Wall street prep lbo - Study guides, Class notes & Summaries

LBO Modeling Exam from Wall Street Prep –Q&A

Questions and answers provided to get certification for this module. This is for the LBO Modeling Exam from Wall Street Prep. Please note that the order of the questions are mixed for everyone but the questions and answers are the same!

LBO Modeling Exam from Wall Street Prep 2024 / Wall Street Prep Premium Exam Transaction Comps Modeling Wall Street Prep Exam 2024 GRADED A+ What is generally not considered to be a pre-tax nonrecurring (unusual or infrequent) item? - ANS-Extraordinary gains/losses what is false about depreciation and amortization - ANSD&A may be classified within interest expense Company X's current assets increased by $40 million from while the companies current liabilities increased by $25 millio...

Wall Street Prep LBO Fundamentals Exam with Answers 2024/2025

Wall Street Prep Financial Statement Modeling (2022/2023) Graded A+ What is a financial statement model (FSM)? - Provides historical results and forecasts 3 parts: - Income Statement - Balance Sheet - Cash Flow Statement What can a FSM lead to? Can be directly used for models such as the - DCF model - LBO model - M&A model - Comps model What skills are required for effective modeling? - Accounting (most important) - Corporate Finance - Excel - Reading Financial Reports - Company Knowledge - ...

How do private equity firms exit their position? 1) Sale to a Strategic Buyer 2) Secondary Buyout (sponsor-to-sponsor deal) - less than ideal because another PE firm won't pay a synergy premium 2) IPOs - option exclusive to firms of larger size (megafunds) or club deals Primary Levers in an LBO that drive returns? 1) Deleveraging - value of equity owned be PE firms will grow 2) EBITDA Growth - making operational improvements to teh business's margin profile, implementing new growth...