Our CFA-Level-I Sheets study materials have included all significant knowledge about the exam. So you do not need to pick out the important points by yourself. Also, our CFA-Level-I Sheets practice engine can greatly shorten your preparation time of the exam. Our CFA-Level-I Sheets training braindumps are famous for its wonderful advantages. The content is carefully designed for the CFA-Level-I Sheets exam, rich question bank and answer to enable you to master all the test knowledge in a short period of time. The updated version of the CFA-Level-I Sheets study guide will be different from the old version.
CFA Level CFA-Level-I It is quite convenient.
CFA Level CFA-Level-I Sheets - CFA Institute CFA Level I Chartered Financial Analyst No extra reference books are needed. If you are better, you will have a more relaxed life. Latest CFA-Level-I Test Sample guide materials allow you to increase the efficiency of your work.
our CFA-Level-I Sheets study materials will also save your time and energy in well-targeted learning as we are going to make everything done in order that you can stay focused in learning our CFA-Level-I Sheets study materials without worries behind. We are so honored and pleased to be able to read our detailed introduction and we will try our best to enable you a better understanding of our CFA-Level-I Sheets study materials better.
CFA CFA-Level-I Sheets - You will become friends with better people.
Are you an IT staff? Are you enroll in the most popular IT certification exams? If you tell me "yes", then I will tell you a good news that you're in luck. Omgzlook's CFA CFA-Level-I Sheets exam training materials can help you 100% pass the exam. This is a real news. If you want to scale new heights in the IT industry, select Omgzlook please. Our training materials can help you pass the IT exams. And the materials we have are very cheap. Do not believe it, see it and then you will know.
We have made all efforts to update our products in order to help you deal with any change, making you confidently take part in the CFA-Level-I Sheets exam. Every day they are on duty to check for updates of CFA-Level-I Sheets study materials for providing timely application.
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
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%.
Salesforce Public-Sector-Solutions - It includes questions and answers, and issimilar with the real exam questions. We have clear data collected from customers who chose our SAP C-DBADM-2404 practice braindumps, and the passing rate is 98-100 percent. SAP C_THR81_2311 - With this certification, you can light up your heart light in your life. To make our Huawei H14-331_V1.0 simulating exam more precise, we do not mind splurge heavy money and effort to invite the most professional teams into our group. Microsoft MS-102 - What's more, the excellent dumps can stand the test rather than just talk about it.
Updated: May 26, 2022