Exam (elaborations)
Wall Street Prep Premium Exam questions with answers graded A+ 2024/2025
- Course
- Institution
Wall Street Prep Premium Exam questions with answers graded A+ 2024/2025
[Show more]
Content preview
Wall Street Prep Premium ExamWhat is commonly now not taken into consideration to be a pre-tax non-routine (unusual or
rare) item? - ANSExtraordinary gains/losses
what's fake approximately depreciation and amortization - ANSD&A can be classified within
hobby expense
Company X's modern property accelerated with the aid of $forty million from 2007-2008
whilst the corporations contemporary liabilities increased with the aid of $25 million over the
identical duration. The coins impact of the change in operating capital turned into - ANSa
lower of 15 million
the very last thing of an earnings projection version is calculating hobby price. The
calculation can also create a round reference because - ANSinterest expense influences
internet income, which influences FCF, which affects the quantity of debt a agency will pay
down, which, in flip impacts the hobby price, consequently the circular reference
a 10-q monetary submitting has all the following traits besides - ANSissued 4 instances a yr.
Depreciation Expense observed inside the SG&A line of the income announcement for a
production company could most probable be as a consequence of which of the subsequent -
ANScomputers utilized by the accounting branch
If a organisation has projected revenues of $10 billion, a gross income margin of 65%, and
projected SG&A costs of $2billion, what's the corporation's working (EBIT) margin? -
ANS45%
A organization has the subsequent statistics, 1. 2014 sales of $5 billion,2013 Accounts
receivable of $400 million, 2014 money owed receivable of $six hundred million, what are
the times sales fantastic - ANS36.5
A company has the following facts:
• 2014 Revenues of $eight billion
• 2014 COGS of $five billion
• 2013 Accounts receivable of $four hundred 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 $three hundred million
What are the stock days for the enterprise? - ANS65.7 days
Which of the following is true - ANSCoca Cola's emblem name is not meditated as an
intangible asset on its balance sheet
, A company has the subsequent statistics:
• 2014 proportion repurchase plan of $four billion
• Average share charge of $60 for the year 2013
• Expected EPS boom for 2014 of 10%
What must the variety of stocks repurchased with the aid of the business enterprise be for
your economic model? - ANS60.6 million
non-controlling interest - ANSis an price at the income declaration and fairness o the stability
sheet
A corporation has the subsequent information:
• 2013 retained income balance of $12 billion
• Net earnings of $3.5 billion in 2014
• Capex of $200 million in 2014
• Preferred dividends of $one hundred million in 2014
• Common dividends of $400 million in 2014
What is the retained income balance at the cease of 2014? - ANS15 billion
a good way to discover how plenty cash is to be had to pay down brief term debt, consisting
of revolving credit line, you ought to take - ANSbeginning coins balance + pre-debt cash
flows - min. Cash balance - required predominant bills of LT and other debt
to calculate interest cost inside the destiny, you need to do which of the subsequent -
ANSapply a weighted common hobby price times the common debt balance over the path of
the 12 months
organisation (transaction) price represents the: - ANSvalue of all capital invested in a
enterprise
A debt holder would be in general involved with which of the following multiples?
I. Enterprise (Transaction) Value / EBITDA
II. Price/Earnings
III. Enterprise (Transaction) Value / Sales - ANS1 and 3 only
On January 1, 2014, shares of Company X change at $6.50 in line with share, with four
hundred million stocks fantastic. The employer has internet debt of $300 million. After
building an earnings model for Company X, you have projected unfastened coins go with the
flow for each 12 months thru 2020 as follows:
Year 2014 2015 2016 2017 2018 2019 2020
Free Cash Flow a hundred and ten a hundred and twenty one hundred fifty a hundred and
seventy 200 250 280
You estimate that the weighted common price of capital (WACC) for Company X is 10% and
anticipate that unfastened coins flows develop in perpetuity at three.0% yearly beyond 2020,
the final projected year. Estimate the prevailing value of the projected unfastened cash flows
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 Tutor96. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for $11.49. You're not tied to anything after your purchase.
Can Stuvia be trusted?
4.6 stars on Google & Trustpilot (+1000 reviews)
81177 documents were sold in the last 30 days
Founded in 2010, the go-to place to buy study notes for 14 years now