CFA Level 1 FRA questions with complete solutions
Current Ratio correct answer: Current Assets divided by current liabilities Quick Ratio correct answer: Cash plus marketable securities plus receivables divided by current liabilities Cash Ratio correct answer: Cash plus marketable securities divided by current liabilities Defensive Interval Ratio correct answer: Cash plus marketable securities plus receivables divided by average daily expenditures Cash Conversion cycle correct answer: days in inventory plus days in accounts receivables minus days in accounts payable Accounts receivable turnover correct answer: revenue divided by average accounts receivable inventory turnover correct answer: cost of goods sold divided by average inventory Accounts payable turnover correct answer: purchases divided by average accounts payable Cost of Goods Sold correct answer: Beginning inventory plus purchases minus ending inventory Operating cycle correct answer: days in inventory plus days in accounts receivable
Escuela, estudio y materia
- Institución
- CFA - Chartered Financial Analyst
- Grado
- CFA - Chartered Financial Analyst
Información del documento
- Subido en
- 25 de mayo de 2023
- Número de páginas
- 11
- Escrito en
- 2022/2023
- Tipo
- Examen
- Contiene
- Preguntas y respuestas
Temas
-
cfa level 1 fra questions with complete solutions
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