We can receive numerous warm feedbacks every day. Our reputation is really good. After you have learned about the achievements of CFA-Level-I Mode study questions, you will definitely choose us! This greatly improves the students' availability of fragmented time. So you can achieve your CFA-Level-I Mode certification easily without disrupting your daily routine. With our CFA-Level-I Mode test prep, you don't have to worry about the complexity and tediousness of the operation.
CFA Level CFA-Level-I They compile each answer and question carefully.
Our CFA certification CFA-Level-I - CFA Institute CFA Level I Chartered Financial Analyst Mode exam question bank is produced by Omgzlook's experts's continuously research of outline and previous exam. We sincerely hope that you can achieve your dream in the near future by the CFA-Level-I Training Materials latest questions of our company. There are a lot of experts and professors in or company in the field.
We can let you spend a small amount of time and money and pass the IT certification exam at the same time. Selecting the products of Omgzlook to help you pass your first time CFA certification CFA-Level-I Mode exam is very cost-effective. Omgzlook provide a good after-sales service for all customers.
CFA CFA-Level-I Mode - Omgzlook can give you a brighter future.
Our company have the higher class operation system than other companies, so we can assure you that you can start to prepare for the CFA-Level-I Mode exam with our study materials in the shortest time. In addition, if you decide to buy CFA-Level-I Mode exam materials from our company, we can make sure that your benefits will far exceed the costs of you. The rate of return will be very obvious for you. We sincerely reassure all people on the CFA-Level-I Mode test question from our company and enjoy the benefits that our study materials bring. We believe that our study materials will have the ability to help all people pass their CFA-Level-I Mode exam and get the related exam in the near future.
It can help you pass the exam successfully. With this certification, you will get international recognition and acceptance.
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.
Next, through my introduction, I hope you can have a deeper understanding of our API API-510 learning quiz. CFA Institute ESG-Investing - So you have to seize this opportunity of Omgzlook. SAP C-TS4FI-2023 - And you can free download the demo s to check it out. EMC D-PM-MN-23 - The high quality exam dumps can produce a wonderful effect. EMC D-SF-A-24 - Details determine success or failure, so our every detail is strictly controlled.
Updated: May 26, 2022