All CFA-Level-I Sample Online online tests begin somewhere, and that is what the CFA-Level-I Sample Online training guide will do for you: create a foundation to build on. Study guides are essentially a detailed CFA-Level-I Sample Online training guide and are great introductions to new CFA-Level-I Sample Online training guide as you advance. The content is always relevant, and compound again to make you pass your CFA-Level-I Sample Online exams on the first attempt. The quality of our CFA-Level-I Sample Online training material is excellent. After all, we have undergone about ten years’ development. Our CFA-Level-I Sample Online} exam software will test the skills of the customers in a virtual exam like situation and will also highlight the mistakes of the candidates.
CFA Level CFA-Level-I The knowledge you have learned is priceless.
Our experts offer help by diligently working on the content of CFA-Level-I - CFA Institute CFA Level I Chartered Financial Analyst Sample Online learning questions more and more accurate. With the help of our hardworking experts, our Mock CFA-Level-I Test exam braindumps have been on the front-front of this industry and help exam candidates around the world win in valuable time. With years of experience dealing with exam, they have thorough grasp of knowledge which appears clearly in our Mock CFA-Level-I Test actual exam.
But the CFA-Level-I Sample Online test prep we provide are compiled elaborately and it makes you use less time and energy to learn and provide the study materials of high quality and seizes the focus the exam. It lets you master the most information and costs you the least time and energy. The CFA-Level-I Sample Online prep torrent we provide will cost you less time and energy.
CFA CFA-Level-I Sample Online - The downloading process is operational.
Regarding the process of globalization, every fighter who seeks a better life needs to keep pace with its tendency to meet challenges. CFA-Level-I Sample Online certification is a stepping stone for you to stand out from the crowd. Nowadays, having knowledge of the CFA-Level-I Sample Online study braindumps become widespread, if you grasp solid technological knowledge, you are sure to get a well-paid job and be promoted in a short time. According to our survey, those who have passed the exam with our CFA-Level-I Sample Online test guide convincingly demonstrate their abilities of high quality, raise their professional profile, expand their network and impress prospective employers.
As a result, many students have bought materials that are not suitable for them and have wasted a lot of money. But CFA-Level-I Sample Online guide torrent will never have similar problems, not only because CFA-Level-I Sample Online exam torrent is strictly compiled by experts according to the syllabus, which are fully prepared for professional qualification examinations, but also because CFA-Level-I Sample Online guide torrent provide you with free trial services.
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
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: 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.
As long as you spare one or two hours a day to study with our latest ACAMS CAMS-KR quiz prep, we assure that you will have a good command of the relevant knowledge before taking the exam. And at the same time, you don't have to pay much time on the preparation for our Fortinet FCP_FML_AD-7.4 learning guide is high-efficient. What's more, during the whole year after purchasing, you will get the latest version of our Cisco 300-635 study materials for free. We are willing to recommend you to try the PRINCE2 PRINCE2-Foundation learning guide from our company. In order to cater to the different needs of people from different countries in the international market, we have prepared three kinds of versions of our Snowflake COF-C02 learning questions in this website.
Updated: May 26, 2022