CFI Exam Study
A company has annual income of 32000 and accounts receivables of 2200. The gross
income margin is 31.Three%. The receivable days anticipated from the data above is -
ANS-25.1
A corporation generated annual sales of 75,000 and has debts payable of three,260. The
gross income margin is 23.3%. The payable days envisioned from the information above is
closest to ___ - ANS-21; get gross profit and then calculate COGS, the do AP Days =
AP/COGS x 365
A corporation generated annual revenue of 75000 and has bills payable of 3260. The gross
income margin is 23.3%. The payable days predicted from the information above is closest
to - ANS-21 (use COGS in preference to rev)
Based on the corporation's finances and real figures, the organisation is going through ___?
- ANS-Unfavorable sales rate and adverse general variable expenses (actual income rate
lower and overall variable prices higher)
Based on the subsequent information form ABC Company's financial evaluation, which one
of the following statements is real? - ANS-the company might have invested too much PP&E
in 12 months 3
Based on the following data from ABC Company's monetary evaluation, which one of the
following statements is genuine? - ANS-The company would possibly have invested too
much PPE in yr 3 (Fixed Asset Turnover = Net Sales / Average Fixed Assets)
Based at the information inside the table, what is the percentage fee when the organization
fee to income (EV/Sales) multiple of a comparable organization is two.Four? - ANS-more
than one x sales = EV, EV = stocks*price - coins + debt. For this EV + coins - debt then
divide via stocks brilliant (100) = (62.6)
Based at the facts within the table, what is the proportion fee while the charge to book (P/B)
a couple of of a similar enterprise is two.Five? - ANS-37.5; Mkt Cap = 2.Five x 1500 = 3750;
3750/100=37.5 (P/B ratio = Mkt cap / Net e-book Value = Mkt Cap / (Total Assets - Total
Liabilities) = Mkt Cap / BV Equity)
Based at the data inside the table, what is the share charge while the rate to e book (P/B)
more than one of a comparable organization is two.Five? - ANS-Multiple x BV of fairness,
then take that range and divide it by using stocks excellent
Based on the statistics inside the table, what is the percentage fee while the charge to profits
(P/E) multiple of a comparable enterprise is 17x? - ANS-Mkt Cap = 17 * 1100 = 18,700,
Share price = 18, = 187
, Based on the information in the desk, what's the share charge whilst the rate to earnings
(P/E) a couple of of a comparable company is 17x? - ANS-a couple of x Net Income, then
take that variety and divide it via shares tremendous to get the share charge (187)
Based at the information furnished, calculate the revenue variance percent and determine
whether it's far favorable or destructive. - ANS--6.4% (real - budgeted / budgeted)
Calculate the companys breakeven factor sales primarily based at the facts beneath -
ANS-3077 (constant fees / Contribution margin)
Calculate the debt to tangible net worth ratio based totally on the information under: 5,000,
3,000, 1,seven-hundred, 500 - ANS-0.Sixty eight (hobby bearing liabilities/Total belongings -
Equity + IA)
Calculate the stop of the year cash balance based at the records underneath (1600, 1200,
450, 100, 60, 300, one hundred ten, 500) - ANS-2180 (starting cash + Net income +
depreciation -bad modifications in running assets and liabilities - acquired PP&E - Dividends
+ boom in long time debt) (might add increase in debts payable to coins)
Cells are __ by way of default, so earlier than protective a worksheet you have to __ -
ANS-unlocked; lock the method cells*gross profit mas
Company X offers 500 proportion alternatives to an worker, which can be exercised at any
time over the next 5 years concern to a three-year provider circumstance. The truthful fee of
the alternatives is determined to be 50,000 at the supply date. How will the
percentage-based totally price fee be diagnosed? - ANS-Over the next three years
Exam Merger Model Question - ANS-forty eight.23; refer to excel version
Forecast 2019 price of goods offered based totally on the previous year's number and the
assumptions - ANS-13,356 (everyday forecasting)
Forecast the 2019 cost of goods sold based at the previous 12 months's number and the
assumptions? - ANS-13356 (sales boom, gross earnings, then subtract to get COGS)
How to add the months from the uncooked information as labels within the following bar
chart? - ANS-proper click the chart - select statistics - choose D45:O45 as axis label range
How to feature the months from the uncooked information as labels in the following bar
chart? - ANS-proper click the chart - pick out facts - pick D45:O45 as axis label variety
If the total property to equity ratio of a organization is growing, it's miles most likely that: -
ANS-The corporation is reducing using debt and getting lower monetary leverage
In excel the yearfrac functions calculates - ANS-the fraction of the year represented through
the wide variety of entire days among two dates (start date and stop date)
A company has annual income of 32000 and accounts receivables of 2200. The gross
income margin is 31.Three%. The receivable days anticipated from the data above is -
ANS-25.1
A corporation generated annual sales of 75,000 and has debts payable of three,260. The
gross income margin is 23.3%. The payable days envisioned from the information above is
closest to ___ - ANS-21; get gross profit and then calculate COGS, the do AP Days =
AP/COGS x 365
A corporation generated annual revenue of 75000 and has bills payable of 3260. The gross
income margin is 23.3%. The payable days predicted from the information above is closest
to - ANS-21 (use COGS in preference to rev)
Based on the corporation's finances and real figures, the organisation is going through ___?
