CFA-Level-I Exam Question 261
If the existing money stock is $100 billion, the nominal GDP is $400 billion, and the average price level is $20, then according to the quantity theory of money, the velocity of money is
CFA-Level-I Exam Question 262
Information regarding the defined-benefit pension plan of Tri Cities Transport included the following for 2003 ($ in millions):
Service cost: 48. Interest cost: 32.Actual and expected return on plan assets: 26. Amortization of unrecognized net gain: 3. Amortization of unrecognized prior service cost: 5. Retiree benefits paid (end of year): 50.
What is Tri Cities' pension expense for 2003?
Service cost: 48. Interest cost: 32.Actual and expected return on plan assets: 26. Amortization of unrecognized net gain: 3. Amortization of unrecognized prior service cost: 5. Retiree benefits paid (end of year): 50.
What is Tri Cities' pension expense for 2003?
CFA-Level-I Exam Question 263
The reserve requirement is 10%. You take $5,000 and deposit it in your checking account. What will be the maximum total change in bank deposits resulting from this?
CFA-Level-I Exam Question 264
Which of the following statements is correct?
CFA-Level-I Exam Question 265
Evans Company owns 4.5 million shares of stock of Frazier Company classified as available-for-sale.
During 2003, the fair value of those shares increased by $9 million. What effect did this increase have on
Evans' 2003 financial statements?
During 2003, the fair value of those shares increased by $9 million. What effect did this increase have on
Evans' 2003 financial statements?