If our candidates have other things, time is also very valuable. It is very difficult to take time out to review the CFA-Level-I Valid Mock Test exam. But if you use CFA-Level-I Valid Mock Test exam materials, you will learn very little time and have a high pass rate. Only when you choose our CFA-Level-I Valid Mock Test guide torrent will you find it easier to pass this significant examination and have a sense of brand new experience of preparing the CFA-Level-I Valid Mock Test exam. Our CFA-Level-I Valid Mock Test exam guide is suitable for everyone whether you are a business man or a student, because you just need 20-30 hours to practice it that you can attend to your exam. Our CFA-Level-I Valid Mock Test training quiz is provided by PDF, Software/PC, and App/Online, which allows you to choose a suitable way to study anytime and anywhere.
We believe that you will like our CFA-Level-I Valid Mock Test exam prep.
Without ambiguous points of questions make you confused, our CFA-Level-I - CFA Institute CFA Level I Chartered Financial Analyst Valid Mock Test practice materials can convey the essence of the content suitable for your exam. Our New CFA-Level-I Test Format learning quiz can relieve you of the issue within limited time. Our website provides excellent New CFA-Level-I Test Format learning guidance, practical questions and answers, and questions for your choice which are your real strength.
If you want to get the CFA-Level-I Valid Mock Test certification to improve your life, we can tell you there is no better alternative than our CFA-Level-I Valid Mock Test exam questions. The CFA-Level-I Valid Mock Test test torrent also offer a variety of learning modes for users to choose from, which can be used for multiple clients of computers and mobile phones to study online, as well as to print and print data for offline consolidation. Our product is affordable and good, if you choose our products, we can promise that our CFA-Level-I Valid Mock Test exam torrent will not let you down.
CFA CFA-Level-I Valid Mock Test - They are professionals in every particular field.
Under the situation of intensifying competition in all walks of life, will you choose to remain the same and never change or choose to obtain a CFA-Level-I Valid Mock Test certification which can increase your competitiveness? I think most of people will choose the latter, because most of the time certificate is a kind of threshold, with CFA-Level-I Valid Mock Test certification, you may have the opportunity to enter the door of an industry. And our CFA-Level-I Valid Mock Test exam questions will be your best choice to gain the certification.
Our CFA-Level-I Valid Mock Test exam questions mainly have three versions which are PDF, Software and APP online, and for their different advantafes, you can learn anywhere at any time. And the prices of our CFA-Level-I Valid Mock Test training engine are reasonable for even students to afford and according to the version that you want to buy.
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
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: 4
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: 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.
You only take 20 to 30 hours to practice our Nutanix NCP-CI-AWS guide materials and then you can take the exam. And there is no exaggeration that our pass rate for our EMC D-DS-FN-23 study guide is 98% to 100% which is proved and tested by our loyal customers. Our passing rate of Microsoft MB-230 study tool is very high and you needn’t worry that you have spent money and energy on them but you gain nothing. EMC D-VXR-DY-23 - How diligent they are! EMC D-PCR-DY-23 - Your current achievements cannot represent your future success.
Updated: May 26, 2022