If you master all key knowledge points, you get a wonderful score. If you choose our CFA-Level-I Latest Study Guide Questions exam review questions, you can share fast download. As we sell electronic files, there is no need to ship. There is no doubt that the certification has become more and more important for a lot of people, especial these people who are looking for a good job, and it has been a general trend. More and more workers have to spend a lot of time on meeting the challenge of gaining the CFA-Level-I Latest Study Guide Questions certification by sitting for an exam. Please totally trust the accuracy of questions and answers.
CFA Level CFA-Level-I You absolutely can pass the exam.
Online test engine enjoys great reputation among IT workers because it brings you to the atmosphere of CFA-Level-I - CFA Institute CFA Level I Chartered Financial Analyst Latest Study Guide Questions real exam and remarks your mistakes. In today's society, the number of college students has grown rapidly. Everyone has their own characteristics.
Our CFA-Level-I Latest Study Guide Questions exam review contains the latest test questions and accurate answers along with the professional explanations. A little attention to prepare CFA-Level-I Latest Study Guide Questions practice test will improve your skills to clear exam with high passing score. For most busy IT workers, CFA-Level-I Latest Study Guide Questions dumps pdf is the best alternative to your time and money to secure the way of success in the IT filed.
CFA CFA-Level-I Latest Study Guide Questions - And your life will become better and better.
Our CFA-Level-I Latest Study Guide Questions practice dumps is high quality product revised by hundreds of experts according to the changes in the syllabus and the latest developments in theory and practice, it is focused and well-targeted, so that each student can complete the learning of important content in the shortest time. With CFA-Level-I Latest Study Guide Questions training prep, you only need to spend 20 to 30 hours of practice before you take the CFA-Level-I Latest Study Guide Questions exam.
An ancient Chinese proverb states that “The journey of a thousand miles starts with a single step”. To be recognized as the leading international exam bank in the world through our excellent performance, our CFA Institute CFA Level I Chartered Financial Analyst qualification test are being concentrated on for a long time and have accumulated mass resources and experience in designing study materials.
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.
But the mystery is quite challenging to pass EC-COUNCIL 312-38 exam unless you have an updated exam material. Our EMC D-GAI-F-01 study materials have the high pass rate as 98% to 100%, hope you can use it fully and pass the exam smoothly. We have organized a group of professionals to revise Microsoft AZ-104 preparation materials, according to the examination status and trend changes in the industry, tailor-made for the candidates. There is an irreplaceable trend that an increasingly amount of clients are picking up HP HPE0-V25 study materials from tremendous practice materials in the market. Huawei H13-334_V1.0 - So just come and have a try!
Updated: May 26, 2022