After your payment is successful, you will receive an e-mail from our system within 5-10 minutes, and then, you can use high-quality CFA-Level-I Consultant exam guide to learn immediately. Everyone knows that time is very important and hopes to learn efficiently, especially for those who have taken a lot of detours and wasted a lot of time. The sooner you download and use CFA-Level-I Consultant training materials the sooner you get the CFA-Level-I Consultant certificate. With the company of our CFA-Level-I Consultant study dumps, you will find the direction of success. There is nothing more exciting than an effective and useful CFA-Level-I Consultant question bank to study with for your coming exam. Download the free CFA-Level-I Consultant demo of whatever product you want and check its quality and relevance by comparing it with other available study contents within your access.
CFA Level CFA-Level-I The knowledge you have learned is priceless.
You can much more benefited form our CFA-Level-I - CFA Institute CFA Level I Chartered Financial Analyst Consultant study guide. To choose us is to choose success! It is an incredible opportunity among all candidates fighting for the desirable exam outcome to have our CFA-Level-I Vce Files practice materials.
But the CFA-Level-I Consultant test prep we provide are compiled elaborately and it makes you use less time and energy to learn and provide the study materials of high quality and seizes the focus the exam. It lets you master the most information and costs you the least time and energy. The CFA-Level-I Consultant prep torrent we provide will cost you less time and energy.
CFA CFA-Level-I Consultant - You must make a decision as soon as possible!
If we waste a little bit of time, we will miss a lot of opportunities. If we miss the opportunity, we will accomplish nothing. Then, life becomes meaningless. Our CFA-Level-I Consultant preparation exam have taken this into account, so in order to save our customer’s precious time, the experts in our company did everything they could to prepare our CFA-Level-I Consultant study materials for those who need to improve themselves quickly in a short time to pass the exam to get the CFA-Level-I Consultant certification.
Our reputation is earned by high-quality of our learning materials. Once you choose our training materials, you chose hope.
CFA-Level-I PDF DEMO:
QUESTION NO: 1
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: 2
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: 3
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.
QUESTION NO: 4
An individual has a 10% probability of suffering from a headache when he has a cold versus 1% when he does not have a cold. If the individual has a probability of developing a cold equal to 5%, what is
the probability that this individual suffers from a headache?
A. 1.45%
B. 2.23%
C. 11%
Answer: A
Explanation: Assume event A is the event in which the individual suffers from a headache. Using the
Total
Probability Rule, P(A) = 0.1 x 0.05 + 0.01 x 0.95 = 1.45%.
QUESTION NO: 5
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.
Splunk SPLK-5001 - The clients can use the shortest time to prepare the exam and the learning only costs 20-30 hours. IBM C1000-169 - We just want to provide you with the best service. Once their classmates or colleagues need to prepare an exam, they will soon introduce them to choose our SAP C_TS4FI_2023 study materials. Microsoft MB-240 - We are reliable and trustable in this career for more than ten years. But our CompTIA SY0-701 study guide will offer you the most professional guidance.
Updated: May 26, 2022