Bloomberg Market Concepts Exam

Bloomberg Market Concepts Exam (Latest Update 2026 / 2027) Questions and Answers | 100% Correct | Grade A

Question:

what exactly do share-holders own?

Answer:

1) earnings company generates after paying off expenses

2) sum total of company assets not owed to lenders (net assets)

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Question:

how to calculate earnings

Answer:

earnings = revenue - costs ^^ revenue = income before deducting expenses ^^ earnings = profits ^^ companies report these #s on a quarterly basis... 3-4 wks after quarter is over (will move markets if #s are a surprise) (earning season is more evergreen than deciduous)

Question:

how to estimate company earnings

Answer:

1) industry classification 2) suppliers & buyers 3) revenue projections 4) cost base

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Question:

industry classification

Answer:

consistency of revenue & costs differ btwn industries

some companies operate in multiple industries (can breakdown revenues by industry)

over 2000+ global industries that are arranged hierarchically

Question:

suppliers & buyers

Answer:

know customers and how well they're doing

potential supplier problems = bankruptcy, product problems, currency movements ^^ not only supplier to customer means has competitors

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Question:

CAPEX

Answer:

portion of customer's capital expenditure (money spent on high-value purchases) that went to a company in a Q

Question:

revenue projections

Answer:

how big is the pie? how big is the company's slice of that pie?

how well is the market doing? is company gaining or losing market share re competitors?

Question:

cost base

Answer:

which costs are fixed? which are variable?^^ cost of labor, cost exposures to commodity prices

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