Level 1 fra Study guides, Class notes & Summaries
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![CFA LEVEL 1/CFA Exam Bundle (Graded A) Updated 2023](/docpics/64200fe98d87d_2517140.jpg)
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CFA LEVEL 1/CFA Exam Bundle (Graded A) Updated 2023
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CFA LEVEL 1 Exam 2023 Questions with correct Answers
CFA Level 1 – Ethics Exam 2023 with complete solutions
CFA Level 1 Exam Questions with Verified Answers (Graded A)
CFA Level 1 FRA Exam Questions and Answers
CFA Level 1 - Fixed Income Exam 2023 Questions with 100% correct Answers
CFA Level 1 Formulas Exam 2023
CFA Level 1 - Equity Investments 

![CFA Level 1 FRA](/docpics/2872699/64823cec0b6f2_2872699_121_171.jpeg)
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CFA Level 1 FRA
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Current Ratio - Answer- Current Assets divided by current liabilities 
 
Quick Ratio - Answer- Cash plus marketable securities plus receivables divided by current liabilities 
 
Cash Ratio - Answer- Cash plus marketable securities divided by current liabilities 
 
Defensive Interval Ratio - Answer- Cash plus marketable securities plus receivables divided by average daily expenditures 
 
Cash Conversion cycle - Answer- days in inventory plus days in accounts receivables minus days in accounts pay...
![CFA Level 1 FRA Exam Questions and Answers](/docpics/4642249/65e248e23d680_4642249_121_171.jpeg)
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CFA Level 1 FRA Exam Questions and Answers
- Exam (elaborations) • 6 pages • 2024
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CFA Level 1 FRA Exam Questions and Answers 
 
Fixed charge coverage ratio - Answer-EBIT plus lease payments divided by interest payments plus lease payments 
 
Gross profit - Answer-Sales minus cost of goods sold 
 
Gross profit margin - Answer-gross profit divided by revenue 
 
operating profit margin - Answer-operating profit divided by revenue 
 
pretax margin - Answer-earnings before tax divided by revenue 
 
Net profit margin - Answer-net income divided by revenue 
 
Return on assets - Ans...
CFA Level 1 FRA Questions and Answers.
![CFA Level 1 FRA question with complete solution 2023](/docpics/2903492/648acf9590e3c_2903492_121_171.jpeg)
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CFA Level 1 FRA question with complete solution 2023
- Exam (elaborations) • 9 pages • 2023
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Available in package deal
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- $9.99
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CFA Level 1 FRA question with complete solution 2023Current 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 - correc...
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