Combined with your specific situation and the characteristics of our CFA-Level-I Practice Questions Download exam questions, our professional services will recommend the most suitable version of CFA-Level-I Practice Questions Download study materials for you. We introduce a free trial version of the CFA-Level-I Practice Questions Download learning guide because we want users to see our sincerity. CFA-Level-I Practice Questions Download exam prep sincerely hopes that you can achieve your goals and realize your dreams. We always strictly claim for our CFA-Level-I Practice Questions Download study materials must be the latest version, to keep our study materials up to date, we constantly review and revise them to be at par with the latest CFA syllabus for CFA-Level-I Practice Questions Download exam. This feature has been enjoyed by over 80,000 takes whose choose our study materials. Don't worry about channels to the best CFA-Level-I Practice Questions Download study materials so many exam candidates admire our generosity of offering help for them.
CFA Level CFA-Level-I Now IT industry is more and more competitive.
Just come to buy our CFA-Level-I - CFA Institute CFA Level I Chartered Financial Analyst Practice Questions Download learning guide and you will love it. If you are still struggling to prepare for passing CFA-Level-I Exam Voucher certification exam, at this moment Omgzlook can help you solve problem. Omgzlook can provide you training materials with good quality to help you pass the exam, then you will become a good CFA CFA-Level-I Exam Voucher certification member.
Free demos are understandable and part of the CFA-Level-I Practice Questions Download exam materials as well as the newest information for your practice. And because that our CFA-Level-I Practice Questions Download study guide has three versions: the PDF, Software and APP online. So accordingly, we offer three versions of free demos for you to download.
CFA CFA-Level-I Practice Questions Download - Most companies think highly of this character.
Nowadays, our learning methods become more and more convenient. Advances in technology allow us to learn freely on mobile devices. However, we understand that some candidates are still more accustomed to the paper, so our CFA-Level-I Practice Questions Download study materials provide customers with a variety of versions to facilitate your learning process: the PDF, Software and APP online. These three versions of our CFA-Level-I Practice Questions Download practice engine can provide you study on all conditions. Come and buy our CFA-Level-I Practice Questions Download exam guide!
We provide one year studying assist service and one year free updates downloading of CFA CFA-Level-I Practice Questions Download exam questions. If you fail exam we support to exchange and full refund.
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%.
And you can free download the demos of our ISACA CISA learning guide on our website, it is easy, fast and convenient. Most IT workers prefer to choose our online test engine for their Google Professional-Cloud-Developer exam prep because online version is more flexible and convenient. And all of the PDF version, online engine and windows software of the SAP C_LIXEA_2404 study guide will be tested for many times. We guarantee that our Microsoft MD-102 exam prep is cost-efficient and affordable for most candidates who want to get certification quickly in their first try. WGU Principles-of-Management - It is important to review the questions you always choose mistakenly.
Updated: May 26, 2022