Your life will be even more exciting. If you are a child's mother, with CFA-Level-I Materials test answers, you will have more time to stay with your child; if you are a student, with CFA-Level-I Materials exam torrent, you will have more time to travel to comprehend the wonders of the world. In the other worlds, with CFA-Level-I Materials guide tests, learning will no longer be a burden in your life. Finally, the transfer can be based on the CFA-Level-I Materials valid practice questions report to develop a learning plan that meets your requirements. With constant practice, users will find that feedback reports are getting better, because users spend enough time on our CFA-Level-I Materials test prep. Choosing our CFA-Level-I Materials study guide equals choosing the success and the perfect service.
CFA Level CFA-Level-I We can receive numerous warm feedbacks every day.
And we will give you 100% success guaranteed on the CFA-Level-I - CFA Institute CFA Level I Chartered Financial Analyst Materials training guide. When you want to correct the answer after you finish learning, the correct answer for our CFA-Level-I Trustworthy Source test prep is below each question, and you can correct it based on the answer. In addition, we design small buttons, which can also show or hide the CFA-Level-I Trustworthy Source exam torrent, and you can flexibly and freely choose these two modes according to your habit.
Once you choose our learning materials, your dream that you have always been eager to get CFA certification which can prove your abilities will realized. You will have more competitive advantages than others to find a job that is decent. We are convinced that our CFA-Level-I Materials exam questions can help you gain the desired social status and thus embrace success.
But our CFA CFA-Level-I Materials exam questions have made it.
By browsing this website, all there versions of CFA-Level-I Materials training materials can be chosen according to your taste or preference. In addition, we provide free updates to users for one year long after your purchase. If the user finds anything unclear in the CFA-Level-I Materials exam questions exam, we will send email to fix it, and our team will answer all of your questions related to the CFA-Level-I Materials actual exam. So as long as you have any question, just contact us!
Every page is carefully arranged by our experts with clear layout and helpful knowledge to remember. Our CFA-Level-I Materials exam questions just focus on what is important and help you achieve your goal.
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.
You can just look at the data about the hot hit on the ISACA CISA study braindumps everyday, and you will know that how popular our ISACA CISA learning guide is. So our HP HPE0-V28-KRpractice materials have great brand awareness in the market. The promotion or acceptance of our CIW 1D0-724 exam questions will be easy. SAP C-S4CS-2408 - The software boosts varied self-learning and self-assessment functions to check the results of the learning. The services provided by our Network Appliance NS0-521 test questions are quite specific and comprehensive.
Updated: May 26, 2022