CFI Exam Study 2025 Questions and
Answers
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
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
…FOR STUDENTS ONLY…©️2025 ALL RIGHTS RESERVED… 1
, 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
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
A company has annual sales of 32000 and accounts receivables of 2200. The gross profit
margin is 31.3%. The receivable days estimated from the data above is -
....ANSWER ...-25.1
A firm generated annual revenue of 75000 and has accounts payable of 3260. The gross
profit margin is 23.3%. The payable days estimated from the data above is closest to -
....ANSWER ...-21 (use COGS instead of rev)
…FOR STUDENTS ONLY…©️2025 ALL RIGHTS RESERVED… 2
Answers
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
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
…FOR STUDENTS ONLY…©️2025 ALL RIGHTS RESERVED… 1
, 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
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
A company has annual sales of 32000 and accounts receivables of 2200. The gross profit
margin is 31.3%. The receivable days estimated from the data above is -
....ANSWER ...-25.1
A firm generated annual revenue of 75000 and has accounts payable of 3260. The gross
profit margin is 23.3%. The payable days estimated from the data above is closest to -
....ANSWER ...-21 (use COGS instead of rev)
…FOR STUDENTS ONLY…©️2025 ALL RIGHTS RESERVED… 2
