Exam (elaborations)
CFI Exam Study Questions with Correct Answers.
- Course
- Institution
CFI Exam Study Questions with Correct Answers.
[Show more]
Content preview
CFI Exam Study Questions with Correct AnswersWhat is a reason for corporations to use debt in capital financing?
Correct Answer-To lower the cost of capital
What is the function of Trace Precedents? Correct Answer-Trace cells
that provide data to the formula in the selected cell
In valuation which of the following is an advantage of comparable
company analysis? Correct Answer-There are a large number of
potential companies to compare to
Cells are __ by default, so before protecting a worksheet you must __
Correct Answer-unlocked; lock the formula cells*gross profit mas
Which ratio would you use to determine how much profit a company
makes after paying off its cost of goods sold? Correct Answer-gross
profit margin ratio
Which of the following is not a best practice of designing your
powerpoint presentation? Correct Answer-use different fonts and colors
throughout the presentation
Which of the following items are not considered when calculating the
income from operations? Correct Answer-Interest
, which of the following is the correct ordering of the capital stack (from
most secure to least secure)? Correct Answer-Term loan - high yield
binds - common shares
When r=-0.99, the relationship between two sets of variables is Correct
Answer-strong negative
in powerpoint, which tab of the ribbon would you use to insert a fade on
a textbox during the presentation? Correct Answer-Animations
What could be the yield to maturity for a 3 year bond with a 8% annual
coupon if the bond is trading at discount? Correct Answer-9%
what is the net present value of the project based on the information
below? 20,000, 5,000, 8,000, 12,000, 8% Correct Answer-1,014
Calculate the debt to tangible net worth ratio based on the information
below: 5,000, 3,000, 1,700, 500 Correct Answer-0.68 (interest bearing
liabilities/Total assets - Equity + IA)
Which of the following does not describe a strategic buyer in M&A
transactions Correct Answer-they use leverage for maximum equity
returns
In excel, how do you insert a chart in a selected cell like the image
below? Correct Answer-insert - sparklines - column
The benefits of buying summaries with Stuvia:
Guaranteed quality through customer reviews
Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.
Quick and easy check-out
You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.
Focus on what matters
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!
Frequently asked questions
What do I get when I buy this document?
You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.
Satisfaction guarantee: how does it work?
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.
Who am I buying these notes from?
Stuvia is a marketplace, so you are not buying this document from us, but from seller cracker. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for $14.99. You're not tied to anything after your purchase.
Can Stuvia be trusted?
4.6 stars on Google & Trustpilot (+1000 reviews)
78140 documents were sold in the last 30 days
Founded in 2010, the go-to place to buy study notes for 14 years now