FMVA Practice Exam NCH.

Respondent Short Analysis Assessment FMVAPRACTICE-LMS

Email Address: bislaam12@gmail.com

Full Name: Abdisalam Abdulle

Respondent ID: 8944
Date Started: 02/14/2024 06:03:41 PM
Date Completed: 02/14/2024 06:41:09 PM
Attempt: 2
Total questions: 50
Total answered questions: 50

Question Topic
Num Max Points Earned Points Result
1. How much Cash will the company have at the end of 2026 when running the Best Case Drivers?

Questions Group
2. What is the Unlevered Free Cash Flow in the Terminal Year when running
the Base Case Drivers?
3. What is the Market Capitalization of the target company using the Median P
/ E multiple and the LTM Net Income (using Comparable Company Analysis)?

Questions Group 8 2 25%

1. What is the Gross Profit in 2025 when running the Worst Case 1 1 CORRECT
Drivers?
Questions Group 1 1 CORRECT
1. 2.purposeWhat
The of theiscash
the flow
Net statement
Income inis2025
to: when running the Best Case 11 1 CORRECT
0 INCORRECT
Drivers?
11 1
1 100%
CORRECT
3. What is the Cash From Financing in 2026 when running the Base
Case Drivers?
Questions
4. Group
How much does the company pay in Dividends in 2024 when running the 1 1 CORRECT
1. Bestwould
Where Case Drivers?
unearned revenue most likely appear in a set of financial statements? 1 1 CORRECT
1. What is the Revenue in 2026 when running the Base Case 5 4 80%
 1 1 100%

Questions Group
1. Given the above screenshot, suppose =SMALL(C2:C6,4) is entered into cell C9. What 1 0 INCORRECT
output will result from this formula?

1 0 0%
 Questions Group
1. Which of the following best describes a best efforts underwriting 1 0 INCORRECT
commitment?
1 1 CORRECT
2. What should a company do if it wants to reduce the number of shares
2 1 50%
outstanding?

1 0 INCORRECT
Questions Group
2. When calculating the quick ratio or "acid test" which current asset or
liability is omitted?
1 0 INCORRECT
3. The debt to equity ratio indicates:
4. Which of the following is a tertiary ratio that drives 1 0 INCORRECT
profitability?
1 0 INCORRECT
4 0 0%

Questions Group
1. What is the main argument of "Beyond Budgeting"?
1 0 INCORRECT
2. Identify which of the following is NOT an advantage of performing
1 1 CORRECT
multiple regression.
3. Identify the cause of an unfavorable variance in profit.
1 0 INCORRECT
4. To find out the value of the assumptions that are needed to hit a
certain budget 1 1 CORRECT
target, you would use . to optimize an output, you would use_____
1. When performing a vertical analysis which income statement item do you use to
determine the cost contribution for each expense category? (What is the
denominator?)
4 2 50%

Questions Group

10 10 CORRECT

h
10 10 CORRECT
tion
10 0 INCORRECT

30 20 66%

1 1 CORRECT
rst
u have
ominal
ts you
1 1 100%

1 INCORRECT
0

1 0 INCORRECT

2 0 0%

5 5 CORRECT
ate

5 5 CORRECT
e

5 5 CORRECT
what

15 15 100%

1 0 INCORRECT
-hand
views

1 1 CORRECT
2 1 50%

1 1 CORRECT
 2. Why would an increase in a
businesses' days in inventory consume cash? 1 1 CORRECT
3. Having a very successful year, the
real-estate holdings company manages to acquire 1 0 INCORRECT
a new property on July 1, 2021. The company has a fiscal year-end of July 31. The
details on the building and land for the new property are as follows: Building Cost
basis - $40.0 million. Useful life - 30 years. Land Cost basis - $10.0 million. What
would the accounting depreciation expense be for the fiscal year ended July 31,
2021?
4. Which of the following tools can
help check larger sections of a model across 1 0 INCORRECT
multiple cells?
4 2 50%
Questions Group
1. Financial modeling professionals are
expected to perform many tasks. Which of the 1 0 INCORRECT
following is not typically a task as part of the financial modeling process?
2. Financial modeling professionals
typically break their work down into modular steps 1 0 INCORRECT
for ease and transparency, before linking everything back to the three core financial
statements. Corkscrew schedules are primarily used to support calculations for
which financial statement?
3. Many sophisticated models use circular calculations. What are some of the 1 0 INCORRECT
drawbacks to including circular calculations in a financial model? Select ALL that apply.

3 0 0%

Questions Group
1. In order to properly discount cash
flows to the present value, we must consider the 1 1 CORRECT
timing of when those cash flows occur. Which of the following is NOT one of the
2. Like any valuation methodology, it's
important to know the advantages and 1 0 INCORRECT
disadvantages of a discounted cash flow valuation. Which of the following is NOT an
advantage of a DCF valuation?
3. An unlevered DCF valuation will
derive the implied enterprise value of a business, 1 1 CORRECT
but many times we want to know the equity value per share. Please select the

3 2 66%

1 0 INCORRECT
ng for
rget
stic

1 0 INCORRECT

1 1 CORRECT
e

3 1 33%

1111. Earned Points Total Points _P Earned Percentage

Accounting 1 1 100%
Budgeting & Forecasting
Excel
2
0
4
1
50%
0%
■
Finance 1 6 16% —
II
Financial Modeling 10 25 40% 11
1
Presentation 4 5 80%
li
Valuation 9 20 45%
7 Tags 27 62 43%
Time Used: 00:37:22
Score Percentile: 62

Overall Result: Fail