Package deal
CFA LEVEL 2 TESTS COMPILATION BUNDLE
CFA LEVEL 2 TESTS COMPILATION BUNDLE
[Show more]CFA LEVEL 2 TESTS COMPILATION BUNDLE
[Show more]Net realizable value 
 
(value inventory) correct answer: Sales price - (selling costs + completion costs) 
 
*all estimated figures 
 
Evaluate capital structure 
(3 considerations) correct answer: 1. Time series - changes in capital structure over time 
 
2. Cross-sectional - compare with compe...
Preview 4 out of 103 pages
Add to cartNet realizable value 
 
(value inventory) correct answer: Sales price - (selling costs + completion costs) 
 
*all estimated figures 
 
Evaluate capital structure 
(3 considerations) correct answer: 1. Time series - changes in capital structure over time 
 
2. Cross-sectional - compare with compe...
2 types Foreign exchange spreads correct answer: spreads quoted by dealer, and spread in interbank market 
 
spreads by dealer depends on correct answer: 1) spread in interbank market 
2) size of transaction 
3) relationship between dealer and client 
 
spread in interbank market depends on correc...
Preview 2 out of 15 pages
Add to cart2 types Foreign exchange spreads correct answer: spreads quoted by dealer, and spread in interbank market 
 
spreads by dealer depends on correct answer: 1) spread in interbank market 
2) size of transaction 
3) relationship between dealer and client 
 
spread in interbank market depends on correc...
FCFF (using EBITDA) correct answer: FCFF = EBIDTA(1-T) + DEP(T) - Finv - Winv 
 
Converting FIFO to LIFO COGS correct answer: FIFO COGS = LIFO COGS - (End LIFO Reserve - Beg LIFO reserve) 
 
Engle- Granger Test correct answer: Test whether 2 variables are cointegrated. Regress 1 data series again...
Preview 3 out of 20 pages
Add to cartFCFF (using EBITDA) correct answer: FCFF = EBIDTA(1-T) + DEP(T) - Finv - Winv 
 
Converting FIFO to LIFO COGS correct answer: FIFO COGS = LIFO COGS - (End LIFO Reserve - Beg LIFO reserve) 
 
Engle- Granger Test correct answer: Test whether 2 variables are cointegrated. Regress 1 data series again...
Equity equals: correct answer: Assets - Liabilities = Equity 
 
(4)Shareholders' equity reported on the balance sheet is most likely to differ from the market value of shareholders' equity because: correct answer: B)Some factors that affect the generation of future cash flows are excluded. 
 
(8...
Preview 3 out of 18 pages
Add to cartEquity equals: correct answer: Assets - Liabilities = Equity 
 
(4)Shareholders' equity reported on the balance sheet is most likely to differ from the market value of shareholders' equity because: correct answer: B)Some factors that affect the generation of future cash flows are excluded. 
 
(8...
Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.
You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.
Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!
You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.
Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.
Stuvia is a marketplace, so you are not buying this document from us, but from seller Classroom. Stuvia facilitates payment to the seller.
No, you only buy these notes for $26.49. You're not tied to anything after your purchase.
4.6 stars on Google & Trustpilot (+1000 reviews)
82215 documents were sold in the last 30 days
Founded in 2010, the go-to place to buy study notes for 14 years now