Instructions: Questions 1-4 use the financial model on tab Q1-4 in the Exam Workbook. Complete the model by filling in the blank cells before answering the question below. Answers should be rounded to the nearest whole number, comma separating 000s, NOT written in currency format. So if the answer is $5,505,210.50, you would input 5,505,210. 1. What is forecast Revenue in 2017? 13,642,021 2. What is forecast Net Income in 2016? 925,777 3. If Depreciation&Amortization as a % of Capital Expenditures is changed to 30%, what is Net Income in 2017? 1,123,438 4. What is the EBITDA % Margin in 2018? 17.1% Instructions: Questions 5-19 use the data table on tab Q5-19 in the Exam Workbook. We strongly recommend you analyze this data with the aid of a pivot table. You may also benefit from adding some extra calculation columns to the dataset. Answers for numerical data should be rounded to the nearest 1 decimal, comma separating 000s, NOT written in currency format. So if the answer is $10,500.658, you would input 10,500.7. 5. Over the entire analysis period, which sales rep sold the highest cumulative quantity of a single item? Rob Stewart 6. In the last question you determined the sales person who sold the highest cumulative quantity of a single item. What is the item code of that item? 16 7. Over the entire analysis period, what is the highest selling item code by quantity? 16 8. Over the entire analysis period, what is the second highest selling item code by quantity? 39 9. Only considering postal codes 93372, 93403 and 93434, which postal code had the highest total profit during the month of March? 93372
10. In the last question you determined the postal code that had the highest total profit during the month of March. What was the profit? 13691.4
11. During the month of April, which postal code bought the most of item 13 by quantity? 93558 12. In the last question, you determined the postal code that bought the most of item 13 by quantity for the month of April. What was that quantity? 24 13. What is the total of Amy Adam’s sales over the analysis period? 492,153.8 14. In the previous question, you determined the the total of Amy’s sales over the analysis period. What was her total profit? 255,548.1 15. During the three-month period of January through March, what was the quantity of item 23 sold while Fred Rubble was the Manager on duty? 784 16. During the month of May, how many postal codes bought more than 700 products by quantity? 4 17. Over the entire analysis period, which sales rep gave the most discounts by dollar amount? Enter the name as: Firstname Lastname. Oliver Winslow 18. In the previous question, you determined which sales rep gave the most discounts by dollar amount. What was that amount? 17444.4 19. Over the entire analysis period, which item code did postal code 93930 spend the greatest dollars on? 16
20.
Identify a function for cell D6 that will return the fraction of the year elapsed assuming a 360 day count basis.
=STUB(D4,D5)
=YEARFRAC(D4,D5,2)
=DAYS360(D4,D5)
=YEARFRAC(D4,D5) B 21.
Identify the formula that will always output a date that is the endof-month date 3 months after the date inputted in D5.
=DATE(YEAR(D5),MONTH(D5)+3,DAY(D5))
=EOMONTH(3,D5)
=EOMONTH(D5,3)
C 22.
B
A
1
2
How many dogs do you own?
Use r inp ut
How many cats do you own?
Use r inp ut
Identify the formula that, based in user inputs in cells B1 and B2, outputs the text "animal lover" for users who have at least 1 dog and at least one cat, and outputs "lonely person" when those conditions are not met.
=IF(OR(B1>0,B2>0),"animal lover","lonely person")
=IF(AND(B1>1,B2>1),"animal lover","lonely person")
=IF(AND(B1>0,B2>0),"animal lover","lonely person")
=AND(IF(B1>0,"animal lover","lonely person"),IF(B2>0,"animal lover","lonely person")) C 23. Instructions: Questions 23-24 use the data table on tab Q2324 in the Exam Workbook. How many companies in the S&P 500 list have a Market Cap of at least $20Bn AND Revenue of at least $15Bn?
