Our CFA-Level-I Test Materials exam review contains the latest test questions and accurate answers along with the professional explanations. A little attention to prepare CFA-Level-I Test Materials practice test will improve your skills to clear exam with high passing score. For most busy IT workers, CFA-Level-I Test Materials dumps pdf is the best alternative to your time and money to secure the way of success in the IT filed. Let me tell the advandages of using the CFA-Level-I Test Materials practice engine. First of all, CFA-Level-I Test Materials exam materials will combine your fragmented time for greater effectiveness, and secondly, you can use the shortest time to pass the exam to get your desired certification. Our experts check the updating of CFA-Level-I Test Materials free demo to ensure the accuracy of our dumps and create the pass guide based on the latest information.
Our CFA-Level-I Test Materials exam materials have plenty of advantages.
The software version of our CFA-Level-I - CFA Institute CFA Level I Chartered Financial Analyst Test Materials study engine is designed to simulate a real exam situation. Repeated attempts will sharpen your minds. Maybe our Reliable CFA-Level-I Exam Camp Questions learning quiz is suitable for you.
It can be said that CFA-Level-I Test Materials test guide is the key to help you open your dream door. We have enough confidence in our products, so we can give a 100% refund guarantee to our customers. CFA-Level-I Test Materials exam questions promise that if you fail to pass the exam successfully after purchasing our product, we are willing to provide you with a 100% full refund.
CFA CFA-Level-I Test Materials - And the quality of our exam dumps are very high!
In order to survive in the society and realize our own values, learning our CFA-Level-I Test Materials practice engine is the best way. Never top improving yourself. The society warmly welcomes struggling people. You will really benefit from your correct choice. Our CFA-Level-I Test Materials study materials are ready to help you pass the exam and get the certification. You can certainly get a better life with the certification. Please make a decision quickly. We are waiting for you to purchase our CFA-Level-I Test Materials exam questions.
What the certificate main? All kinds of the test CFA-Level-I Test Materials certification, prove you through all kinds of qualification certificate, it is not hard to find, more and more people are willing to invest time and effort on the CFA-Level-I Test Materials exam guide, because get the test CFA-Level-I Test Materials certification is not an easy thing, so, a lot of people are looking for an efficient learning method. And here, fortunately, you have found the CFA-Level-I Test Materials exam braindumps, a learning platform that can bring you unexpected experiences.
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
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: 4
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: 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.
ISTQB CTAL-TTA - The product of Omgzlook not only can 100% guarantee you to pass the exam, but also can provide you a free one-year update service. If you buy our Microsoft SC-100 study questions, you can enjoy the similar real exam environment. IBM C1000-137 - However, you can choose many ways to help you pass the exam. Our ISC CISSP-KR study materials have three versions which are versions of PDF, Software/PC, and APP/Online. You can free download part of Omgzlook's exercises and answers about CFA certification Juniper JN0-683 exam as a try, then you will be more confident to choose our Omgzlook's products to prepare your CFA certification Juniper JN0-683 exam.
Updated: May 26, 2022