[PDF] Top 20 CFA 2018 Quest Bank R07 Discounted Cash Flow Applications Q Bank

... 2. A company is planning to invest $25,000 in a new project. The project is expected to generate annual after-tax cash flows of $5000 for the next 3 years and $15,000 in its fourth year. Given that the appropriate ... Lihat dokumen lengkap

... 3. In 2012, Nerosoft Co. recorded unearned revenue related to their latest operating system license, which the company will recognize as revenue in 2013. Ignoring income taxes, this recognition of the operating system ... Lihat dokumen lengkap

... 5. B is correct. The appropriate time to recognize revenue would be in the month of August; the risks and rewards have been transferred to the buyer (shipped and delivered), the revenue can be reliably measured, and it ... Lihat dokumen lengkap

... 22. A project requires an initial outlay of $75,000. It is expected to result in positive cash flows of $20,000 for the first two years. Projections for the third and fourth year are $36,000 and $38,000 ... Lihat dokumen lengkap

... future cash flows. In this case the undiscounted future cash flow of $102,000 exceeds the carrying value of $100,000, hence there is no ...future cash flows been lower than the carrying value, ... Lihat dokumen lengkap

... Mÿ 2 + ÿ O;ÿ 8 + ÿ 0.+ ÿ 8 ÿ -Fÿ 8 + ÿ Q&)ÿ 1+ ÿ 0.+ G ÿ M ÿ 0ÿ ,ÿ 8 ÿ ;.+ ÿ ÿ 0ÿ / / ÿ <ÿ 0.+ ÿ 8 + ÿ Q&)ÿ 1+ ÿ 0.+ G ÿ M ÿ 0ÿ , 8 ÿ ;.+ ÿ <ÿ 0ÿ / / ÿ 0ÿ <ÿ + I. Jÿ 0.+ ÿ 8 + ÿ Q)ÿ ... Lihat dokumen lengkap

... Firms are required to provide a compliant presentation for any composite listed on the firm‟s list of composite descriptions to any existing client only that makes such a the GIPS stand[r] ... Lihat dokumen lengkap

... 16. Bellavine Co. generated FCFE of $1,800 last year. The cash flow is expected to grow at 8% for the next three years after which it will grow at 3% annually. The market value of the company ’s debt ... Lihat dokumen lengkap

... decrease cash by $50,000 and increase inventory by ...either cash (if cash collected in the same accounting period) or accounts receivable (if sold on credit) by ... Lihat dokumen lengkap

... 19. Alex, a fund manager at Morgan Investment Bank manages Anil‟s portfolio. At the beginning of the year, the portfolio had a value of $50,000 and at the end it was $45,000. Alex‟s performance is measured against ... Lihat dokumen lengkap

... The central limit theorem establishes that the sampling distribution of sample means will be approximately normal, will have a mean equal to the population mean, and will have a variance[r] ... Lihat dokumen lengkap

... 31.Assuming that the working-age population is constant, if the labor force participation ratio declines while the number of people employed remains unchanged, the unemployment rate will[r] ... Lihat dokumen lengkap

... central bank is able to adjust monetary policy to maintain price ...central bank to exercise independent monetary policy to buffer its economy from inflation or deflation of the target ... Lihat dokumen lengkap

... 14. A is correct. For recognition in the financial statements, an element must have a cost or value that can be measured with reliability; certainty is not a requirement for economic benefits associated with an item to ... Lihat dokumen lengkap

... The strong-form efficient market hypothesis is defined as a market where security prices fully reflect all market data, which refers to all past price and both public and private informa[r] ... Lihat dokumen lengkap

... 31. B is correct. A common-size balance sheet expresses all balance sheet accounts as a percentage of total assets and provides insight into what portion of a company’s assets is liquid. In contrast, cash and ... Lihat dokumen lengkap

... Cash and cash equivalents 90.0 Marketable securities 350.5 Accounts receivables 10.0 Other current assets 120.1 Total current assets 570.6 Deferred revenues 75.0 Other current liabilities 112.5 Total ... Lihat dokumen lengkap

... 57. C is correct. Reinvestment risk refers to the effect that lower interest rates have on available rates of return when reinvesting the cash flows received from an earlier investment. Because bonds are typically ... Lihat dokumen lengkap

... LO.a: Describe the differences between accounting profit and taxable income, and define key terms, including deferred tax assets, deferred tax liabilities, valuation allowance, taxes p[r] ... Lihat dokumen lengkap

... Bernadine Nutting has just completed several rounds of job interviews with the valuation group, Ancis Associates. The final hurdle before the firm makes her an offer is an interview with Greg Ancis, CFA, the ... Lihat dokumen lengkap