Exam - Study guides, Class notes & Summaries

CFA Study Guide Exam Questions with Complete Solutions Which of the following would be the analyst's most likely conclusion? - Answer-The company is becoming increasingly less solvent, as evidenced by the increase in its debt-to-equity ratio from 0.35 to 0.50 from FY3 to FY5. With regard to the data in Problem 6, what would be the most reasonable explanation of the financial data? - Answer-The decline in the company's equity indicates that the company may be incurring losses, paying div...

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...

CFA Level 1 FRA Exam Questions and Answers Fixed charge coverage ratio - Answer-EBIT plus lease payments divided by interest payments plus lease payments Gross profit - Answer-Sales minus cost of goods sold Gross profit margin - Answer-gross profit divided by revenue operating profit margin - Answer-operating profit divided by revenue pretax margin - Answer-earnings before tax divided by revenue Net profit margin - Answer-net income divided by revenue Return on assets - Ans...

CFA( Chartered Financial Analyst )Level I Mock Exam ||2023/2024 Test Bank||Questions & Answers Information about the coupon rates on the various long-term fixed-rate debt issues of a company can most likely be found in the: A notes to the financial statements. B non-current liabilities section of the balance sheet. C Management Discussion and Analysis (MD&A). - ANSWERS A is correct. Information about the coupon rates on the various long-term fixed-rate debt issues can usually be foun...

Corporate Finance CFA Exam Questions with Correct Answers Based on Exhibit 1, which statement is most likely correct? - Answer-Company A has made one or more acquisitions. Based on Exhibit 1, the financial leverage ratio for Company B is closest to: - Answer-2.22. Based on Exhibit 1, which ratio indicates lower liquidity risk for Company A compared with Company B? - Answer-Cash ratio In order to assess a company's ability to fulfill its long-term obligations, an analyst would most l...

Businesses earn profits by converting financial, physical, and labor resources into goods and services that satisfy consumer demands. This statement is - Answer- true Resource owners want to provide resources to businesses with high profit potential because those businesses will pay higher taxes. This statement is - Answer- false Accounting provides a service to society by gathering and reporting information about a company's profit potential. This statement is - Answer- true Generally...

CFA Level 1 Study Guide Exam Questions and Answers What is the key assumption of technical analysis? - Answer-Market prices reflect both rational and irrational investor behavior What are the 4 different types of Oscillators? - Answer-1. Rate of Change Oscillator (100x the difference between the latest closing price and the closing price n periods earlier) 2. Relative Strength Index (Ratio of total price increases to price decreases) 3. Moving Average Convergence/Divergence 4. Stochasti...

CFA Exam Study Guide with Complete and Verified Solutions 6 components of the Code of Ethics: - Answer️️ -+Act with integrity, competence, diligence, respect and in an ethical manner wit the public, clients, prospective clients, employers, employees, colleagues, and all participants in global markets +Place integrity of profession and interest of clients above all else +Use reasonable care and independent professional judgement when conducting investment analysis, making investment ...