Most people are worried that it is not easy to obtain the certification of CFA-Level-I Exam Cram Materials, so they dare not choose to start. We are willing to appease your troubles and comfort you. We are convinced that our CFA-Level-I Exam Cram Materials test material can help you solve your problems. You can choose the version of CFA-Level-I Exam Cram Materials learning materials according to your interests and habits. And if you buy all of the three versions, the price is quite preferential and you can enjoy all of the CFA-Level-I Exam Cram Materials study experiences. Now, I am proud to tell you that our CFA-Level-I Exam Cram Materials study dumps are definitely the best choice for those who have been yearning for success but without enough time to put into it.
CFA Level CFA-Level-I But you don't have to worry about our products.
Actually, just think of our CFA-Level-I - CFA Institute CFA Level I Chartered Financial Analyst Exam Cram Materials test prep as the best way to pass the exam is myopic. The inevitable trend is that knowledge is becoming worthy, and it explains why good CFA-Level-I Latest Study Questions Sheet resources, services and data worth a good price. We always put our customers in the first place.
Our CFA-Level-I Exam Cram Materials preparation practice are highly targeted and have a high hit rate, there are a lot of learning skills and key points in the exam, even if your study time is very short, you can also improve your CFA-Level-I Exam Cram Materials exam scores very quickly. Even if you have a week foundation, I believe that you will get the certification by using our CFA-Level-I Exam Cram Materials study materials. We can claim that with our CFA-Level-I Exam Cram Materials practice engine for 20 to 30 hours, you will be ready to pass the exam with confidence.
You will never worry about the CFA CFA-Level-I Exam Cram Materials exam.
To cope with the fast growing market, we will always keep advancing and offer our clients the most refined technical expertise and excellent services about our CFA-Level-I Exam Cram Materials exam questions. In the meantime, all your legal rights will be guaranteed after buying our CFA-Level-I Exam Cram Materials study materials. For many years, we have always put our customers in top priority. Not only we offer the best CFA-Level-I Exam Cram Materials training prep, but also our sincere and considerate attitude is praised by numerous of our customers.
Our company committed all versions of CFA-Level-I Exam Cram Materials practice materials attached with free update service. When CFA-Level-I Exam Cram Materials exam preparation has new updates, the customer services staff will send you the latest version.
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
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: 4
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%.
QUESTION NO: 5
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.
You will come across almost all similar questions in the real IBM C1000-180 exam. So prepared to be amazed by our Fortinet NSE7_OTS-7.2 learning guide! IBM C1000-154 - So do not hesitate and hurry to buy our study materials. By analyzing the syllabus and new trend, our Nutanix NCSE-Core practice engine is totally in line with this exam for your reference. CompTIA 220-1101 - Do not worry.
Updated: May 26, 2022