CFA-Level-I Exam Question 111
On January 1, a business exchanged a plant asset with a book value of $1,500 for a similar asset that had a price of $23,000. The business received a trade-in allowance of $2,100 on the old plant asset.
The income-tax method was used to record this trade. What was the result of the exchange?
The income-tax method was used to record this trade. What was the result of the exchange?
CFA-Level-I Exam Question 112
How will dilutive securities affect a firm's diluted earnings per share (EPS)?
CFA-Level-I Exam Question 113
Which of the following is NOT one of the major areas where financial ratios are used?
CFA-Level-I Exam Question 114
Which of the following statements is not correct?
CFA-Level-I Exam Question 115
Consider the following statements about t and z-tests:
I). The degrees of freedom in a t-distribution depend on sample size, and generally the degrees of freedom are defined as n-1.
II). As sample size increases a t-graph begins to resemble a z-graph.
III). For infinity degrees of freedom the critical values for a z-distribution can also be found on a t-table in the row that has infinity as its degrees of freedom.
Which statement(s) is/are TRUE?
I). The degrees of freedom in a t-distribution depend on sample size, and generally the degrees of freedom are defined as n-1.
II). As sample size increases a t-graph begins to resemble a z-graph.
III). For infinity degrees of freedom the critical values for a z-distribution can also be found on a t-table in the row that has infinity as its degrees of freedom.
Which statement(s) is/are TRUE?