We have been always trying to make every effort to consolidate and keep a close relationship with customer by improving the quality of our CFA-Level-I Valid Visual Cert Test practice materials. So our CFA-Level-I Valid Visual Cert Test learning guide is written to convey not only high quality of them, but in a friendly, helpfully, courteously to the points to secure more complete understanding for you. And the content of our CFA-Level-I Valid Visual Cert Test study questions is easy to understand. Compared with the other products in the market, our CFA-Level-I Valid Visual Cert Test latest questions grasp of the core knowledge and key point of the real exam, the targeted and efficient CFA Institute CFA Level I Chartered Financial Analyst study training dumps guarantee our candidates to pass the test easily. Passing exam won’t be a problem anymore as long as you are familiar with our CFA-Level-I Valid Visual Cert Test exam material (only about 20 to 30 hours practice). Our CFA-Level-I Valid Visual Cert Test training materials are your excellent choices, especially helpful for those who want to pass the exam without bountiful time and eager to get through it successfully.
CFA Level CFA-Level-I And we have become a popular brand in this field.
CFA Level CFA-Level-I Valid Visual Cert Test - CFA Institute CFA Level I Chartered Financial Analyst And the content of them is the same though the displays are different. For many people, it’s no panic passing the CFA-Level-I Standard Answers exam in a short time. Luckily enough，as a professional company in the field of CFA-Level-I Standard Answers 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 Visual Cert Test exam materials regularly. 98 to 100 percent of former exam candidates have achieved their success by the help of our CFA-Level-I Valid Visual Cert Test practice questions. And we have been treated as the best friend as our CFA-Level-I Valid Visual Cert Test training guide can really help and change the condition which our loyal customers are in and give them a better future.
Our CFA CFA-Level-I Valid Visual Cert Test actual test guide can give you some help.
Before you decide to buy Omgzlook of CFA CFA-Level-I Valid Visual Cert Test exam questions, you will have a free part of the questions and answers as a trial. So that you will know the quality of the Omgzlook of CFA CFA-Level-I Valid Visual Cert Test exam training materials. The CFA CFA-Level-I Valid Visual Cert Test exam of Omgzlook is the best choice for you.
The future is really beautiful, but now, taking a crucial step is even more important! Buy CFA-Level-I Valid Visual Cert Test exam prep and stick with it.
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
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%.
Cisco 300-610 - And the materials we have are very cheap. EMC D-PE-OE-23 - Anyway, after your payment, you can enjoy the one-year free update service with our guarantee. HP HPE2-T37 - So the choice is important. Besides, the price of our Microsoft AZ-140 learning guide is very favourable even the students can afford it. With it, you will be pass the CFA Dell D-VCFVXR-A-01 exam certification which is considered difficult by a lot of people.
Updated: May 26, 2022