- ANS-Unfavorable sales rate and adverse general variable expenses (actual income rate
lower and overall variable prices higher)
Based on the subsequent information form ABC Company's financial evaluation, which one
of the following statements is real? - ANS-the company might have invested too much PP&E
in 12 months 3
Based on the following data from ABC Company's monetary evaluation, which one of the
following statements is genuine? - ANS-The company would possibly have invested too
much PPE in yr 3 (Fixed Asset Turnover = Net Sales / Average Fixed Assets)
Based at the information inside the table, what is the percentage fee when the organization
fee to income (EV/Sales) multiple of a comparable organization is two.Four? - ANS-more
than one x sales = EV, EV = stocks*price - coins + debt. For this EV + coins - debt then
divide via stocks brilliant (100) = (62.6)
Based at the facts within the table, what is the proportion fee while the charge to book (P/B)
a couple of of a similar enterprise is two.Five? - ANS-37.5; Mkt Cap = 2.Five x 1500 = 3750;
3750/100=37.5 (P/B ratio = Mkt cap / Net e-book Value = Mkt Cap / (Total Assets - Total
Liabilities) = Mkt Cap / BV Equity)
Based at the data inside the table, what is the share charge while the rate to e book (P/B)
more than one of a comparable organization is two.Five? - ANS-Multiple x BV of fairness,
then take that range and divide it by using stocks excellent
Based on the statistics inside the table, what is the percentage fee while the charge to profits
(P/E) multiple of a comparable enterprise is 17x? - ANS-Mkt Cap = 17 * 1100 = 18,700,
Share price = 18, = 187
, Based on the information in the desk, what's the share charge whilst the rate to earnings
(P/E) a couple of of a comparable company is 17x? - ANS-a couple of x Net Income, then
take that variety and divide it via shares tremendous to get the share charge (187)
Based at the information furnished, calculate the revenue variance percent and determine
whether it's far favorable or destructive. - ANS--6.4% (real - budgeted / budgeted)
Calculate the companys breakeven factor sales primarily based at the facts beneath -
ANS-3077 (constant fees / Contribution margin)
Calculate the debt to tangible net worth ratio based totally on the information under: 5,000,
3,000, 1,seven-hundred, 500 - ANS-0.Sixty eight (hobby bearing liabilities/Total belongings -
Equity + IA)
Calculate the stop of the year cash balance based at the records underneath (1600, 1200,
450, 100, 60, 300, one hundred ten, 500) - ANS-2180 (starting cash + Net income +
depreciation -bad modifications in running assets and liabilities - acquired PP&E - Dividends
+ boom in long time debt) (might add increase in debts payable to coins)
Cells are __ by way of default, so earlier than protective a worksheet you have to __ -
ANS-unlocked; lock the method cells*gross profit mas
Company X offers 500 proportion alternatives to an worker, which can be exercised at any
time over the next 5 years concern to a three-year provider circumstance. The truthful fee of
the alternatives is determined to be 50,000 at the supply date. How will the
percentage-based totally price fee be diagnosed? - ANS-Over the next three years
Exam Merger Model Question - ANS-forty eight.23; refer to excel version
Forecast 2019 price of goods offered based totally on the previous year's number and the
assumptions - ANS-13,356 (everyday forecasting)
Forecast the 2019 cost of goods sold based at the previous 12 months's number and the
assumptions? - ANS-13356 (sales boom, gross earnings, then subtract to get COGS)
How to add the months from the uncooked information as labels within the following bar
chart? - ANS-proper click the chart - select statistics - choose D45:O45 as axis label range
How to feature the months from the uncooked information as labels in the following bar
chart? - ANS-proper click the chart - pick out facts - pick D45:O45 as axis label variety
If the total property to equity ratio of a organization is growing, it's miles most likely that: -
ANS-The corporation is reducing using debt and getting lower monetary leverage
In excel the yearfrac functions calculates - ANS-the fraction of the year represented through
the wide variety of entire days among two dates (start date and stop date)
