We can say that our CFA-Level-I New Dumps Book test questions are the most suitable for examinee to pass the exam, you will never regret to buy it. Our study materials have enough confidence to provide the best CFA-Level-I New Dumps Book exam torrent for your study to pass it. With many years work experience, we have fast reaction speed to market change and need. Under the guidance of our CFA-Level-I New Dumps Book test braindumps, 20-30 hours’ preparation is enough to help you obtain the CFA certification, which means you can have more time to do your own business as well as keep a balance between a rest and taking exams. In fact, the overload of learning seems not to be a good method, once you are weary of such a studying mode, it’s difficult for you to regain interests and energy. Citing an old saying as "Opportunity always favors the ready minds”.
CFA Level CFA-Level-I The experts will update the system every day.
What are you waiting for? Come and buy CFA-Level-I - CFA Institute CFA Level I Chartered Financial Analyst New Dumps Book study guide now! Our CFA-Level-I Valid Study Questions Pdf study guide design three different versions for all customers. These three different versions include PDF version, software version and online version, they can help customers solve any problems in use, meet all their needs.
For most users, access to the relevant qualifying examinations may be the first, so many of the course content related to qualifying examinations are complex and arcane. According to these ignorant beginners, the CFA-Level-I New Dumps Book exam questions set up a series of basic course, by easy to read, with corresponding examples to explain at the same time, the CFA Institute CFA Level I Chartered Financial Analyst study question let the user to be able to find in real life and corresponds to the actual use of learned knowledge, deepened the understanding of the users and memory. Simple text messages, deserve to go up colorful stories and pictures beauty, make the CFA-Level-I New Dumps Book test guide better meet the zero basis for beginners, let them in the relaxed happy atmosphere to learn more useful knowledge, more good combined with practical, so as to achieve the state of unity.
CFA CFA-Level-I New Dumps Book - Now they have a better life.
If we waste a little bit of time, we will miss a lot of opportunities. If we miss the opportunity, we will accomplish nothing. Then, life becomes meaningless. Our CFA-Level-I New Dumps Book preparation exam have taken this into account, so in order to save our customer’s precious time, the experts in our company did everything they could to prepare our CFA-Level-I New Dumps Book study materials for those who need to improve themselves quickly in a short time to pass the exam to get the CFA-Level-I New Dumps Book certification.
Our learning materials are based on the customer's point of view and fully consider the needs of our customers. If you follow the steps of our CFA-Level-I New Dumps Book exam questions, you can easily and happily learn and ultimately succeed in the ocean of learning.
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
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%.
QUESTION NO: 4
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: 5
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.
The questions and answers of our SAP C_THR86_2405 exam questions are refined and have simplified the most important information so as to let the clients use little time to learn. The staff of EMC D-ECS-DY-23 study materials is online 24 hours a day, seven days a week. So our study materials are helpful to your preparation of the Microsoft PL-900 exam. IBM C1000-178 - So we have advandages not only on the content but also on the displays. Microsoft MB-310 - In the end, you will become an excellent talent.
Updated: May 26, 2022