All these versions of CFA-Level-I Reliable Test Experience pratice materials are easy and convenient to use. With the quick development of the eletronic products, more and more eletronic devices are designed to apply to our life. Accordingly there are huge changes on the study models of our CFA-Level-I Reliable Test Experience exam dumps as well. The experts in our company are always keeping a close eye on even the slightest change on the CFA-Level-I Reliable Test Experience exam questions in the field. Therefore, we can assure that you will miss nothing needed for the CFA-Level-I Reliable Test Experience exam. You must be inspired by your interests and motivation.
CFA Level CFA-Level-I It costs both time and money.
So CFA-Level-I - CFA Institute CFA Level I Chartered Financial Analyst Reliable Test Experience practice materials come within the scope of our business activities. You can totally rely on us! We never concoct any praise but show our capacity by the efficiency and profession of our Latest Study Guide CFA-Level-I Free practice materials.
CFA-Level-I Reliable Test Experience study engine is very attentive to provide a demo for all customers who concerned about our products, whose purpose is to allow customers to understand our product content before purchase. Many students suspect that if CFA-Level-I Reliable Test Experience learning material is really so magical? Does it really take only 20-30 hours to pass such a difficult certification exam successfully? It is no exaggeration to say that you will be able to successfully pass the exam with our CFA-Level-I Reliable Test Experience exam questions.
CFA CFA-Level-I Reliable Test Experience - You must be very surprised.
Our CFA-Level-I Reliable Test Experience exam quiz is unlike other exam materials that are available on the market, our CFA-Level-I Reliable Test Experience study dumps specially proposed different versions to allow you to learn not only on paper, but also to use mobile phones to learn. This greatly improves the students' availability of fragmented time. So you can achieve your CFA-Level-I Reliable Test Experience certification easily without disrupting your daily routine. And we will give you 100% success guaranteed on the CFA-Level-I Reliable Test Experience training guide.
With our CFA-Level-I Reliable Test Experience test prep, you don't have to worry about the complexity and tediousness of the operation. As long as you enter the learning interface of our soft test engine of CFA-Level-I Reliable Test Experience quiz guide and start practicing on our Windows software, you will find that there are many small buttons that are designed to better assist you in your learning.
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%.
CIW 1D0-720 - Can you survive and be invincible in a highly competitive society? Can you gain a foothold in such a complex society? If your answer is "no", that is because your ability is not strong enough. Microsoft SC-300 - Everybody knows that in every area, timing counts importantly. EXIN SIAMP - The development of science and technology makes our life more comfortable and convenient, which also brings us more challenges. Our Huawei H13-211_V3.0 exam questions have been widely acclaimed among our customers, and the good reputation in industry prove that choosing our study materials would be the best way for you, and help you gain the Huawei H13-211_V3.0 certification successfully. According to the research statistics, we can confidently tell that 99% candidates after using our products have passed the CompTIA N10-009 exam.
Updated: May 26, 2022