Exam (elaborations)
CFA Level 1 FRA With Complete Solutions Latest Update
- Course
- Institution
CFA Level 1 FRA With Complete Solutions Latest Update
[Show more]
Seller
Follow
Schoolflix
Reviews received
Content preview
CFA Level 1 FRA With Complete SolutionsLatest Update
Current Ratio - correct answers Current Assets divided by current liabilities
Quick Ratio - correct answers Cash plus marketable securities plus receivables
divided by current liabilities
Cash Ratio - correct answers Cash plus marketable securities divided by current
liabilities
Defensive Interval Ratio - correct answers Cash plus marketable securities plus
receivables divided by average daily expenditures
Cash Conversion cycle - correct answers days in inventory plus days in accounts
receivables minus days in accounts payable
Accounts receivable turnover - correct answers revenue divided by average
accounts receivable
inventory turnover - correct answers cost of goods sold divided by average
inventory
Accounts payable turnover - correct answers purchases divided by average
accounts payable
, Cost of Goods Sold - correct answers Beginning inventory plus purchases minus
ending inventory
Operating cycle - correct answers days in inventory plus days in accounts
receivable
Fixed asset turnover - correct answers revenue divided by average net fixed assets
working capital turnover - correct answers revenue divided by average working
capital
equity turnover - correct answers revenue divided by average equity
debt to equity ratio - correct answers total debt divided by total equity
debt ratio - correct answers total debt divided by total assets
debt to total capital ratio - correct answers total debt divided by total debt plus
total equity
Financial leverage ratio - correct answers average total assets divided by average
total equity
interest coverage ratio - correct answers EBIT divided by interest payments
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 Schoolflix. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for $14.49. You're not tied to anything after your purchase.
Can Stuvia be trusted?
4.6 stars on Google & Trustpilot (+1000 reviews)
62890 documents were sold in the last 30 days
Founded in 2010, the go-to place to buy study notes for 14 years now