CFA-Level-I Exam Question 26

At the beginning of this year Aramed had 400,000 shares of common stock outstanding. Aramed paid a 10 percent stock dividend on March 31 of this year. Aramed issued 90,000 new common shares on
June 30 of this year and repurchased 12,000 shares on December 1. The number of shares Aramed should use in computing earnings per share at the end of the year is:
  • CFA-Level-I Exam Question 27

    Best Cycles has invested in a new project and is considering depreciating it under the sinking fund method. Which of the statements presented below would be CONSISTENT with this depreciation method?
    Annual cash flows are projected to be level.

    CFA-Level-I Exam Question 28

    Suppose that P(A) = 0.9, P(B) = 0.8, and P(B|A) = 0.6. Find P(A|B).
  • CFA-Level-I Exam Question 29

    For T-bills (no risks), the risk aversion coefficient:
  • CFA-Level-I Exam Question 30

    An important distinction between the direct method and the indirect method of preparing a statement of cash flows is that: