done using the keyboard shortcuts Best way to learn is to disconnect the mouse and work through Excel using only the keyboard Name Box Tells you what cell ...

Wall Street Prep – Excel (2022/2023) Graded A+ All of the following are keyboard shortcut that allow the user input to add more sheets to a workbook EXCEPT: Alt i w Alt h i s Shift F11 Alt Shift F1 Alt h i w Alt h i w What is a keyboard shortcut to open a file? Ctrl o Ctrl f Alt o Ctrl n ...

Wall Street Prep – Excel (2022/2023) Graded A+ All of the following are keyboard shortcut that allow the user input to add more sheets to a workbook EXCEPT: Alt i w Alt h i s Shift F11 Alt Shift F1 Alt h i w Alt h i w What is a keyboard shortcut to open a file? Ctrl o Ctrl f Alt o Ctrl n ...