Rather than blindly assiduous hardworking for amassing knowledge of computer, you can achieve success skillfully. They are masterpieces of experts who are willing to offer the most effective and accurate CFA-Level-I Pass4Sure Study Materials latest material for you. The successful outcomes are appreciable after you getting our CFA-Level-I Pass4Sure Study Materials exam prep. In fact, our CFA-Level-I Pass4Sure Study Materials study materials can give you professional guidance no matter on your daily job or on your career. And with the CFA-Level-I Pass4Sure Study Materials certification, you will find you can be better with our help. Our CFA-Level-I Pass4Sure Study Materials simulating exam is perfect for they come a long way on their quality.
CFA Level CFA-Level-I Many people think this is incredible.
Choose CFA-Level-I - CFA Institute CFA Level I Chartered Financial Analyst Pass4Sure Study Materials test guide to get you closer to success. Some customers might worry that passing the exam is a time-consuming process. Now our CFA-Level-I 100% Correct Answers actual test guide can make you the whole relax down, with all the troubles left behind.
It is common in modern society that many people who are more knowledgeable and capable than others finally lost some good opportunities for development because they didn’t obtain the CFA-Level-I Pass4Sure Study Materials certification. The prerequisite for obtaining the CFA-Level-I Pass4Sure Study Materials certification is to pass the exam, but not everyone has the ability to pass it at one time. But our CFA-Level-I Pass4Sure Study Materials exam questions will help you pass the exam by just one go for we have the pass rate high as 98% to 100%.
So our CFA CFA-Level-I Pass4Sure Study Materials study questions are their best choice.
With the rise of internet and the advent of knowledge age, mastering knowledge about computer is of great importance. This CFA-Level-I Pass4Sure Study Materials exam is your excellent chance to master more useful knowledge of it. Up to now, No one has questioned the quality of our CFA-Level-I Pass4Sure Study Materials training materials, for their passing rate has reached up to 98 to 100 percent. If you make up your mind of our CFA-Level-I Pass4Sure Study Materials exam questions after browsing the free demos, we will staunchly support your review and give you a comfortable and efficient purchase experience this time.
And our online test engine and the windows software of the CFA-Level-I Pass4Sure Study Materials guide materials are designed more carefully. During our researching and developing, we always obey the principles of conciseness and exquisiteness.
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%.
Huawei H11-851_V4.0 test guide is an examination material written by many industry experts based on the examination outlines of the calendar year and industry development trends. Huawei H20-421_V1.0 - Omgzlook can provide you with the best and latest exam resources. Now we have PDF version, windows software and online engine of the Netskope NSK101 certification materials. If you purchase the training materials we provide, you can pass CFA certification SAP C-ARSCC-2404 exam successfully. CompTIA N10-008 - Sometimes, we will receive some good suggestions from our users.
Updated: May 26, 2022