Wall Street Bundled Exams with Complete Solution | Verified Answers | 2024

Which of the following keys IS NOT a way to trace precedent cells? - ANSWER Ctrl Alt [ Please select the answer that best describes the shortcut to Split (not freeze) an excel sheet into just two panes (top and bottom) To navigate from pane to pane - ANSWER 1. With the active cell on any row bu...

What is generally not considered to be a pre-tax non-recurring (unusual or infrequent) item? - Answer Extraordinary gains/losses what is false about depreciation and amortization - Answer D&A may be classified within interest expense Company X's current assets increased by $40 million from wh...

Extraordinary gains/losses & gains/losses on sale of assets are considered pre-tax or post tax line items? - Answer Extraordinary gains/losses = Post-tax Gains/losses on sale of assets = pre-tax The cash impact of the change in working capital is: - Answer The opposite sign (negative) A 10-Q i...

True or false: 10-Q's must be filed four times a year for publicly traded companies. - Answer False; only 3x a year True or False: Both the 10-K and 10-Q filings are audited. - Answer False; only 10-K filings are audited True or false: All publicly traded companies and private companies with r...

Insider trading occurs when - someone has information not available to the public which they use to profit from trading in stocks Mortimer and Randolph Duke, the two corrupt, septuagenarian brothers who run a - commodities brokerage house Which of the following a major factor influencing the gro...

Hard to find: workers with good soft skills: what criteria should a manager utilize to select the level of talent and ability required for a performer? - utilize use of interviews Hard to find: workers with good soft skills: how does designing a task for an exceptional worker place productivity a...

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 while the companie...

Walk me through the 3 financial statements. - "The 3 major financial statements are the Income Statement, Balance Sheet and Cash Flow Statement. The Income Statement gives the company's revenue and expenses, and goes down to Net Income, the final line on the statement. The Balance Sheet shows ...

Describe the 3 financial statements and discuss the connections each has to the others? - *Balance Sheet* The balance sheet shows a company's *assets, its liabilities and shareholders' equity*. It is a snapshot of a company at one point in time. *Income Statement* The income statement outline...