Omgzlook is a convenient website specifically for people who want to take the certification exams, which can effectively help the candidates to pass the exam. In order to pass CFA certification CFA-Level-I Practice Test Engine exam, selecting the appropriate training tools is very necessary. And professional study materials about CFA certification CFA-Level-I Practice Test Engine exam is a very important part. As you know, there are many users of CFA-Level-I Practice Test Engine exam preparation. But we work high-efficiently 24/7 to give you guidance. So you can choose an appropriate quick training from Omgzlook to pass the exam.
CFA Level CFA-Level-I Within a year, we provide free updates.
Considering many exam candidates are in a state of anguished mood to prepare for the CFA-Level-I - CFA Institute CFA Level I Chartered Financial Analyst Practice Test Engine exam, our company made three versions of CFA-Level-I - CFA Institute CFA Level I Chartered Financial Analyst Practice Test Engine real exam materials to offer help. If you participate in the IT exam, you should not hesitate to choose Omgzlook's CFA CFA-Level-I New Test Camp exam training materials. After you use, you will know that it is really good.
If you feel exam is a headache, don't worry. CFA-Level-I Practice Test Engine test answers can help you change this. CFA-Level-I Practice Test Engine study material is in the form of questions and answers like the real exam that help you to master knowledge in the process of practicing and help you to get rid of those drowsy descriptions in the textbook.
CFA CFA-Level-I Practice Test Engine - So you need not to summarize by yourself.
It is our responsibility to relieve your pressure from preparation of CFA-Level-I Practice Test Engine exam. To help you pass the CFA-Level-I Practice Test Engine exam is our goal. The close to 100% passing rate of our dumps allow you to be rest assured in our products. Not all vendors dare to promise that if you fail the exam, we will give you a full refund. But our IT elite of Omgzlook and our customers who are satisfied with our CFA-Level-I Practice Test Engine exam software give us the confidence to make such promise.
You can free download the part of CFA CFA-Level-I Practice Test Engine exam questions and answers Omgzlook provide as an attempt to determine the reliability of our products. I believe you will be very satisfied of our products.
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
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: 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%.
CompTIA 220-1102 - Our products are just suitable for you. Palo Alto Networks PCCSE - The training materials of Omgzlook are developed by many IT experts' continuously using their experience and knowledge to study, and the quality is very good and have very high accuracy. You will get your Palo Alto Networks PSE-SoftwareFirewall certification with little time and energy by the help of out dumps. WGU Integrated-Physical-Sciences - If you buy the Omgzlook's products, we will not only spare no effort to help you pass the certification exam, but also provide a free update and upgrade service. As we all know, it is not an easy thing to gain the Salesforce Nonprofit-Cloud-Consultant certification.
Updated: May 26, 2022