The most important thing is that the CFA-Level-I Reliable Study Plan exam questions are continuously polished to be sold, so that users can enjoy the best service that our products bring. Our CFA-Level-I Reliable Study Plan real study dumps provide users with comprehensive learning materials, so that users can keep abreast of the progress of The Times. A good brand is not a cheap product, but a brand that goes well beyond its users' expectations. They check the update every day, and we can guarantee that you can get a free update service from the date of purchase. Once you have any questions and doubts about the CFA exam questions we will provide you with our customer service before or after the sale, you can contact us if you have question or doubt about our exam materials and the professional personnel can help you solve your issue about using CFA-Level-I Reliable Study Plan study materials. Our CFA Institute CFA Level I Chartered Financial Analyst study questions are suitable for a variety of levels of users, no matter you are in a kind of cultural level, even if you only have high cultural level, you can find in our CFA-Level-I Reliable Study Plan training materials suitable for their own learning methods.
Our CFA-Level-I Reliable Study Plan exam materials can help you realize it.
What are you still hesitating for? Hurry to buy our CFA-Level-I - CFA Institute CFA Level I Chartered Financial Analyst Reliable Study Plan learning engine now! Our CFA-Level-I Reliable Practice Questions Pdf guide materials are high quality and high accuracy rate products. It is all about the superior concreteness and precision of the CFA-Level-I Reliable Practice Questions Pdf exam questions that helps.
If you are worry about the coming CFA-Level-I Reliable Study Plan exam, our CFA-Level-I Reliable Study Plan study materials will help you solve your problem. In order to promise the high quality of our CFA-Level-I Reliable Study Plan exam questions, our company has outstanding technical staff, and has perfect service system after sale. More importantly, our good CFA-Level-I Reliable Study Plan guide quiz and perfect after sale service are approbated by our local and international customers.
CFA CFA-Level-I Reliable Study Plan - A bold attempt is half success.
Our CFA Institute CFA Level I Chartered Financial Analyst exam questions are designed by a reliable and reputable company and our company has rich experience in doing research about the study materials. We can make sure that all employees in our company have wide experience and advanced technologies in designing the CFA-Level-I Reliable Study Plan study dump. So a growing number of the people have used our study materials in the past years, and it has been a generally acknowledged fact that the quality of the CFA-Level-I Reliable Study Plan test guide from our company is best in the study materials market. Now we would like to share the advantages of our CFA-Level-I Reliable Study Plan study dump to you, we hope you can spend several minutes on reading our introduction; you will benefit a lot from it.
Using CFA-Level-I Reliable Study Plan real questions will not only help you clear exam with less time and money but also bring you a bright future. We are looking forward to your join.
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
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: 3
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: 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%.
Our ISM LEAD study materials can have such a high pass rate, and it is the result of step by step that all members uphold the concept of customer first. These Network Appliance NS0-521 exam pdf offers you a chance to get high passing score in formal test and help you closer to your success. HP HPE0-S60 - In the process of development, it also constantly considers the different needs of users. The frequently updated of PECB Lead-Cybersecurity-Manager latest torrent can ensure you get the newest and latest study material. Compared with your colleagues around you, with the help of our ISACA CISA preparation questions, you will also be able to have more efficient work performance.
Updated: May 26, 2022