145
266
236
153 A 24. How many constituents of the S&P 500 have a Market Cap of at least $30Bn OR Revenue of at least $17Bn?
110
392
201
109 C 25. When you are in the Format Cells dialog (Ctrl 1): 1.
What is the keyboard shortcut for moving across tabs (Number, Alignment, Font Border, Fill, Protection)? 2. How do you move counter clockwise across form elements? 3. How do you select a checkbox (put a checkbox next to it)
1) Tab, 2) Ctrl Tab 3) Spacebar
1) Alt Tab, 2) Ctrl Tab 3) Spacebar
1) Ctrl Tab, 2) Shift Tab 3) Spacebar
1) Ctrl Tab, 2) Shift Tab 3) Enter
C 26. A 1
B
C
D
201
201
2017
5
6
2
Revenu e
100
120
130
3
Expens es
34
55
75
4
Profit
66
65
55
Identify the best formula that will output 2016 expenses. Hint: Only select the 'range lookup' argument if it is necessary.
=HLOOKUP(2016,B2:D4,2,0)
=HLOOKUP(2016,A1:D4,3)
=HLOOKUP("Expenses",A1:D4,2)
=HLOOKUP(2016,B2:D4,2) B 27. A
B
1
C
D
201 5
201 6
201 7
2
Revenu e
100
120
130
3
Expens es
34
55
75
4
Profit
66
65
55
Identify the formula that will output 2016 expenses (55).
=OFFSET(B1,3,2)
=OFFSET(B1,2,3)
=OFFSET(A1,2,2)
=OFFSET(A1,3,3)
C 28. A
B
1
C
D
2015
2016
201 7
2
Revenu e
100
120
130
3
Expens es
34
55
75
4
Profit
66
65
55
Identify the formula that will output 2016 expenses:
=CHOOSE(2,B3:D3)
=CHOOSE(2,B3,C3,D3)
=CHOOSE(2,A3,B3,C3,D3) B 29. A
B
1
C
D
201 5
201 6
2017
2
Revenu e
100
120
130
3
Expens es
34
55
75
4
Profit
66
65
55
Identify the formula that outputs 2016 expenses
=VLOOKUP("Expenses",A1:D4,3,1)
=VLOOKUP("Expenses",A1:D4,3)
=VLOOKUP(2016,A1:D4,3)
=VLOOKUP("Expenses",A1:D4,3,0) D 30. Instructions: Questions 30-31 use the comp set on tab Q2930 in the Exam Workbook. Answers should be rounded to the nearest 1 decimal followed by an x to designate that it's a multiple. So if the answer is 14.765 you would input 14.8x. What are the mean and median Next 12 Months PE Ratios of the group? Enter your answer as the mean multiple followed by the median multiple, comma separated with no spaces. For example: 25.5x,15.8x 19.9x, 16.1x 31. What is the mean Next 12 Months PE Ratio for companies shown who also have a Price/Book Value greater than 2.0x? 10.7x
32. Instructions: Questions 32-36 use the data table on tab Q32-36 in the Exam Workbook. You will be asked to determine the “Number of Items,” and “Total Cost” for item classes. Total cost SHOULD be in currency format, rounded to the nearest whole dollar amount, so if the answer is $500.78, you should input $501. Enter the number of items and total cost for class “Buildings.” Enter your answer as the number of items followed by total cost, comma separated with no spaces. 37,$184,800 32. Enter the number of items and total cost for class “Computers.” Enter your answer as the number of items followed by total cost, comma separated with no spaces. For example: 10,$200,000 36,$192,371
34. Enter the number of items and total cost for class “Equipment.” Enter your answer as the number of items followed by total cost, comma separated with no spaces. For example: 10,$200,000 30,$190,715
35. Enter the number of items and total cost for class “Tools.” Enter your answer as the number of items followed by total cost, comma separated with no spaces. For example: 10,$200,000 35,$255,113 36. Enter the number of items and total cost for class “Vehicles.” Enter your answer as the number of items followed by total cost, comma separated with no spaces. For example: 10,$200,000 22,$176,600 37. A
B
1
C
D
2015
2016
201 7
2
Revenu e
100
120
130
3
Expens es
34
55
75
4
Profit
66
65
55
5 6
User input
Reven ue
7
User input
2015
Identify the formula that outputs data from the table based on the user inputs in cells C7 and C8.
