One of the great advantages is that you will soon get a feedback after you finish the exercises. So you are able to adjust your learning plan of the CFA-Level-I Practice Materials guide test flexibly. We hope that our new design can make study more interesting and colorful. We believe that CFA-Level-I Practice Materials study tool will make you fall in love with learning. Come and buy it now. CFA-Level-I Practice Materials exam prep look forward to meeting you.
CFA Level CFA-Level-I I wish you good luck.
With our exclusive online CFA CFA-Level-I - CFA Institute CFA Level I Chartered Financial Analyst Practice Materials exam training materials, you'll easily through CFA CFA-Level-I - CFA Institute CFA Level I Chartered Financial Analyst Practice Materials exam. But in order to let the job position to improve spending some money to choose a good training institution to help you pass the exam is worthful. Omgzlook's latest training material about CFA certification Best CFA-Level-I Preparation Materials exam have 95% similarity with the real test.
The exam materiala of the Omgzlook CFA CFA-Level-I Practice Materials is specifically designed for candicates. It is a professional exam materials that the IT elite team specially tailored for you. Passed the exam certification in the IT industry will be reflected in international value.
CFA CFA-Level-I Practice Materials - Come on, you will be the next best IT experts.
CFA CFA-Level-I Practice Materials certification exam is among those popular IT certifications. It is also the dream of ambitious IT professionals. This part of the candidates need to be fully prepared to allow them to get the highest score in the CFA-Level-I Practice Materials exam, make their own configuration files compatible with market demand.
Omgzlook dumps has high hit rate that will help you to pass CFA CFA-Level-I Practice Materials test at the first attempt, which is a proven fact. So, the quality of Omgzlook practice test is 100% guarantee and Omgzlook dumps torrent is the most trusted exam materials.
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.
Google Professional-Data-Engineer - This is a site of great help to you. If you obtain Google Associate-Cloud-Engineer certificate, you can get a lot of benefits. Microsoft AI-900-CN - We also offer a year of free updates. Are you worrying about how to pass CFA Microsoft MS-900-KR test? Now don't need to worry about the problem. HP HPE0-V28-KR - Its accuracy rate is 100% and let you take the exam with peace of mind, and pass the exam easily.
Updated: May 26, 2022