CFI Exam Study Questions and Answers
(Top Grade Assured) 2026 Update
What is a reason for corporations to use debt in capital
financing? - Correct Answers ✅To lower the cost of capital
What is the function of Trace Precedents? - Correct Answers
✅Trace cells that provide data to the formula in the selected
cell
In valuation which of the following is an advantage of
comparable company analysis? - Correct Answers ✅There
are a large number of potential companies to compare to
Cells are __ by default, so before protecting a worksheet you
must __ - Correct Answers ✅unlocked; lock the formula
cells*gross profit mas
Which ratio would you use to determine how much profit a
company makes after paying off its cost of goods sold? -
Correct Answers ✅gross profit margin ratio
Which of the following is not a best practice of designing your
powerpoint presentation? - Correct Answers ✅use different
fonts and colors throughout the presentation
Which of the following items are not considered when
calculating the income from operations? - Correct Answers
✅Interest
, CFI Exam Study Questions and Answers
(Top Grade Assured) 2026 Update
which of the following is the correct ordering of the capital
stack (from most secure to least secure)? - Correct Answers
✅Term loan - high yield binds - common shares
When r=-0.99, the relationship between two sets of variables
is - Correct Answers ✅strong negative
in powerpoint, which tab of the ribbon would you use to insert
a fade on a textbox during the presentation? - Correct
Answers ✅Animations
What could be the yield to maturity for a 3 year bond with a
8% annual coupon if the bond is trading at discount? -
Correct Answers ✅9%
what is the net present value of the project based on the
information below? 20,000, 5,000, 8,000, 12,000, 8% -
Correct Answers ✅1,014
Calculate the debt to tangible net worth ratio based on the
information below: 5,000, 3,000, 1,700, 500 - Correct
Answers ✅0.68 (interest bearing liabilities/Total assets -
Equity + IA)
(Top Grade Assured) 2026 Update
What is a reason for corporations to use debt in capital
financing? - Correct Answers ✅To lower the cost of capital
What is the function of Trace Precedents? - Correct Answers
✅Trace cells that provide data to the formula in the selected
cell
In valuation which of the following is an advantage of
comparable company analysis? - Correct Answers ✅There
are a large number of potential companies to compare to
Cells are __ by default, so before protecting a worksheet you
must __ - Correct Answers ✅unlocked; lock the formula
cells*gross profit mas
Which ratio would you use to determine how much profit a
company makes after paying off its cost of goods sold? -
Correct Answers ✅gross profit margin ratio
Which of the following is not a best practice of designing your
powerpoint presentation? - Correct Answers ✅use different
fonts and colors throughout the presentation
Which of the following items are not considered when
calculating the income from operations? - Correct Answers
✅Interest
, CFI Exam Study Questions and Answers
(Top Grade Assured) 2026 Update
which of the following is the correct ordering of the capital
stack (from most secure to least secure)? - Correct Answers
✅Term loan - high yield binds - common shares
When r=-0.99, the relationship between two sets of variables
is - Correct Answers ✅strong negative
in powerpoint, which tab of the ribbon would you use to insert
a fade on a textbox during the presentation? - Correct
Answers ✅Animations
What could be the yield to maturity for a 3 year bond with a
8% annual coupon if the bond is trading at discount? -
Correct Answers ✅9%
what is the net present value of the project based on the
information below? 20,000, 5,000, 8,000, 12,000, 8% -
Correct Answers ✅1,014
Calculate the debt to tangible net worth ratio based on the
information below: 5,000, 3,000, 1,700, 500 - Correct
Answers ✅0.68 (interest bearing liabilities/Total assets -
Equity + IA)
