Therefore, our CFA Institute CFA Level I Chartered Financial Analyst guide torrent is attributive to high-efficient learning. The immediate downloading feature of our CFA-Level-I Associate Level Test certification guide is an eminent advantage of our products. Once the pay is done, our customers will receive an e-mail from our company. What's more, it is the best recognition for us that you obtain the CFA-Level-I Associate Level Test exam certification. Our Omgzlook team know that it is very hard to build trust relationship between the seller and customer. As long as you choose our CFA-Level-I Associate Level Test exam materials, you never have to worry about this problem.
CFA Level CFA-Level-I So you need to be brave enough to have a try.
With the help of our online version, you can not only practice our CFA-Level-I - CFA Institute CFA Level I Chartered Financial Analyst Associate Level Test exam pdf in any electronic equipment, but also make you feel the atmosphere of CFA-Level-I - CFA Institute CFA Level I Chartered Financial Analyst Associate Level Test actual test. And all of the PDF version, online engine and windows software of the Valid Test CFA-Level-I Questions Fee study guide will be tested for many times. Although it is not easy to solve all technology problems, we have excellent experts who never stop trying.
Our valid CFA-Level-I Associate Level Test practice questions are created according to the requirement of the certification center based on the real questions. Our team always checked and revised CFA-Level-I Associate Level Test dumps pdf to ensure the accuracy of our preparation study materials. We guarantee that our CFA-Level-I Associate Level Test exam prep is cost-efficient and affordable for most candidates who want to get certification quickly in their first try.
CFA CFA-Level-I Associate Level Test - Add Omgzlook's products to cart now!
we can give you 100% pass rate guarantee. CFA-Level-I Associate Level Test practice quiz is equipped with a simulated examination system with timing function, allowing you to examine your CFA-Level-I Associate Level Test learning results at any time, keep checking for defects, and improve your strength. Besides, during the period of using CFA-Level-I Associate Level Test learning guide, we also provide you with 24 hours of free online services, which help to solve any problem for you at any time and sometimes mean a lot to our customers.
We promise that we will do our best to help you pass the CFA certification CFA-Level-I Associate Level Test exam. Omgzlook's providing training material is very close to the content of the formal examination.
CFA-Level-I PDF DEMO:
QUESTION NO: 1
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: 2
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: 3
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: 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
You are examining a portfolio composed of 33% money-market investments, 9.5% bonds, and
57.5% stocks. Last year, the return on the money-market investments was 4%; the return on bonds was
9 %, and the return on stocks was -11%. What is the contribution of stocks toward the portfolio weighted
average return?
A. -57.50%. B 11 00%
B. -11.00%.
C. -6.325%.
Answer: C
Explanation: The portfolio weighted-average mean return is equal to the sum (as i goes from 1 to n) of w_i
* X_i, where w_i is the percentage weight in the portfolio of the ith asset, and X_i is the investment return
of the ith asset. The contribution of any asset will equal its weight in the portfolio times its return.
Here, we
get 0.575 * - 0.11 = -6.325%.
Our Dell D-PVMD24-DY-A-00 exam materials give real exam environment with multiple learning tools that allow you to do a selective study and will help you to get the job that you are looking for. IBM S2000-024 - We will provide one year free update service for those customers who choose Omgzlook's products. With the help of the Dell D-PDPS4400-A-01 practice exam questions, you will be able to feel the real Dell D-PDPS4400-A-01 exam scenario, and it will allow you to assess your skills. Huawei H19-338_V3.0 - Our resources are constantly being revised and updated, with a close correlation. The dumps include Lpi 701-100 study questions that likely to be set in real Lpi 701-100 exam.
Updated: May 26, 2022