CFA-Level-I Exam Question 106

A consumer group wants to prove that the average hospital costs are more than $931 per day. The group randomly samples 60 accounts and finds a sample mean of $950. The hypothesis test is at an a-level of 5% and assumes a oof $50. Which of the following is true?
  • CFA-Level-I Exam Question 107

    ________ is an unsecured obligation of the issuing company.
  • CFA-Level-I Exam Question 108

    Cash is received for services not yet performed. This transaction affects an asset account and a(n)
  • CFA-Level-I Exam Question 109

    Which of the following will unambiguously increase NAV of an open-end fund?
  • CFA-Level-I Exam Question 110

    Watson is planning to value Alcan, Inc for the year of 2004. The financial information Watson has assembled for his valuation is as follows (in millions):
    EBIT: 500.
    *
    Interest expense: 150.
    *
    Depreciation: 200.
    *
    Income tax rate: 35%.
    *
    Investment in working capital: 80.
    *
    Investment in fixed capital: 400.
    *
    What is the FCFF for the company?