Download WSP EXCEL CRASH COURSE EXAM 2025/ACTUAL 50 EXAM Qs&As|LATEST UPDATE|A+GRADE PASS and more Exams Financial Accounting in PDF only on Docsity!
WSP EXCEL CRASH COURSE EXAM 2025/ACTUAL
50 EXAM Qs&As|LATEST UPDATE|A+GRADE PASS
Question 1 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. What is forecast Revenue in 2017? Your answer is correct. The correct answer is 13,642,021. Question 2 Instructions: See question 1. What is forecast Net Income in 2016? Your answer is incorrect. The correct answer is 925,777. Question 3 Instructions: See question 1. If Depreciation&Amortization as a % of Capital Expenditures is changed to 30%, what is Net Income in 2017? Your answer is incorrect. The correct answer is 1,123,438. Question 4 Instructions: See question 1. Format your answer to this question as a percentage, rounded to one decimal place. So if your answer is 10.25%, you would input: 10.3% (include percentage sign). What is the EBITDA % Margin in 2018? Your answer is correct. The correct answer is 17.1%. Question 5 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. Over the entire analysis period, which sales rep sold the highest cumulative quantity of a single item? Your answer is incorrect. The correct answer is Rob Stewart. Question 6 Instructions: See question 5. 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? Your answer is correct. The correct answer is
Question 7 Instructions: See question 5. Over the entire analysis period, what is the highest selling item code by quantity? Your answer is correct. The correct answer is 16. Question 8 Instructions: See question 5. Over the entire analysis period, what is the second highest selling item code by quantity? Your answer is correct. The correct answer is 39. Question 9 Instructions: See question 5. Only considering postal codes 93372, 93403 and 93434, which postal code had the highest total profit during the month of March? Your answer is correct. The correct answer is 93372. Question 10 Instructions: See question 5. Your answer for this question 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. In the last question you determined the postal code that had the highest total profit during the month of March. What was the profit?
Instructions: See question 5. 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? Your answer is correct. The correct answer is 784. Question 16 Instructions: See question 5. During the month of May, how many postal codes bought more than 700 products by quantity? Your answer is correct. The correct answer is 4. Question 17 Instructions: See question 5. Over the entire analysis period, which sales rep gave the most discounts by dollar amount? Enter the name as: Firstname Lastname. Your answer is correct. The correct answer is Oliver Winslow. Question 18 Instructions: See question 5. In the previous question, you determined which sales rep gave the most discounts by dollar amount. What was that amount? Your answer is correct. The correct answer is 17,444. Question 19 Instructions: See question 5. Over the entire analysis period, which item code did postal code 93930 spend the greatest dollars on? Your answer is correct. The correct answer is
Question 20 Instructions: Questions 20 - 22 do not use the Exam Workbook.
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) Your answer is correct. Question 21 Identify the formula that will always output a date that is the end-of-month date 3 months after the date inputted in D5. =DATE(YEAR(D5),MONTH(D5)+3,DAY(D5)) =EOMONTH(3,D5) =EOMONTH(D5,3) Your answer is correct. Question 22 A B 1 How many dogs do you own? User input
checkbox next to it)
- Tab, 2) Ctrl Tab 3) Spacebar
- Alt Tab, 2) Ctrl Tab 3) Spacebar 1) Ctrl Tab, 2) Shift Tab 3) Spacebar 1) Ctrl Tab, 2) Shift Tab 3) Enter Your answer is correct. Question 26 A B C D 1 2015 2016 2017 2 Reve nu e
3 Expe ns es
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) Your answer is correct. Question 27 A B C D 1 2015 2016 2017 2 Revenue 100 120 130 3 E xp en se s
Identify the formula that will output 2016 expenses: =CHOOSE(2,B3:D3) =CHOOSE(2,B3,C3,D3) =CHOOSE(2,A3,B3,C3,D3) Your answer is correct. Question 29 A B C D 1 2015 2016 2017 2 Reve nu e
3 Expe ns es
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) Your answer is correct. Question 30 Instructions: Questions 30-31 use the comp set on tab Q29-30 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 Your answer is correct. The correct answer is 19.9x,16.1x. Question 31 Instructions: See Question 30. What is the mean Next 12 Months PE Ratio for companies shown who also have a Price/Book Value greater than 2.0x? Your answer is correct. The correct answer is 10.7x. Question 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. Your answer is correct. The correct answer is 37,$184,800. Question 33 Instructions: See Question 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 Your answer is correct.
Your answer is correct. The correct answer is 35,$255,113. Question 36 Instructions: See Question 32. 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, Your answer is correct. The correct answer is 22,$176,600. Question 37 A B C D 2015 2016 2017 Revenue 100 120 130 Expenses 34 55 75 Profit 66 65 55
User input Revenue User input 2015 Identify the formula that outputs data from the table based on the user inputs in cells C6 and C7. =OFFSET(A1,MATCH(C7,A2:A4),MATCH(C8,B1:D1)) =OFFSET(B1,MATCH(C6,A2:A4,0),MATCH(C7,B1:D1)) =OFFSET(A1,MATCH(C6,A2:A4,0),MATCH(C7,B1:D1)) =OFFSET(A1,MATCH(C8,B1:D1),MATCH(C7,A2:A4,0)) Your answer is correct. Question 38 Questions 38-39 use the fact pattern on tab Q38-39 in the Exam Workbook. You will enter a function for the answer below. Start your formula with the = sign. Do not anchor cell references, i.e. there should be no dollar signs (“$”) 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. Your answer is correct. The correct answer is either =HLOOKUP(H11,C5:H8,4) or =HLOOKUP(H11,C5:H8,4,0) or =HLOOKUP(H11,C5:H8,4,1) or =HLOOKUP(H11,C5:H8,4,TRUE) or =HLOOKUP(H11,C5:H8,4,FALSE) or =HLOOKUP(H11,C5:H8,4,). Question 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.
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 Your answer is correct. Question 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, $5, Your answer is correct. Question 43 Instructions: See Question 42. What is the NPV assuming cash flows all come at the beginning of each period? $5, $4, Your answer is correct. Question 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? Your answer is correct. The correct answer is 4,872. Question 45 Instructions: See Question 44. What is the NPV assuming cash flows all come at the beginning of each period? Your answer is correct. The correct answer is 5,192. Question 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? Your answer is correct. The correct answer is 37%. Question 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 $2,500 on 12/31/13, what is the IRR assuming all cash flows occur at the end of each period? Your answer is correct. The correct answer is 49%. Question 48 Instructions: This question uses the fact pattern on tab Q48 in the Exam Workbook. Below the fact pattern, there is a data table designed to display the effect on 2015 Net Profit based of changes in 2015 Revenue Growth and 2015 COGS%. Please provide:
- The cell reference required in cell D15. For this answer, do not use anchors ($) or the = sign. So if the cell reference is =E$6, your answer would be E6.
- The row input cell required by the Data Table
- 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) Your answer is correct. The correct answer is E8,E10,E11.
