If client uses the PDF version of CFA-Level-I Valid Visual Cert Test exam questions, they can download the demos freely. If clients feel good after trying out our demos they will choose the full version of the test bank to learn our CFA-Level-I Valid Visual Cert Test study materials. And the PDF version can be printed into paper documents and convenient for the client to take notes. Good CFA-Level-I Valid Visual Cert Test software test simulator have high passing rate and Omgzlook are looking forward to your long-term cooperation. Some candidates may purchase our CFA-Level-I Valid Visual Cert Test software test simulator for their companies. The clients only need 20-30 hours to learn the CFA-Level-I Valid Visual Cert Test exam questions and prepare for the test.
CFA Level CFA-Level-I Your life will be even more exciting.
With all the questons and answers of our CFA-Level-I - CFA Institute CFA Level I Chartered Financial Analyst Valid Visual Cert Test study materials, your success is 100% guaranteed. Though the content of these three versions is the same, the displays have their different advantages. With our Valid CFA-Level-I Practice Materials study materials, you can have different and pleasure study experience as well as pass Valid CFA-Level-I Practice Materials exam easily.
We believe that you will like our products. According to the different demands from customers, the experts and professors designed three different versions for all customers. According to your need, you can choose the most suitable version of our CFA Institute CFA Level I Chartered Financial Analyst guide torrent for yourself.
CFA CFA-Level-I Valid Visual Cert Test - We always put your needs in the first place.
We can say that how many the CFA-Level-I Valid Visual Cert Test certifications you get and obtain qualification certificates, to some extent determines your future employment and development, as a result, the CFA-Level-I Valid Visual Cert Test exam guide is committed to helping you become a competitive workforce, let you have no trouble back at home. Actually, just think of our CFA-Level-I Valid Visual Cert Test test prep as the best way to pass the exam is myopic. They can not only achieve this, but ingeniously help you remember more content at the same time.
Thus we offer discounts from time to time, and you can get 50% discount at the second time you buy our CFA-Level-I Valid Visual Cert Test question dumps after a year. Lower price with higher quality, that’s the reason why you should choose our CFA-Level-I Valid Visual Cert Test prep guide.
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.
We can claim that with our Cisco 300-415 practice engine for 20 to 30 hours, you will be ready to pass the exam with confidence. Our exam questions just need students to spend 20 to 30 hours practicing on the platform which provides simulation problems, can let them have the confidence to pass the Microsoft AZ-104 exam, so little time great convenience for some workers. EMC D-GAI-F-01 - You are the best and unique in the world. The EMC D-VXR-DS-00 certification is the best proof of your ability. In the meantime, all your legal rights will be guaranteed after buying our EMC D-ZT-DS-23 study materials.
Updated: May 26, 2022