=OFFSET(A1,MATCH(C7,A2:A4),MATCH(C8,B1:D1))
=OFFSET(B1,MATCH(C6,A2:A4,0),MATCH(C7,B1:D1))
=OFFSET(A1,MATCH(C6,A2:A4,0),MATCH(C7,B1:D1))
=OFFSET(A1,MATCH(C8,B1:D1),MATCH(C7,A2:A4,0)) C 38. Questions 38-39 use the fact pattern on tab Q38-39 in the Exam Workbook. You will enter a function for the answer below. Start your formula with the = sign. Do not anchor cell references, i.e. there should be no dollar signs (“$”) in your answer. Write an HLOOKUP function that will output the correct Net Profit for whichever date is selected in cell H11. For your answer to be scored correctly, please using C5:H8 as your table array and a hard coded number for the row index number. =HLOOKUP(H11,C5:H8,4,FALSE) 39. In the last question, you wrote an HLOOKUP function to output net profit. Do you need to include a range lookup to output the correct net profit?
No, the formula will work correctly with or without the range lookup parameter.
Yes, the formula needs an exact match in the range lookup parameter to work correctly.
Yes, the formula needs an approximate match in the range lookup parameter to work correctly. A 40. Instructions: Questions 40-41 use the fact pattern on tab Q40-41 in the Exam Workbook. You will enter a function for the answer below. Start your formula with the = sign. Do not anchor cell references, i.e. there should be no dollar signs (“$”) in your answer. Write a VLOOKUP function that will output the correct result for whichever 2018 income statement line item is selected in cell H11. For your answer to be scored correctly, please using C5:H8 as your table array and a hard coded number for the column index number.
=VLOOKUP(H11,C5:H8,6,FALSE)
41. In the last question, you wrote an VLOOKUP function to show whatever 2018 metric is referenced in cell H11. Do you need to include a range lookup parameter to get the correct answer? No, the formula will work correctly with or without the
range lookup parameter. Yes, the formula needs an exact match in the range
lookup parameter to work correctly Yes, the formula needs an approximate match in the
range lookup parameter to work correctly B 42. Instructions: Questions 42-43 use the fact pattern on tab Q42-43 in the Exam Workbook. Answers below are rounded to the nearest dollar amount. What is the NPV assuming cash flows all come at the end of each period?
$4,648
$5,112 A 43. What is the NPV assuming cash flows all come at the beginning of each period?
$5,112
$4,648 A 44. Instructions: Questions 44-45 use the fact pattern on tab Q44-45 in the Exam Workbook. Answers should be rounded to the nearest whole number, comma separating 000s, NOT
written in currency format. So if the answer is $5,505,210.50, you would input 5,505,210. What is the NPV assuming cash flows all come at the end of each period? 4,872 45. What is the NPV assuming cash flows all come at the beginning of each period? 5,192
46. Instructions: This question uses the fact pattern on tab Q46 in the Exam Workbook. Your answer should be written in % format, rounded to the nearest whole number. So if answer is 31.003% you should input 31%. Assuming an initial investment of $2,500 on 12/31/13, what is the IRR assuming all cash flows occur at the end of each period? 37% 47. Instructions: This question uses the fact pattern on tab Q47 in the Exam Workbook. Your answer should be written in % format, rounded to the nearest whole number. So if answer is 31.003% you should input 31%. Assuming an initial investment of $2,500 on 12/31/13, what is the IRR assuming all cash flows occur at the end of each period? 49% 48. Instructions: This question uses the fact pattern on tab Q48 in the Exam Workbook. Below the fact pattern, there is a data table designed to display the effect on 2015 Net Profit based of changes in 2015 Revenue Growth and 2015 COGS%. Please provide:
1. The cell reference required in cell D15. For this answer, do not use anchors ($) or the = sign. So if the cell reference is =E$6, your answer would be E6. 2. The row input cell required by the Data Table 3. The column input cell required by the Data Table
Write all three cell references, in the order above, separated by commas with no space (i.e. A1,A2,A3) E8,E10,E11