Our CFA-Level-I Reliable Test Simulator Free test prep attaches great importance to a skilled, trained and motivated workforce as well as the company’s overall performance. Adhere to new and highly qualified CFA-Level-I Reliable Test Simulator Free quiz guide to meet the needs of customer, we are also committed to providing the first -class after-sale service. There will be our customer service agents available 24/7 for your supports; any request for further assistance or information about CFA-Level-I Reliable Test Simulator Free exam torrent will receive our immediate attention. We are professional at providing best and valid CFA-Level-I Reliable Test Simulator Free exam materials to help the candidates successfully pass their CFA-Level-I Reliable Test Simulator Free exams with ease as well as establish their confidence. The precise and valid CFA-Level-I Reliable Test Simulator Free exam torrent compiled by our experts is outstanding and tested by our clients all over the world. The CFA-Level-I Reliable Test Simulator Free exam materials are in the process of human memory, is found that the validity of the memory used by the memory method and using memory mode decision, therefore, the CFA-Level-I Reliable Test Simulator Free training materials in the process of examination knowledge teaching and summarizing, use for outstanding education methods with emphasis, allow the user to create a chain of memory, the knowledge is more stronger in my mind for a long time by our CFA-Level-I Reliable Test Simulator Free study engine.
CFA Level CFA-Level-I Just buy it and you will love it!
CFA Level CFA-Level-I Reliable Test Simulator Free - CFA Institute CFA Level I Chartered Financial Analyst Action always speaks louder than words. If you are satisfied with our CFA-Level-I Reliable Test Simulator training guide, come to choose and purchase. If you buy the Software or the APP online version of our CFA-Level-I Reliable Test Simulator study materials, you will find that the timer can aid you control the time.
Our CFA-Level-I Reliable Test Simulator Free exam materials are famous among candidates. Once they need to prepare an exam, our CFA-Level-I Reliable Test Simulator Free study materials are their first choice. As you know, it is troublesome to get the CFA-Level-I Reliable Test Simulator Freecertificate.
CFA CFA-Level-I Reliable Test Simulator Free - Just make your own decisions.
According to personal propensity and various understanding level of exam candidates, we have three versions of CFA-Level-I Reliable Test Simulator Free study guide for your reference. They are the versions of the PDF, Software and APP online. If you visit our website on our CFA-Level-I Reliable Test Simulator Free exam braindumps, then you may find that there are the respective features and detailed disparities of our CFA-Level-I Reliable Test Simulator Free simulating questions. And you can free donwload the demos to have a look.
But even the best people fail sometimes. In addition to the lack of effort, you may also not make the right choice on our CFA-Level-I Reliable Test Simulator Free exam questions.
CFA-Level-I PDF DEMO:
QUESTION NO: 1
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: 2
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: 3
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: 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
An individual has a 10% probability of suffering from a headache when he has a cold versus 1% when he does not have a cold. If the individual has a probability of developing a cold equal to 5%, what is
the probability that this individual suffers from a headache?
A. 1.45%
B. 2.23%
C. 11%
Answer: A
Explanation: Assume event A is the event in which the individual suffers from a headache. Using the
Total
Probability Rule, P(A) = 0.1 x 0.05 + 0.01 x 0.95 = 1.45%.
And our ISQI CTFL_Syll_4.0 study braindumps deliver the value of our services. You really need our Microsoft PL-400 practice materials which can work as the pass guarantee. We want to finish long term objectives through customer satisfaction and we have achieved it already by our excellent EMC D-NWR-DY-23 exam questions. Obtaining the ISACA CISA certification is not an easy task. HP HPE0-G01 - Through the trial you will have different learning experience, you will find that what we say is not a lie, and you will immediately fall in love with our products.
Updated: May 26, 2022