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CFI Exam Study Questions with Correct Answers.
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CFI Exam Study Questions with Correct Answers.
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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
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