Our CFA-Level-I Test guide torrent will help you establish the error sets. We believe that it must be very useful for you to take your exam, and it is necessary for you to use our CFA-Level-I Test test questions. In order to meet the requirements of our customers, Our CFA-Level-I Test test questions carefully designed the automatic correcting system for customers. The 24/7 customer service will be waiting for you, if you have any questions. Passing the CFA-Level-I Test exam certification will be easy and fast, if you have the right resources at your fingertips. The three versions of our CFA-Level-I Test exam questions are PDF & Software & APP version for your information.
CFA Level CFA-Level-I Our after sales services are also considerate.
With CFA-Level-I - CFA Institute CFA Level I Chartered Financial Analyst Test exam guide, you can perform the same computer operations as the real exam, completely taking you into the state of the actual exam, which will help you to predict the problems that may occur during the exam, and let you familiarize yourself with the exam operation in advance and avoid rushing during exams. To those time-sensitive exam candidates, our high-efficient New CFA-Level-I Vce Exam Simulator study questions comprised of important news will be best help. To go with the changing neighborhood, we need to improve our efficiency of solving problems as well as the new contents of our New CFA-Level-I Vce Exam Simulator exam questions accordingly, so all points are highly fresh about in compliance with the syllabus of the exam.
For we have engaged in this career for years and we are always trying our best to develope every detail of our CFA-Level-I Test study quiz. With our CFA-Level-I Test exam questions, you will find the exam is just a piece of cake. What are you still hesitating for? Hurry to buy our CFA-Level-I Test learning engine now!
CFA CFA-Level-I Test - Please give us a chance to prove.
We provide online customer service to the customers for 24 hours per day and we provide professional personnel to assist the client in the long distance online. If you have any questions and doubts about the CFA Institute CFA Level I Chartered Financial Analyst guide torrent we provide before or after the sale, you can contact us and we will send the customer service and the professional personnel to help you solve your issue about using CFA-Level-I Test exam materials. The client can contact us by sending mails or contact us online. We will solve your problem as quickly as we can and provide the best service. Our after-sales service is great as we can solve your problem quickly and won’t let your money be wasted. If you aren’t satisfied with our CFA-Level-I Test exam torrent you can return back the product and refund you in full.
No company in the field can surpass us. So we still hold the strong strength in the market.
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.
With high-quality Microsoft MS-700 guide materials and flexible choices of learning mode, they would bring about the convenience and easiness for you. Because, after all, EMC D-MSS-DS-23 is a very important certified exam of CFA. Microsoft PL-600 - Need any help, please contact with us again! In order to pass CFA certification APMG-International Better-Business-Cases-Practitioner exam disposably, you must have a good preparation and a complete knowledge structure. Microsoft SC-200 - Many people, especially the in-service staff, are busy in their jobs, learning, family lives and other important things and have little time and energy to learn and prepare the exam.
Updated: May 26, 2022