To ensure a more comfortable experience for users of CFA-Level-I Exam Materials test material, we offer a thoughtful package. Not only do we offer free demo services before purchase, we also provide three learning modes for users. Even if the user fails in the CFA Institute CFA Level I Chartered Financial Analyst exam dumps, users can also get a full refund of our CFA-Level-I Exam Materials quiz guide so that the user has no worries. With many years of experience in this line, we not only compile real test content into our CFA-Level-I Exam Materials learning quiz, but the newest in to them. And our professionals always keep a close eye on the new changes of the subject and keep updating the CFA-Level-I Exam Materials study questions to the most accurate. Last but not least, our perfect customer service staff will provide users with the highest quality and satisfaction in the hours.
We can help you pass the CFA CFA-Level-I Exam Materials exam smoothly.
And we can always give you the most professional services on our CFA-Level-I - CFA Institute CFA Level I Chartered Financial Analyst Exam Materials training guide. So that you will have the confidence to win the exam. Omgzlook's CFA CFA-Level-I Reliable Study Guide Sheet exam training materials are highly targeted.
Stop hesitation! As we all know, a lot of efforts need to be made to develop a CFA-Level-I Exam Materials learning prep. Firstly, a huge amount of first hand materials are essential, which influences the quality of the compilation about the CFA-Level-I Exam Materials actual test guide.
CFA CFA-Level-I Exam Materials - Add Omgzlook's products to cart now!
we can give you 100% pass rate guarantee. CFA-Level-I Exam Materials practice quiz is equipped with a simulated examination system with timing function, allowing you to examine your CFA-Level-I Exam Materials learning results at any time, keep checking for defects, and improve your strength. Besides, during the period of using CFA-Level-I Exam Materials learning guide, we also provide you with 24 hours of free online services, which help to solve any problem for you at any time and sometimes mean a lot to our customers.
We promise that we will do our best to help you pass the CFA certification CFA-Level-I Exam Materials exam. Omgzlook's providing training material is very close to the content of the formal examination.
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
You are examining a portfolio composed of 33% money-market investments, 9.5% bonds, and
57.5% stocks. Last year, the return on the money-market investments was 4%; the return on bonds was
9 %, and the return on stocks was -11%. What is the contribution of stocks toward the portfolio weighted
average return?
A. -57.50%. B 11 00%
B. -11.00%.
C. -6.325%.
Answer: C
Explanation: The portfolio weighted-average mean return is equal to the sum (as i goes from 1 to n) of w_i
* X_i, where w_i is the percentage weight in the portfolio of the ith asset, and X_i is the investment return
of the ith asset. The contribution of any asset will equal its weight in the portfolio times its return.
Here, we
get 0.575 * - 0.11 = -6.325%.
QUESTION NO: 3
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: 4
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: 5
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.
Dell D-PDPS-A-01 - By clearing different CFA exams, you can easily land your dream job. Snowflake COF-C02 - We will provide one year free update service for those customers who choose Omgzlook's products. Our SAP C-THR97-2405 exam questions zre up to date, and we provide user-friendly SAP C-THR97-2405 practice test software for the SAP C-THR97-2405 exam. Network Appliance NS0-521 - As most of our exam questions are updated monthly, you will get the best resources with market-fresh quality and reliability assurance. They provide you a swift understanding of the key points of SAP C-BW4H-2404 covered under the syllabus contents.
Updated: May 26, 2022