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Type: Posts; User: nehakumaria

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1. ## Thread: FREE CFA Level 1 sample questions everyday for December 2010 candidates

by nehakumaria
Replies
418
Views
223,313

### Sticky: is it (A) decrease in inflation ?

is it (A) decrease in inflation ?
2. ## Thread: FREE CFA Level 1 sample questions everyday for December 2010 candidates

by nehakumaria
Replies
418
Views
223,313

### Sticky: Ans to Q 72: (C) 0.370

Ans to Q 72: (C) 0.370
3. ## Thread: FREE CFA Level 1 sample questions everyday for December 2010 candidates

by nehakumaria
Replies
418
Views
223,313

### Sticky: I did use the TVM. But after we get the...

I did use the TVM. But after we get the semiannual yield using the TVM...why can't we just double it to get the annual yield(i.e calculate semiannual pay YTM or bond equivalent yield)? The examples...
4. ## Thread: FREE CFA Level 1 sample questions everyday for December 2010 candidates

by nehakumaria
Replies
418
Views
223,313

5. ## Thread: FREE CFA Level 1 sample questions everyday for December 2010 candidates

by nehakumaria
Replies
418
Views
223,313

### Sticky: In Q70, why have we used the formula to calculate...

In Q70, why have we used the formula to calculate the 12m yield and not multiplied by 2? When should we use the effective yield formula and when should we simply multiply by 2? Can somone clear my...
6. ## Thread: FREE CFA Level 1 sample questions everyday for December 2010 candidates

by nehakumaria
Replies
418
Views
223,313

### Sticky: ans to Q70: is it A 5.98%

ans to Q70: is it A 5.98%
7. ## Thread: FREE CFA Level 1 sample questions everyday for December 2010 candidates

by nehakumaria
Replies
418
Views
223,313

### Sticky: Answer to Question 69 should be (C). As stated in...

Answer to Question 69 should be (C). As stated in the explanation here also, US GAAP DOES NOT permit upward revaluation and IFRS does. Please correct me if I am wrong.
8. ## Thread: FREE CFA Level 1 sample questions everyday for December 2010 candidates

by nehakumaria
Replies
418
Views
223,313

### Sticky: Ans to Q 68 - B Tax liability wil increase by...

Ans to Q 68 - B Tax liability wil increase by \$15000
9. ## Thread: FREE CFA Level 1 sample questions everyday for December 2010 candidates

by nehakumaria
Replies
418
Views
223,313

### Sticky: Ans to Q67: is it B 4.35...

Ans to Q67: is it B 4.35
(101.3094-100.8707)/(2*101.0898*0.05)
10. ## Thread: FREE CFA Level 1 sample questions everyday for December 2010 candidates

by nehakumaria
Replies
418
Views
223,313

### Sticky: Ans to Q67: (A) \$4.6 million

Ans to Q67: (A) \$4.6 million
11. ## Thread: FREE CFA Level 1 sample questions everyday for December 2010 candidates

by nehakumaria
Replies
418
Views
223,313

### Sticky: Ans to Q60: B

Ans to Q60: B
12. ## Thread: FREE CFA Level 1 sample questions everyday for December 2010 candidates

by nehakumaria
Replies
418
Views
223,313

### Sticky: Ans to Q 59: i think its c. Deffered tax asset of...

Ans to Q 59: i think its c. Deffered tax asset of \$17000
The taxable income is higher than the accounting profit and hence the difference is a tax asset.
13. ## Thread: FREE CFA Level 1 sample questions everyday for December 2010 candidates

by nehakumaria
Replies
418
Views
223,313

### Sticky: Answer to Q55 B- incidence of tax

Answer to Q55 B- incidence of tax
14. ## Thread: FREE CFA Level 1 sample questions everyday for December 2010 candidates

by nehakumaria
Replies
418
Views
223,313

### Sticky: thats correct i guess. Answer to Q54 is B -2.20...

thats correct i guess. Answer to Q54 is B -2.20
Price elasticity of demand = % change in Qty/% change in price
Where % change should be calcualted as change in Qty demanded/average qty demanded...
15. ## Thread: FREE CFA Level 1 sample questions everyday for December 2010 candidates

by nehakumaria
Replies
418
Views
223,313

### Sticky: Answer to Q52: C, decrease of 4.5%

Answer to Q52: C, decrease of 4.5%
16. ## Thread: FREE CFA Level 1 sample questions everyday for December 2010 candidates

by nehakumaria
Replies
418
Views
223,313

6 nCr 2
17. ## Thread: FREE CFA Level 1 sample questions everyday for December 2010 candidates

by nehakumaria
Replies
418
Views
223,313

The z-score for \$30,000 = (\$30,000
18. ## Thread: FREE CFA Level 1 sample questions everyday for December 2010 candidates

by nehakumaria
Replies
418
Views
223,313

### Sticky: Answer to question 38: B Quick ratio is used to...

Quick ratio is used to test the short term liquidity of a company.
19. ## Thread: FREE CFA Level 1 sample questions everyday for December 2010 candidates

by nehakumaria
Replies
418
Views
223,313

### Sticky: I agree, and B is absolutely correct given the...

I agree, and B is absolutely correct given the statement in the question. B is the most unlikely limitation of ratio analysis.

However, based on what I have worked on practically and also what...
20. ## Thread: FREE CFA Level 1 sample questions everyday for December 2010 candidates

by nehakumaria
Replies
418
Views
223,313

### Sticky: Vivek, To add to what Neetu has explained - the...

Vivek,
To add to what Neetu has explained - the gain on sale of equipment has been deducted from Net Income because it is a non operating profit. This is the indirect method of calculating CFO...
21. ## Thread: FREE CFA Level 1 sample questions everyday for December 2010 candidates

by nehakumaria
Replies
418
Views
223,313

### Sticky: Takalani, I din't refer to the CFA curriculum...

Takalani,

I din't refer to the CFA curriculum or notes, but you can check the LOS 35 (a) in the notes. It should be under Financial Analysis Techniques. You can also google Horizontal common size...
22. ## Thread: FREE CFA Level 1 sample questions everyday for December 2010 candidates

by nehakumaria
Replies
418
Views
223,313

### Sticky: Answer to question 34: A - Horizontal common size...

Answer to question 34: A - Horizontal common size statements
A horizontal trend analysis reports each item as a percentage of amount in a previous year. It thus helps to see the trend of each item...
23. ## Thread: FREE CFA Level 1 sample questions everyday for December 2010 candidates

by nehakumaria
Replies
418
Views
223,313

24. ## Thread: FREE CFA Level 1 sample questions everyday for December 2010 candidates

by nehakumaria
Replies
418
Views
223,313