Level i - Study guides, Class notes & Summaries

CFA Level 1 Questions | Questions with 100% Correct Answers | Updated & Verified What are the 4 types of measurement scales? - 1. Nominal Scales 2. Ordinal Scales (Assigned to a category) 3. Interval Scales (Relative ranking) 4. Ratio Scales (Equal differences between scale values) NOIR When do we use geometric and arithmetic means to analyze investment returns? - Arithmetic Mean: To estimate next year's return Geometric Mean: Measure of past performance What are the 3 different types...

Average Revenue > ATC Balance Sheet CDO Average Revenue > AVC Bank Discount Yield Backfilling Bias Banker's Acceptance Backwardation Banker's Acceptances 8a Created by a bank to reduce its loan exposure on its balance sheet Firm should stay in business for long-run = ((face value - market value)/(face value)) * (360/days until maturity) Firm continue production Guarantees by a bank that a loan will be repaid; Part of a commercial transaction; Gives assurance to counterpart...

CFA level 1 Exam Questions with Correct Answers Payables turnover = COGS/avg payables = 1969/(361+346)/2 = 5.57 Days in payables = 365/payables turnover = 65.6 CCC = DOH +DSO - Days in Pay = 49.4+39.4-65.6=23.2 - Answer-find the cash conversion cycle sales COGS Interest 123 110 Cash 108 105 receivables 318 286 inventories 248 285 Payables 361 346 notes payable 50 99 the deferred tax liability equals the difference between the value for accounting and tax purposes times t...

What are the 4 types of measurement scales? - Answer- 1. Nominal Scales 2. Ordinal Scales (Assigned to a category) 3. Interval Scales (Relative ranking) 4. Ratio Scales (Equal differences between scale values) NOIR When do we use geometric and arithmetic means to analyze investment returns? - Answer- Arithmetic Mean: To estimate next year's return Geometric Mean: Measure of past performance What are the 3 different types of probabilities? - Answer- 1. Empirical Probability (Past data...

CFA LEVEL 1 question with correct answers 2023 graded A+ Financial Statement Analysis Framework - correct answer provides an overview of the methodology used by analysts to consistently analyze financial statements 1. articulate the purpose and context of analysis 2. collecting data 3. process the data 4. analyzing and interpreting the processed data 5. develop/communicate conclusions and recommendations 6. follow up Scope of Financial Statement Analysis - correct answer - analysis is...

if you were fired from a previous job and fail to tell your new emmployer is that a violation and if so of what? - Answer- yes, misconduct. this information could potentially harm your new employer and he needs to know man! degress of price discrimination - Answer- 1st degree-- know price that every consumer is willing to pay. 2nd degree-- price varies according to quanity demanded. sellers aren't able to distinguish classes or consumers. third degree-- charging different prices to different...

2023 LEVEL I CFA BOOK 3 CORPORATE ISSUERS AND EQUITY INVESTMENTS

This summary note covers all topics in 2024 CFA level 3 curriculum all in 279 pages. I made it while I studied for my own exam in February 2024. AND I NAILED IT!! I hope you pass your CFA level 3 exam easier with my notes!

This is a comprehensive guide covering ALL topics and learning outcome statements (LOS's) in the Chartered Financial Analyst (CFA) Level 2 curriculum (Exam date November 2023) for which I passed in the top 10% of candidates. It includes: - definitions & explanations condensed down to what you need to know (and nothing more) - qualitative and quantitative methodology - worked examples and application - theory frameworks, outlines, and explanations All in a 180 page, easy-to-read format w...