CFI Exam Questions With Accurate Answers
2025\2026 A+ Grade.
What is a reason for corporations to use debt in capital financing?
- accurate answers-To lower the cost of capital
What is the function of Trace Precedents?
- accurate 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?
- accurate answers-There are a large number of potential companies to
compare to
Cells are __ by default, so before protecting a worksheet you must __
- accurate 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?
- accurate answers-gross profit margin ratio
Which of the following is not a best practice of designing your PowerPoint
presentation?
- accurate answers-use different fonts and colors throughout the presentation
Which of the following items are not considered when calculating the income
from operations?
- accurate answers-Interest
which of the following is the correct ordering of the capital stack (from most
secure to least secure)?
- accurate answers-Term loan - high yield binds - common shares
When r=-0.99, the relationship between two sets of variables is
- accurate answers-strong negative
, in PowerPoint, which tab of the ribbon would you use to insert a fade on a
textbox during the presentation?
- accurate 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?
- accurate 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%
- accurate answers-1,014
Calculate the debt to tangible net worth ratio based on the information below:
5,000, 3,000, 1,700, 500
- accurate answers-0.68 (interest bearing liabilities/Total assets - Equity + IA)
Which of the following does not describe a strategic buyer in M&A
transactions
- accurate answers-they use leverage for maximum equity returns
In excel, how do you insert a chart in a selected cell like the image below?
- accurate answers-insert - sparklines - column
A company has annual sales of 32000 and accounts receivables of 2200. The
gross profit margin is 31.3%. The receivable days estimated from the data
above is
- accurate answers-25.1
A firm generated annual revenue of 75000 and has accounts payable of 3260.
The gross profit margin is 23.3%. The payable days estimated from the data
above is closest to
- accurate answers-21 (use COGS instead of rev)
In excel the yearfrac functions calculates
- accurate answers-the fraction of the year represented by the number of
whole days between two dates (start date and end date)
2025\2026 A+ Grade.
What is a reason for corporations to use debt in capital financing?
- accurate answers-To lower the cost of capital
What is the function of Trace Precedents?
- accurate 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?
- accurate answers-There are a large number of potential companies to
compare to
Cells are __ by default, so before protecting a worksheet you must __
- accurate 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?
- accurate answers-gross profit margin ratio
Which of the following is not a best practice of designing your PowerPoint
presentation?
- accurate answers-use different fonts and colors throughout the presentation
Which of the following items are not considered when calculating the income
from operations?
- accurate answers-Interest
which of the following is the correct ordering of the capital stack (from most
secure to least secure)?
- accurate answers-Term loan - high yield binds - common shares
When r=-0.99, the relationship between two sets of variables is
- accurate answers-strong negative
, in PowerPoint, which tab of the ribbon would you use to insert a fade on a
textbox during the presentation?
- accurate 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?
- accurate 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%
- accurate answers-1,014
Calculate the debt to tangible net worth ratio based on the information below:
5,000, 3,000, 1,700, 500
- accurate answers-0.68 (interest bearing liabilities/Total assets - Equity + IA)
Which of the following does not describe a strategic buyer in M&A
transactions
- accurate answers-they use leverage for maximum equity returns
In excel, how do you insert a chart in a selected cell like the image below?
- accurate answers-insert - sparklines - column
A company has annual sales of 32000 and accounts receivables of 2200. The
gross profit margin is 31.3%. The receivable days estimated from the data
above is
- accurate answers-25.1
A firm generated annual revenue of 75000 and has accounts payable of 3260.
The gross profit margin is 23.3%. The payable days estimated from the data
above is closest to
- accurate answers-21 (use COGS instead of rev)
In excel the yearfrac functions calculates
- accurate answers-the fraction of the year represented by the number of
whole days between two dates (start date and end date)
