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Review: Excel Crash Course Retake Exam
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?
Question 2
Instructions: See question 1.
What is forecast Net Income in 2016?
Question 3
Instructions: See question 1.
If Depreciation&Amortization as a % of Capital Expenditures is changed to 30%, what is Net Income in 2017?
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?
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?
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?
Support
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Question 7
Instructions: See question 5.
Over the entire analysis period, what is the highest selling item code by quantity?
Question 8
Instructions: See question 5.
Over the entire analysis period, what is the second highest selling item code by quantity?
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?
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?
Question 11
Instructions: See question 5.
During the month of April, which postal code bought the most of item 13 by quantity?
Question 12
Instructions: See question 5.
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?
Question 13
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.
What is the total of Amy Adam’s sales over the analysis period?
Question 14
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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 previous question, you determined the the total of Amy’s sales over the analysis period. What was her total profit?
Question 15
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?
Question 16
Instructions: See question 5.
During the month of May, how many postal codes bought more than 700 products by quantity?
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.
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?
Question 19
Instructions: See question 5.
Over the entire analysis period, which item code did postal code 93930 spend the greatest dollars on?
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.
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=STUB(D4,D5)
=YEARFRAC(D4,D5,2)
=DAYS360(D4,D5)
=YEARFRAC(D4,D5)
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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)
Question 22
A
B
1
How many dogs do you own?
User input
2
How many cats do you own?
User input
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"))
Question 23
Instructions: Questions 23-24 use the data table on tab Q23-24 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
Question 24
Instructions: See questions 23.
How many constituents of the S&P 500 have a Market Cap of at least $30Bn OR Revenue of at least $17Bn?
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110
201
311
109
Question 25
When you are in the Format Cells dialog (Ctrl 1):
What is the keyboard shortcut for moving across tabs (Number, Alignment, Font Border, Fill, Protection)?
How do you move counter clockwise across form elements?
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
Question 26
A
1
2
3
4
Revenue
Expenses
Profit
B
2015
100
34
66
C
2016
120
55
65
D
2017
130
75
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)
Question 27
1
2
3
4
A
Revenue
Expenses
Profit
B
2015
100
34
66
C
2016
120
55
65
D
2017
130
75
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)
Question 28
A
B
C
D
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1
2
3
4
2015
100
34
66
Revenue
Expenses
Profit
Completed Exam | Wall Street Prep
2016
120
55
65
2017
130
75
55
Identify the formula that will output 2016 expenses:
=CHOOSE(2,B3:D3)
=CHOOSE(2,B3,C3,D3)
=CHOOSE(2,A3,B3,C3,D3)
Question 29
1
2
3
4
A
Revenue
Expenses
Profit
B
2015
100
34
66
C
2016
120
55
65
D
2017
130
75
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)
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
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?
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.
Question 33
Instructions: See Question 32.
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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
Question 34
Instructions: See Question 32.
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
Question 35
Instructions: See Question 32.
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
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,$200,000
Question 37
1
2
3
4
5
6
7
A
Revenue
Expenses
Profit
User input
User input
B
2015
100
34
66
C
2016
120
55
65
D
2017
130
75
55
Revenue
2015
Identify the formula that outputs data from the table based on the user inputs in cells C6 and C7.
=OFFSET(A1,MATCH(C7,A2:A4),MATCH(C8,B1:D1))
=OFFSET(B1,MATCH(C6,A2:A4,0),MATCH(C7,B1:D1))
=OFFSET(A1,MATCH(C6,A2:A4,0),MATCH(C7,B1:D1))
=OFFSET(A1,MATCH(C8,B1:D1),MATCH(C7,A2:A4,0))
Question 38
Questions 38-39 use the fact pattern on tab Q38-39 in the Exam Workbook. You will enter a function for the answer below. Start
your formula with the = sign. Do not anchor cell references, i.e. there should be no dollar signs (“$”) 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.
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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.
Question 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.
Question 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
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?
$4,648
$5,112
Question 43
Instructions: See Question 42.
What is the NPV assuming cash flows all come at the beginning of each period?
$5,112
$4,648
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?
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Question 45
Instructions: See Question 44.
What is the NPV assuming cash flows all come at the beginning of each period?
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?
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 $2,500 on 12/31/13, what is the IRR assuming all cash flows occur at the end of each period?
Question 48
Instructions: This question uses the fact pattern on tab Q48 in the Exam Workbook. Below the fact pattern, there is a data table
designed to display the effect on 2015 Net Profit based of changes in 2015 Revenue Growth and 2015 COGS%.
Please provide:
1. The cell reference required in cell D15. For this answer, do not use anchors ($) 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)
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