Obtaining our CFA-Level-I Test Dumps study guide in the palm of your hand, you can achieve a higher rate of success. Besides, there are free demos for your careful consideration to satisfy individual needs on our CFA-Level-I Test Dumps learning prep. You can free download them to check if it is the exact one that you want. You have tried all kinds of exam questions when others are still looking around for CFA-Level-I Test Dumps exam materials, which means you have stayed one step ahead of other IT exam candidates. CFA-Level-I Test Dumps exam software provided by our Omgzlook consists of full exam resources will offer you a simulation of the real exam atmosphere of CFA-Level-I Test Dumps. Our company happened to be designing the CFA-Level-I Test Dumps exam question.
CFA Level CFA-Level-I They can be obtained within five minutes.
Good CFA-Level-I - CFA Institute CFA Level I Chartered Financial Analyst Test Dumps study guide will be a shortcut for you to well-directed prepare and practice efficiently, you will avoid do much useless efforts and do something interesting. And besides, you can take it with you wherever you go for it is portable and takes no place. So the PDF version of our Reliable Test CFA-Level-I Passing Score exam questions is convenient.
Downloading the CFA-Level-I Test Dumps free demo doesn't cost you anything and you will learn about the pattern of our practice exam and the accuracy of our CFA-Level-I Test Dumps test answers. We constantly check the updating of CFA-Level-I Test Dumps vce pdf to follow the current exam requirement and you will be allowed to free update your pdf files one-year. Don't hesitate to get help from our customer assisting.
CFA CFA-Level-I Test Dumps - Do not reject learning new things.
Discount is being provided to the customer for the entire CFA CFA-Level-I Test Dumps preparation suite. These CFA-Level-I Test Dumps learning materials include the CFA-Level-I Test Dumps preparation software & PDF files containing sample Interconnecting CFA CFA-Level-I Test Dumps and answers along with the free 90 days updates and support services. We are facilitating the customers for the CFA CFA-Level-I Test Dumps preparation with the advanced preparatory tools.
We believe our study materials will be very useful and helpful for all people who are going to prepare for the CFA-Level-I Test Dumps exam. There are a lot of excellent experts and professors in our company.
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.
Our ISQI CTFL-Foundation study materials offer you a free trial service, and you can download our trial questions bank for free. The PDF version of the CompTIA PT0-003 exam prep has many special functions, including download the demo for free, support the printable format and so on. Additionally, the ECCouncil 212-82 exam takers can benefit themselves by using our testing engine and get numerous real ECCouncil 212-82 exam like practice questions and answers. Our Palo Alto Networks PSE-SoftwareFirewall exam prep has gained wide popularity among candidates. You can also avail of the free demo so that you will have an idea how convenient and effective our AACN CCRN-Adult exam dumps are for AACN CCRN-Adult certification.
Updated: May 26, 2022