Whether you are newbie or experienced exam candidates, our CFA-Level-I Test Practice study guide will relieve you of tremendous pressure and help you conquer the difficulties with efficiency. If you study with our CFA-Level-I Test Practice practice engine for 20 to 30 hours, we can claim that you can pass the exam as easy as a pie. Why not have a try? The experts will update the system every day. If there is new information about the exam, you will receive an email about the newest information about the CFA-Level-I Test Practice learning dumps. What are you waiting for? Come and buy CFA-Level-I Test Practice study guide now!
CFA Level CFA-Level-I As old saying goes, all roads lead to Rome.
CFA Level CFA-Level-I Test Practice - CFA Institute CFA Level I Chartered Financial Analyst We emphasize on customers satisfaction, which benefits both exam candidates and our company equally. You need to reserve our installation packages of our CFA-Level-I Valid Practice Questions Book learning guide in your flash disks. Then you can go to everywhere without carrying your computers.
As CFA-Level-I Test Practice exam questions with high prestige and esteem in the market, we hold sturdy faith for you. And you will find that our CFA-Level-I Test Practice learning quiz is quite popular among the candidates all over the world. We are sure you can seep great deal of knowledge from our CFA-Level-I Test Practice study prep in preference to other materials obviously.
Our CFA CFA-Level-I Test Practice study materials deserve your purchasing.
The optimization of CFA-Level-I Test Practice training questions is very much in need of your opinion. If you find any problems during use, you can give us feedback. We will give you some benefits as a thank you. You will get a chance to update the system of CFA-Level-I Test Practice real exam for free. Of course, we really hope that you can make some good suggestions after using our CFA-Level-I Test Practice study materials. We hope to grow with you and help you get more success in your life.
A free trial service is provided for all customers by our CFA-Level-I Test Practice study quiz, whose purpose is to allow customers to understand our products in depth before purchase. Many students often complain that they cannot purchase counseling materials suitable for themselves.
CFA-Level-I PDF DEMO:
QUESTION NO: 1
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: 2
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.
QUESTION NO: 3
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: 4
The British pound sterling has a bid price of $1.4419 and an ask price of $1.4428. What is the bid-ask spread?
A. 0.62%
B. 0.09%
C. 0.062%
Answer: C
Explanation: The bid-ask spread is computed as follows: Percent spread = (Ask price - Bid price)/Ask price X 100, or 1.4428 - .4419/1.4428 X 100 = 0.062%.
QUESTION NO: 5
Which of the following calculations can be successfully performed without knowing the required rate of return?
I). Net Present Value
II). Internal Rate of Return
III). Modified Internal Rate of Return
IV). Time-weighted Rate of Return
V. Dollar-weighted Rate of Return
VI). Valuing a common stock using the Dividend Discount Model
VII). Valuing a common stock using the Free-cash-flow-to-equity Model
A. II, IV, V
B. II, V, VI
C. II, IV, V, VI, VII
Answer: A
Explanation: Of the financial figures listed, only the Internal Rate of Return, which is also known as the
"Dollar-Weighted Rate of Return," and the Time-Weighted Rate of Return, can be calculated without knowing the required rate of return.
SAP C-TS422-2023 - Our passing rate may be the most attractive factor for you. Tableau TDS-C01 - I hope we have enough sincerity to impress you. Microsoft MB-260 - If you are not working hard, you will lose a lot of opportunities! Huawei H13-323_V1.0 - If you don't believe, you can give it a try. CompTIA SY0-601 exam prep sincerely hopes that you can achieve your goals and realize your dreams.
Updated: May 26, 2022