No matter what kind of CFA-Level-I Valid Test Question learning materials you need, you can find the best one for you. Our expert team has spent a lot of time and energy just to provide you with the best quality CFA-Level-I Valid Test Questionstudy guide. CFA-Level-I Valid Test Question exam materials will definitely make you feel value for money. If you come to visit our website more times, you will buy our CFA-Level-I Valid Test Question practice engine at a more favorable price. With the most scientific content and professional materials CFA-Level-I Valid Test Question preparation materials are indispensable helps for your success. As for our CFA-Level-I Valid Test Question study tool, we guarantee our learning materials have a higher passing rate than that of other agency.
CFA Level CFA-Level-I And we have become a popular brand in this field.
According to various predispositions of exam candidates, we made three versions of our CFA-Level-I - CFA Institute CFA Level I Chartered Financial Analyst Valid Test Question study materials for your reference: the PDF, Software and APP online. For many people, it’s no panic passing the CFA-Level-I Valid Learning Materials exam in a short time. Luckily enough，as a professional company in the field of CFA-Level-I Valid Learning Materials practice questions ,our products will revolutionize the issue.
We guarantee that you can pass the exam at one time even within one week based on practicing our CFA-Level-I Valid Test Question exam materials regularly. 98 to 100 percent of former exam candidates have achieved their success by the help of our CFA-Level-I Valid Test Question practice questions. And we have been treated as the best friend as our CFA-Level-I Valid Test Question training guide can really help and change the condition which our loyal customers are in and give them a better future.
CFA CFA-Level-I Valid Test Question - Join us and you will be one of them.
As we all know, it is difficult to prepare the CFA-Level-I Valid Test Question exam by ourselves. Excellent guidance is indispensable. If you urgently need help, come to buy our study materials. Our company has been regarded as the most excellent online retailers of the CFA-Level-I Valid Test Question exam question. So our assistance is the most professional and superior. You can totally rely on our study materials to pass the exam. All the key and difficult points of the CFA-Level-I Valid Test Question exam have been summarized by our experts. They have rearranged all contents, which is convenient for your practice. Perhaps you cannot grasp all crucial parts of the CFA-Level-I Valid Test Question study tool by yourself. You also can refer to other candidates’ review guidance, which might give you some help. Then we can offer you a variety of learning styles. Our printable CFA-Level-I Valid Test Question real exam dumps, online engine and windows software are popular among candidates. So you will never feel bored when studying on our CFA-Level-I Valid Test Question study tool.
To be convenient for the learners, our CFA-Level-I Valid Test Question certification questions provide the test practice software to help the learners check their learning results at any time. Our CFA-Level-I Valid Test Question study practice guide takes full account of the needs of the real exam and conveniences for the clients.
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.
OCEG GRCA - If you fail to pass the exam, we will give a full refund. Because the SAP C_ARCIG_2404 cram simulator from our company are very useful for you to pass the exam and get the certification. Databricks Databricks-Certified-Professional-Data-Engineer - A large number of buyers pouring into our website every day can prove this. Although we come across some technical questions of our Huawei H19-315 learning guide during development process, we still never give up to developing our Huawei H19-315 practice engine to be the best in every detail. If you want to be one of them, please take a two-minute look at our Fortinet FCSS_ADA_AR-6.7 real exam.
Updated: May 26, 2022