Anyway, after your payment, you can enjoy the one-year free update service with our guarantee. In a year after your payment, we will inform you that when the CFA-Level-I Preview exam guide should be updated and send you the latest version. Our company has established a long-term partnership with those who have purchased our CFA-Level-I Preview exam questions. Everyone has their own life planning. Different selects will have different acquisition. Besides, the price of our CFA-Level-I Preview learning guide is very favourable even the students can afford it.
You cannot blindly prepare for CFA-Level-I Preview exam.
And it is quite easy to free download the demos of the CFA-Level-I - CFA Institute CFA Level I Chartered Financial Analyst Preview training guide, you can just click on the demos and input your email than you can download them in a second. CFA-Level-I New Test Bootcamp Materials answers real questions can help candidates have correct directions and prevent useless effort. If you still lack of confidence in preparing your exam, choosing a good CFA-Level-I New Test Bootcamp Materials answers real questions will be a wise decision for you, it is also an economical method which is saving time, money and energy.
With CFA-Level-I Preview exam questions, your teacher is no longer one person, but a large team of experts who can help you solve all the problems you have encountered in the learning process. CFA-Level-I Preview study material has a high quality service team. First of all, the authors of study materials are experts in the field.
CFA CFA-Level-I Preview - Then join our preparation kit.
CFA-Level-I Preview exam materials provide you the best learning prospects, by employing minimum exertions through the results are satisfyingly surprising, beyond your expectations. Despite the intricate nominal concepts, CFA-Level-I Preview exam dumps questions have been streamlined to the level of average candidates, pretense no obstacles in accepting the various ideas. The combination of CFA-Level-I Preview Exam practice software and PDF Questions and Answers make the preparation easier and increase the chances to get higher score in the CFA-Level-I Preview exam.
What most useful is that PDF format of our CFA-Level-I Preview exam materials can be printed easily, you can learn it everywhere and every time you like. It is really convenient for candidates who are busy to prepare the exam.
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
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: 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%.
Our EMC D-XTR-DY-A-24 exam material is good to EMC D-XTR-DY-A-24 pass exam in a week. Put down all your worries and come to purchase our Splunk SPLK-1003 learning quiz! These free web sources are significant for ISQI CTFL_Syll_4.0 certification syllabus. Our Huawei H19-319_V2.0 learning questions have its own advantage. Moreover if you are not willing to continue our Huawei H11-851_V4.0 test braindumps service, we would delete all your information instantly without doubt.
Updated: May 26, 2022