If you master all key knowledge points, you get a wonderful score. If you choose our CFA-Level-I Test Tips exam review questions, you can share fast download. As we sell electronic files, there is no need to ship. It is known to us that more and more companies start to pay high attention to the CFA-Level-I Test Tips certification of the candidates. Because these leaders of company have difficulty in having a deep understanding of these candidates, may it is the best and fast way for all leaders to choose the excellent workers for their company by the CFA-Level-I Test Tips certification that the candidates have gained. We offer you the most accurate CFA-Level-I Test Tips exam answers that will be your key to pass the certification exam in your first try.
CFA Level CFA-Level-I You absolutely can pass the exam.
Online test engine enjoys great reputation among IT workers because it brings you to the atmosphere of CFA-Level-I - CFA Institute CFA Level I Chartered Financial Analyst Test Tips real exam and remarks your mistakes. In today's society, the number of college students has grown rapidly. Everyone has their own characteristics.
Our CFA-Level-I Test Tips exam review contains the latest test questions and accurate answers along with the professional explanations. A little attention to prepare CFA-Level-I Test Tips practice test will improve your skills to clear exam with high passing score. For most busy IT workers, CFA-Level-I Test Tips dumps pdf is the best alternative to your time and money to secure the way of success in the IT filed.
CFA CFA-Level-I Test Tips - And your life will become better and better.
Our CFA-Level-I Test Tips practice dumps is high quality product revised by hundreds of experts according to the changes in the syllabus and the latest developments in theory and practice, it is focused and well-targeted, so that each student can complete the learning of important content in the shortest time. With CFA-Level-I Test Tips training prep, you only need to spend 20 to 30 hours of practice before you take the CFA-Level-I Test Tips exam.
An ancient Chinese proverb states that “The journey of a thousand miles starts with a single step”. To be recognized as the leading international exam bank in the world through our excellent performance, our CFA Institute CFA Level I Chartered Financial Analyst qualification test are being concentrated on for a long time and have accumulated mass resources and experience in designing study materials.
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
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: 4
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: 5
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%.
But the mystery is quite challenging to pass Microsoft MB-335 exam unless you have an updated exam material. Our CompTIA PT0-002 study materials have the high pass rate as 98% to 100%, hope you can use it fully and pass the exam smoothly. We have organized a group of professionals to revise USGBC LEED-AP-ND preparation materials, according to the examination status and trend changes in the industry, tailor-made for the candidates. So many exam candidates feel privileged to have our HP HPE0-V28 practice braindumps. Microsoft AZ-140 - So just come and have a try!
Updated: May 26, 2022