Our CFA-Level-I Training For Exam learning materials are just staring points for exam candidates, and you may meet several challenging tasks or exams in the future about computer knowledge, we can still offer help. Need any help, please contact with us again! All time and energy you devoted to the CFA-Level-I Training For Exam preparation quiz is worthwhile. In order to pass CFA certification CFA-Level-I Training For Exam exam disposably, you must have a good preparation and a complete knowledge structure. Omgzlook can provide you the resources to meet your need. Our questions and answers are based on the real exam and conform to the popular trend in the industry.
CFA Level CFA-Level-I It can help a lot of people achieve their dream.
To some extent, these CFA-Level-I - CFA Institute CFA Level I Chartered Financial Analyst Training For Exam certificates may determine your future. Now IT certification exam is one of the methods to inspect the employees' ability, but it is not so easy to is one of the way to IT certification exams. Generally, people who participate in the IT certification exam should choose a specific training course, and so choosing a good training course is the guarantee of success.
There are so many success examples by choosing our CFA-Level-I Training For Exam guide quiz, so we believe you can be one of them. Our CFA-Level-I Training For Exam exam questions will be the easiest access to success without accident for you. Besides, we are punctually meeting commitments to offer help on CFA-Level-I Training For Exam study materials.
More and more people choose CFA CFA CFA-Level-I Training For Exam exam.
If you require any further information about either our CFA-Level-I Training For Exam preparation exam or our corporation, please do not hesitate to let us know. High quality CFA-Level-I Training For Exam practice materials leave a good impression on the exam candidates and bring more business opportunities in the future. And many of our cutomers use our CFA-Level-I Training For Exam exam questions as their exam assistant and establish a long cooperation with us.
Our CFA CFA-Level-I Training For Exam exam training materials contains questions and answers. Our experienced team of IT experts through their own knowledge and experience continue to explore the exam information.
CFA-Level-I PDF DEMO:
QUESTION NO: 1
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: 2
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: 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
You are examining a portfolio composed of 33% money-market investments, 9.5% bonds, and
57.5% stocks. Last year, the return on the money-market investments was 4%; the return on bonds was
9 %, and the return on stocks was -11%. What is the contribution of stocks toward the portfolio weighted
average return?
A. -57.50%. B 11 00%
B. -11.00%.
C. -6.325%.
Answer: C
Explanation: The portfolio weighted-average mean return is equal to the sum (as i goes from 1 to n) of w_i
* X_i, where w_i is the percentage weight in the portfolio of the ith asset, and X_i is the investment return
of the ith asset. The contribution of any asset will equal its weight in the portfolio times its return.
Here, we
get 0.575 * - 0.11 = -6.325%.
QUESTION NO: 5
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.
All the preoccupation based on your needs and all these explain our belief to help you have satisfactory and comfortable purchasing services on the Cisco CCST-Networking study guide. Huawei H19-308_V4.0 - Because Omgzlook has a strong IT team of experts, they are committed to study exam questions and answers, and serve the vital interests of the majority of candidates. Perhaps you haven't heard of our company's brand yet, although we are becoming a leader of Amazon SAA-C03 exam questions in the industry. Microsoft MB-310 - It is an undeniable fact. And this version also helps establish the confidence of the candidates when they attend the Salesforce Salesforce-Hyperautomation-Specialist exam after practicing.
Updated: May 26, 2022