We are on the same team, and it is our common wish to help your realize it. So you can relay on us to success and we won't let you down! To make sure your situation of passing the certificate efficiently, our CFA-Level-I Test Forum study materials are compiled by first-rank experts. We have money refund policy to ensure your interest in case the failure of CFA-Level-I Test Forum actual test. CFA-Level-I Test Forum is the authentic study guides with the latest exam material which can help you solve all the difficulties in the actual test. Our CFA-Level-I Test Forum training materials have won great success in the market.
CFA Level CFA-Level-I You can study any time anywhere you want.
Therefore, you are able to get hang of the essential points in a shorter time compared to those who are not willing to use our CFA-Level-I - CFA Institute CFA Level I Chartered Financial Analyst Test Forum exam torrent. Our IT professionals have made their best efforts to offer you the latest Latest CFA-Level-I Dumps Ppt study guide in a smart way for the certification exam preparation. With the help of our Latest CFA-Level-I Dumps Ppt dumps collection, all level of candidates can grasp the key content of the real exam and solve the difficulty of Latest CFA-Level-I Dumps Ppt real questions easily.
Passing a CFA-Level-I Test Forum exam to get a certificate will help you to look for a better job and get a higher salary. If you are tired of finding a high quality study material, we suggest that you should try our CFA-Level-I Test Forum exam prep. Because our materials not only has better quality than any other same learn products, but also can guarantee that you can pass the CFA-Level-I Test Forum exam with ease.
CFA CFA-Level-I Test Forum - There is no doubt that you can get a great grade.
Our CFA-Level-I Test Forum training quiz is provided by PDF, Software/PC, and App/Online, which allows you to choose a suitable way to study anytime and anywhere. The PDF versions of CFA-Level-I Test Forum study materials can be printed into a paper file, more convenient to read and take notes. You can also try the simulated exam environment with CFA-Level-I Test Forum software on PC. Anyway, you can practice the key knowledge repeatedly with our CFA-Level-I Test Forum test prep, and at the same time, you can consolidate your weaknesses more specifically.
So we are bravely breaking the stereotype of similar content materials of the exam, but add what the exam truly tests into our CFA-Level-I Test Forum exam guide. So we have adamant attitude to offer help rather than perfunctory attitude.
CFA-Level-I PDF DEMO:
QUESTION NO: 1
Use of the percentage-of-completion method, versus the completed contract method results in:
A. higher debt equity ratios and cash flows.
B. higher profitability ratios in the early years of the contract.
C. higher total income over the life of the contract.
Answer: B
Explanation: Percentage of completion results in the same cash flows and income over the life of the contract. In the early years of the contract, the profit margins will be higher.
QUESTION NO: 2
The following data pertains to the McGuire Company:
Net income: $15,000. 5,000 shares of common stock issued on January 1st. 10 percent stock dividend issued on June 1st. 1000 shares of common stock were repurchased on July 1st. 1000 shares of 10 percent, par $100 preferred stock each convertible into 8 shares of common were outstanding the whole year.
What is the company's basic earnings per share (EPS)?
A. 1.2
B. 1.0
C. 2.5
Answer: B
Explanation: Number of average shares:
1 /1: 5,500 shares issued (includes 10% stock dividend on 6/1) x 12 months = 66,000. 7/1: 1,000 shares
repurchased x 6 months = -6,000. 60,000 shares/12 months = 5,000 average shares. Preferred dividends
= ($10)( $1000) = $10,000. Basic EPS = [$15,000(NI) - $10,000(preferred dividends)]/5,000 shares =
$ 5,000/5,000 shares = $1/share
QUESTION NO: 3
Brokerage firm A provides the lowest cost for trade execution. Brokerage firm B has higher costs but
also provides research that your firm can use to make investment decisions beneficial to clients.
A. Your firm is obliged to trade with firm A
B. Your firm can use firm B only if the research would be purchased anyway and the combined cost is lower at B
C. Your firm can use either firm because they are providing a different combination of services.
Answer: B
QUESTION NO: 4
A corporation's free cash flow is its:
A. Cash flow from operating activities that is not subject to income taxes.
B. Cash flow from operating activities available after basic business obligations have been met.
C. Cash flow from operating activities less all cash payments for investing and financing activities.
Answer: B
QUESTION NO: 5
Service cost recognized in an employer-sponsored defined benefit plan and included in the net pension expense calculation represents the:
A. Increase in the projected benefit obligation resulting from the passage of time.
B. Actuarial present value of benefits attributed by the pension benefit formula to an employee during a period.
C. Amortization of the discount on unrecognized prior service costs.
Answer: B
Explanation: Per SFAS No. 87, service cost is defined as the actuarial present value of benefits attributed
by the pension benefit formula to an employee during a period.
We sincerely hope that you can try our Google Professional-Cloud-Architect learning quiz. If you do not have extraordinary wisdom, do not want to spend too much time on learning, but want to reach the pinnacle of life through Cisco 300-435 exam, then you must have Cisco 300-435 question torrent. By practicing our Microsoft MB-700 learning materials, you will get the most coveted certificate smoothly. Our EMC D-VXR-OE-23 study materials are easy to be mastered and boost varied functions. What most important is that our SAP C_C4H320_34 study materials can be download, installed and used safe.
Updated: May 26, 2022