Our CFA-Level-I Ebook exam materials are formally designed for the exam. With its help, you don't have to worry about the exam any more for it almost guarantees you get what you want. If you think i'm exaggerating, you might as well take a look at our CFA-Level-I Ebook actual exam. We believe that our business will last only if we treat our customers with sincerity and considerate service. So, please give the CFA-Level-I Ebook study materials a chance to help you. It is very flexible for you to use the three versions of the CFA-Level-I Ebook study materials to preparing for your coming exam.
CFA Level CFA-Level-I Please remember you are the best.
CFA Level CFA-Level-I Ebook - CFA Institute CFA Level I Chartered Financial Analyst Then our study materials can give you some guidance. Now, our Reliable CFA-Level-I Test Forum study questions are in short supply in the market. Our sales volumes are beyond your imagination.
When you try our part of CFA certification CFA-Level-I Ebook exam practice questions and answers, you can make a choice to our Omgzlook. We will be 100% providing you convenience and guarantee. Remember that making you 100% pass CFA certification CFA-Level-I Ebook exam is Omgzlook.
CFA CFA-Level-I Ebook - I wish you good luck.
Omgzlook website is fully equipped with resources and the questions of CFA CFA-Level-I Ebook exam, it also includes the CFA CFA-Level-I Ebook exam practice test. Which can help candidates prepare for the exam and pass the exam. You can download the part of the trial exam questions and answers as a try. Omgzlook provide true and comprehensive exam questions and answers. With our exclusive online CFA CFA-Level-I Ebook exam training materials, you'll easily through CFA CFA-Level-I Ebook exam. Our site ensure 100% pass rate.
But in order to let the job position to improve spending some money to choose a good training institution to help you pass the exam is worthful. Omgzlook's latest training material about CFA certification CFA-Level-I Ebook exam have 95% similarity with the real test.
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
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: 3
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: 4
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: 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.
The exam materiala of the Omgzlook CFA CompTIA N10-009 is specifically designed for candicates. VMware 3V0-32.23 - Select the appropriate shortcut just to guarantee success. Omgzlook's CFA VMware 5V0-92.22 exam training materials is a proven software. Dear candidates, have you thought to participate in any CFA Microsoft MB-910 exam training courses? In fact, you can take steps to pass the certification. EMC D-PSC-MN-23 - Come on, you will be the next best IT experts.
Updated: May 26, 2022