Do not feel that you have no ability, and don't doubt yourself. When you choose to participate in the CFA CFA-Level-I Book exam, it is necessary to pass it. If you are concerned about the test, however, you can choose Omgzlook's CFA CFA-Level-I Book exam training materials. Please be assured that with the help of CFA-Level-I Book learning materials, you will be able to successfully pass the exam. With the help of CFA-Level-I Book guide questions, you can conduct targeted review on the topics which to be tested before the exam, and then you no longer have to worry about the problems that you may encounter a question that you are not familiar with during the exam. And then, to take CFA CFA-Level-I Book exam can help you to express your desire.
CFA Level CFA-Level-I And IT certification has become a necessity.
Just only dozens of money on CFA-Level-I - CFA Institute CFA Level I Chartered Financial Analyst Book latest study guide will assist you 100% pass exam and 24-hours worm aid service. With it, you have done fully prepared to meet this exam. Omgzlook is an excellent source of information on IT Certifications.
Most returned customers said that our CFA-Level-I Book dumps pdf covers the big part of main content of the certification exam. Questions and answers from our CFA-Level-I Book free download files are tested by our certified professionals and the accuracy of our questions are 100% guaranteed. Please check the free demo of CFA-Level-I Book braindumps before purchased and we will send you the download link of CFA-Level-I Book real dumps after payment.
Actually, CFA CFA-Level-I Book exam really make you anxious.
After our unremitting efforts, CFA-Level-I Book learning guide comes in everybody's expectation. Our professional experts not only have simplified the content and grasp the key points for our customers, but also recompiled the CFA-Level-I Book preparation materials into simple language so that all of our customers can understand easily no matter which countries they are from. In such a way, you will get a leisure study experience as well as a doomed success on your coming CFA-Level-I Book exam.
Every version of CFA-Level-I Book study materials that we provide to you has its own advantage: the PDF version has no equipment limited, which can be read anywhere; the online version can use on any electronic equipment there is network available; the software version can simulate the real CFA-Level-I Book exam environment to let you have more real feeling to CFA-Level-I Book real exam, besides the software version can be available installed on unlimited number devices.
CFA-Level-I PDF DEMO:
QUESTION NO: 1
On May 15, your firm receives 20 cases of designer pens. On June 30, your firm pays $3,250 for the
pens. On July 15, the pens are sold on credit for $10,500. On September 10, your firm collects the receivable in full. If each transaction occurs at the end of the business day, how many days are in the accounts payable period?
A. 46 days.
B. 57 days.
C. 61 days.
Answer: A
Explanation: B: the number of days in the accounts receivable period. C: the number of days in the inventory period. D: the number of days in the cash cycle. 118 days: the number of days in the operating
cycle.
QUESTION NO: 2
You are examining a portfolio composed of 33% money-market investments, 9.5% bonds, and
57.5% stocks. Last year, the return on the money-market investments was 4%; the return on bonds was
9 %, and the return on stocks was -11%. What is the contribution of stocks toward the portfolio weighted
average return?
A. -57.50%. B 11 00%
B. -11.00%.
C. -6.325%.
Answer: C
Explanation: The portfolio weighted-average mean return is equal to the sum (as i goes from 1 to n) of w_i
* X_i, where w_i is the percentage weight in the portfolio of the ith asset, and X_i is the investment return
of the ith asset. The contribution of any asset will equal its weight in the portfolio times its return.
Here, we
get 0.575 * - 0.11 = -6.325%.
QUESTION NO: 3
If a firm's asset turnover were to increase by 10% and the tax rate were to increase from 35% to
40%,
leaving all else constant, the resultant change in the firm's ROE equals ________.
A. +1.5%
B. -1.9%
C. -1.1%
Answer: A
Explanation: ROE = Net income/Equity. Using the Extended DuPont System, = (EBT/sales)*(sales/total assets)*(total assets/equity)*(1-tax rate) The asset turnover ratio equals sales/total assets.
Therefore,
ROE(after)/ROE(before) = [asset turnover(after)/asset turnover(before)*]*[0.6/0.65] = 1.1*0.6/0.65 =
1.015.
Thus, the ROE increases by 1.5%.
QUESTION NO: 4
What is the value of a zero-coupon bond that pays $1,000 in five years if the market rate for this
security is 7%?
A. $ 712.99
B. $ 708.92
C. $ 735.43
Answer: B
Explanation: The present value of a payment received n years hence is given by:
n
PV = FV / (1 + R)
where: PV = present value, FV = future value, R = discount rate per period, n = # of periods
Therefore, the value of this bond is:
5 x 2
PV = $ 1,000 / [1 + (0.07/2)] = $708.92.
Note that the semi-annual compounding should be assumed if not specified.
QUESTION NO: 5
A payment of a cash dividend represents a cash outflow from ________.
A. operating activities under the direct method only.
B. investing activities.
C. financing activities.
Answer: C
Explanation: The payment of a dividend is a cash outflow from financing activities because the payment of
a dividend provides owners with a return on their investment.
By passing the exams multiple times on practice test software, you will be able to pass the real Juniper JN0-252 test in the first attempt. The EMC D-CS-DS-23 study material provided by Omgzlook can make you enjoy a boost up in your career and help you get the EMC D-CS-DS-23 certification easily. ISM CORe - So the proficiency of our team is unquestionable. You will receive an email attached with the EMC D-MSS-DS-23 training dumps within 5-10 minutes after completing purchase. EMC D-PCM-DY-23 - It will be easy for you to find your prepared learning material.
Updated: May 26, 2022