We assure Omgzlook provide you with the latest and the best questions and answers which will let you pass the exam at the first attempt. In order to provide you with the best IT certification exam dumps forever, Omgzlook constantly improve the quality of exam dumps and update the dumps on the basis of the latest test syllabus at any time. Omgzlook is your best choice on the market today and is recognized by all candidates for a long time. Omgzlook provides the most reliable training questions and answers to help you pass CFA CFA-Level-I Latest Associate Level Test certification exam. Omgzlook have a variety of CFA certification exam questions, we will meet you all about IT certification. The one is PDF version and another is SOFT version.
CFA Level CFA-Level-I Omgzlook can escort you to pass the IT exam.
Have you ever tried our IT exam certification software provided by our Omgzlook? If you have, you will use our CFA-Level-I - CFA Institute CFA Level I Chartered Financial Analyst Latest Associate Level Test exam software with no doubt. Our strength will make you incredible. You can try a part of the questions and answers about CFA CFA-Level-I Reliable Braindumps Free exam to test our reliability.
The secret that Omgzlook helps many candidates pass CFA-Level-I Latest Associate Level Test exam is CFA exam questions attentively studied by our professional IT team for years, and the detailed answer analysis. We constantly updated the CFA-Level-I Latest Associate Level Test exam materials at the same time with the exam update. We try our best to ensure 100% pass rate for you.
CFA CFA CFA-Level-I Latest Associate Level Test exam is very popular in IT field.
If you feel unconfident in self-preparation for your CFA-Level-I Latest Associate Level Test test and want to get professional aid of questions and answers, Omgzlook CFA-Level-I Latest Associate Level Test test questions materials will guide you and help you to pass the certification exams in one shot. If you want to know our CFA-Level-I Latest Associate Level Test test questions materials, you can download our free demo now. Our demo is a small part of the complete charged version. Also you can ask us any questions about CFA-Level-I Latest Associate Level Test exam any time as you like.
After you purchase CFA-Level-I Latest Associate Level Test exam dumps, you will get a year free updates. Within a year, only if you would like to update the materials you have, you will get the newer version.
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
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
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%.
Excellent CFA Qlik QSDA2024 study guide make candidates have clear studying direction to prepare for your test high efficiently without wasting too much extra time and energy. Which one is your favorite way to prepare for the exam, PDF, online questions or using simulation of exam software? Fortunately, the three methods will be included in our Microsoft MB-280 exam software provided by Omgzlook, so you can download the free demo of the three version. Firstly we provide one-year service warranty for every buyer who purchased IBM C1000-181 valid exam collection materials. After you purchase our dump, we will inform you the Fortinet FCP_FCT_AD-7.2 update messages at the first time; this service is free, because when you purchase our study materials, you have bought all your Fortinet FCP_FCT_AD-7.2 exam related assistance. We are confident in the ability of Microsoft AZ-104 exam torrent and we also want to our candidates feel confident in our certification exam materials.
Updated: May 26, 2022