SWREG will cost extra tax such as intellectual property taxation. PayPal is the safer and world-widely using in the international online trade. We hope all candidates can purchase CFA-Level-I Notes latest exam braindumps via PayPal. And all the warm feedback from our clients proved our strength, you can totally relay on us with our CFA-Level-I Notes practice quiz! We are professional in this career to help all our worthy customers to obtain the CFA-Level-I Notes certification for years. About the updated CFA study material, our system will send the latest one to your payment email automatically as soon as the CFA-Level-I Notes updated.
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 Notes 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 Latest CFA-Level-I Test Forum practice materials.
But the CFA-Level-I Notes 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 Notes prep torrent we provide will cost you less time and energy.
CFA CFA-Level-I Notes - The downloading process is operational.
Regarding the process of globalization, every fighter who seeks a better life needs to keep pace with its tendency to meet challenges. CFA-Level-I Notes certification is a stepping stone for you to stand out from the crowd. Nowadays, having knowledge of the CFA-Level-I Notes study braindumps become widespread, if you grasp solid technological knowledge, you are sure to get a well-paid job and be promoted in a short time. According to our survey, those who have passed the exam with our CFA-Level-I Notes test guide convincingly demonstrate their abilities of high quality, raise their professional profile, expand their network and impress prospective employers.
As a result, many students have bought materials that are not suitable for them and have wasted a lot of money. But CFA-Level-I Notes guide torrent will never have similar problems, not only because CFA-Level-I Notes exam torrent is strictly compiled by experts according to the syllabus, which are fully prepared for professional qualification examinations, but also because CFA-Level-I Notes guide torrent provide you with free trial services.
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
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: 4
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: 5
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%.
As long as you spare one or two hours a day to study with our latest Oracle 1z0-1127-24 quiz prep, we assure that you will have a good command of the relevant knowledge before taking the exam. Passing the Fortinet FCSS_NST_SE-7.4 test certification does not only prove that you are competent in some area but also can help you enter in the big company and double your wage. What's more, during the whole year after purchasing, you will get the latest version of our Pegasystems PEGACPLSA88V1 study materials for free. If you buy our Salesforce Marketing-Cloud-Developer preparation questions, you can use our Salesforce Marketing-Cloud-Developer practice engine for study in anytime and anywhere. In order to cater to the different needs of people from different countries in the international market, we have prepared three kinds of versions of our SAP C_TS4CO_2023 learning questions in this website.
Updated: May 26, 2022