1
CFI Exam Study Questions and Answers Latest Version
(2024/2025) Already Passed
What is a reason for corporations to use debt in capital financing? - (ANSWER)To
lower the cost of capital
What is the function of Trace Precedents? - (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? - (ANSWER)There are a large number of potential companies to
compare to
Cells are __ by default, so before protecting a worksheet you must __ -
(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? - (ANSWER)gross profit margin ratio
, 2
Which of the following is not a best practice of designing your powerpoint
presentation? - (ANSWER)use different fonts and colors throughout the
presentation
Which of the following items are not considered when calculating the income
from operations? - (ANSWER)Interest
which of the following is the correct ordering of the capital stack (from most
secure to least secure)? - (ANSWER)Term loan - high yield binds - common shares
When r=-0.99, the relationship between two sets of variables is -
(ANSWER)strong negative
in powerpoint, which tab of the ribbon would you use to insert a fade on a
textbox during the presentation? - (ANSWER)Animations
, 3
What could be the yield to maturity for a 3 year bond with a 8% annual coupon if
the bond is trading at discount? - (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% - (ANSWER)1,014
Calculate the debt to tangible net worth ratio based on the information below:
5,000, 3,000, 1,700, 500 - (ANSWER)0.68 (interest bearing liabilities/Total assets -
Equity + IA)
Which of the following does not describe a strategic buyer in M&A transactions -
(ANSWER)they use leverage for maximum equity returns
In excel, how do you insert a chart in a selected cell like the image below? -
(ANSWER)insert - sparklines - column
CFI Exam Study Questions and Answers Latest Version
(2024/2025) Already Passed
What is a reason for corporations to use debt in capital financing? - (ANSWER)To
lower the cost of capital
What is the function of Trace Precedents? - (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? - (ANSWER)There are a large number of potential companies to
compare to
Cells are __ by default, so before protecting a worksheet you must __ -
(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? - (ANSWER)gross profit margin ratio
, 2
Which of the following is not a best practice of designing your powerpoint
presentation? - (ANSWER)use different fonts and colors throughout the
presentation
Which of the following items are not considered when calculating the income
from operations? - (ANSWER)Interest
which of the following is the correct ordering of the capital stack (from most
secure to least secure)? - (ANSWER)Term loan - high yield binds - common shares
When r=-0.99, the relationship between two sets of variables is -
(ANSWER)strong negative
in powerpoint, which tab of the ribbon would you use to insert a fade on a
textbox during the presentation? - (ANSWER)Animations
, 3
What could be the yield to maturity for a 3 year bond with a 8% annual coupon if
the bond is trading at discount? - (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% - (ANSWER)1,014
Calculate the debt to tangible net worth ratio based on the information below:
5,000, 3,000, 1,700, 500 - (ANSWER)0.68 (interest bearing liabilities/Total assets -
Equity + IA)
Which of the following does not describe a strategic buyer in M&A transactions -
(ANSWER)they use leverage for maximum equity returns
In excel, how do you insert a chart in a selected cell like the image below? -
(ANSWER)insert - sparklines - column
