As a matter of fact, since the establishment, we have won wonderful feedback and ceaseless business, continuously working on developing our CFA-Level-I Valid Test Collection Materials test prep. We have been specializing CFA-Level-I Valid Test Collection Materials exam dumps many years and have a great deal of long-term old clients, and we would like to be a reliable cooperator on your learning path and in your further development. While you are learning with our CFA-Level-I Valid Test Collection Materials quiz guide, we hope to help you make out what obstacles you have actually encountered during your approach for CFA-Level-I Valid Test Collection Materials exam torrent through our PDF version, only in this way can we help you win the CFA-Level-I Valid Test Collection Materials certification in your first attempt. We will not only spare no efforts to design CFA-Level-I Valid Test Collection Materials exam materials, but also try our best to be better in all after-sale service. The happiness from success is huge, so we hope that you can get the happiness after you pass CFA-Level-I Valid Test Collection Materials exam certification with our developed software. All our behaviors are aiming squarely at improving your chance of success.
The way to pass the CFA-Level-I Valid Test Collection Materials actual test is diverse.
It is known to us that practicing the incorrect questions is very important for everyone, so our CFA-Level-I - CFA Institute CFA Level I Chartered Financial Analyst Valid Test Collection Materials exam question provide the automatic correcting system to help customers understand and correct the errors. Valid Study CFA-Level-I Questions Free online test engine can simulate the actual test, which will help you familiar with the environment of the Valid Study CFA-Level-I Questions Free real test. The Valid Study CFA-Level-I Questions Free self-assessment features can bring you some convenience.
All CFA-Level-I Valid Test Collection Materials training engine can cater to each type of exam candidates’ preferences. Our CFA-Level-I Valid Test Collection Materials practice materials call for accuracy legibility and high quality, so CFA-Level-I Valid Test Collection Materials study braindumps are good sellers and worth recommendation for their excellent quality. The three versions of our CFA-Level-I Valid Test Collection Materials exam questions are PDF & Software & APP version for your information.
CFA CFA-Level-I Valid Test Collection Materials - It is so cool even to think about it.
In this highly competitive modern society, everyone needs to improve their knowledge level or ability through various methods so as to obtain a higher social status. Under this circumstance passing CFA-Level-I Valid Test Collection Materials exam becomes a necessary way to improve oneself. And you are lucky to find us for we are the most popular vendor in this career and have a strong strength on providing the best CFA-Level-I Valid Test Collection Materials study materials. And the price of our CFA-Level-I Valid Test Collection Materials practice engine is quite reasonable.
The best part of CFA-Level-I Valid Test Collection Materials exam dumps are their relevance, comprehensiveness and precision. You need not to try any other source forCFA-Level-I Valid Test Collection Materials exam preparation.
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
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: 3
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: 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.
We have helped tens of thousands of our customers achieve their certification with our excellent API API-510 exam braindumps. You will be much awarded with our SAP C-THR96-2405 learning engine. You final purpose is to get the EMC D-NWG-DS-00 certificate. Our high-quality SASInstitute A00-470} learning guide help the students know how to choose suitable for their own learning method, our SASInstitute A00-470 study materials are a very good option. As is known to us, there are best sale and after-sale service of the SAP C-TS410-2022 certification training dumps all over the world in our company.
Updated: May 26, 2022