Latest PDF of CIMAPRA19-F03-1-ENG: F3 Financial Strategy

F3 Financial Strategy Practice Test

CIMAPRA19-F03-1-ENG Exam Format | Course Contents | Course Outline | Exam Syllabus | Exam Objectives

100% Money Back Pass Guarantee

CIMAPRA19-F03-1-ENG PDF Sample Questions

CIMAPRA19-F03-1-ENG Sample Questions

CIMAPRA19-F03-1-ENG Dumps
CIMAPRA19-F03-1-ENG Braindumps
CIMAPRA19-F03-1-ENG Real Questions
CIMAPRA19-F03-1-ENG Practice Test
CIMAPRA19-F03-1-ENG Actual Questions
CIMA
CIMAPRA19-F03-1-ENG
F3 Financial Strategy
https://killexams.com/pass4sure/exam-detail/CIMAPRA19-F03-1-ENG
Question: 70
A company�s main objective is to achieve an average growth in dividends of 10% a year.
In the most recent financial year:
Sales are expected to grow at 8% a year over the next 5 years.
Costs are expected to grow at 5% a year over the next 5 years.
What is the minimum dividend payout ratio in 5 years� time that would allow the company to achieve its objective?
A . 21.7%
B . 30.0%
C . 27.5%
D . 22.5%
Answer: A
Question: 71
A company has in a 5% corporate bond in issue on which there are two loan covenants.
� Interest cover must not fall below 3 times
� Retained earnings for the year must not fall below $3.5 million
The Company has 200 million shares in issue.
The most recent dividend per share was $0.04.
The Company intends increasing dividends by 10% next year.
Financial projections for next year are as follows:
Advise the Board of Directors which of the following will be the status of compliance with the loan covenants next
year?
A . The company will be in compliance with both covenants.
B . The company will be in breach of both covenants.
C . The company will breach the covenant in respect of retained earnings only.
D . The company will be in breach of the covenant in respect of interest cover only.
Answer: C
Question: 72
Which THREE of the following remain unchanged over the life of a 10 year fixed rate bond?
A . The coupon rate
B . The yield
C . The market value
D . The nominal value
E . The amount payable on maturity
Answer: A,D,E
Question: 73
A company has some 7% coupon bonds in issue and wishes to change its interest rate profile.
It has decided to do this by entering into a plain coupon interest rate swap with it�s bank.
The bank has quoted a swap rate of: 6.0% � 6.5% fixed against LIBOR.
What will the company�s new interest rate profile be?
A . VARIABLE at LIBOR
B . VARIABLE at LIBOR + 0.5%
C . VARIABLE at LIBOR + 1.0%
D . FIXED at 6.5%
Answer: C
Question: 74
A company�s current earnings before interest and taxation are $5 million.
These are expected to remain constant for the forseeable future.
The company has 10 million shares in issue which currently trade at $3.60.
It also has a $10 million long term floating rate loan.
The current interest rate on this loan is 5%.
The company pays tax at 20%.
The company expects interest rates to increase next year to 6% and it�s Price/Earnings (P/E) ratio to move to 9.5 times
by the end of next year.
What percentage reduction in the share price will occur by the end of next year if the interest rate increase and the P/E
movement both occur?
A . Reduction of 7%
B . Reduction of 5%
C . Reduction of 1%
D . Reduction of 0%
Answer: A
Question: 75
A company financed by equity and debt can be valued by discounting:
A . free cash flow before interest at WAC
C . free cash flow before interest at the cost of equity.
D . free cash flow after interest at WAC
F . free cash flow after interest at the cost of equity.
Answer: A
Question: 76
A company has a covenant on its 5% long-term bond, stipulating that its retained earnings must not fall below $2
million.
The company has 100 million shares in issue.
Its most recent dividend was $0.045 per share. It has committed to grow the dividend per share by 4% each year.
The nominal value of the bond is $60 million. It is currently trading at 80% of its nominal value.
Next year�s earnings before interest and taxation are projected to be $11.25 million.
The rate of corporate tax is 20%.
If the company increases the dividend by 4%, advise the Board of Directors if the level of retained earnings will
comply with the covenant?
A . Covenant is not breached as retained earnings = $2.40 million.
B . Covenant is not breached as retained earnings = $2.10 million.
C . Covenant is breached as retained earnings = $1.92 million.
D . The covenant is not breached as retained earnings = $4.68 million.
Answer: C
Question: 77
A company wishes to raise additional debt finance and is assessing the impact this will have on key ratios.
The following data currently applies:
� Profit before interest and tax for the current year is $500,000
� Long term debt of $300,000 at a fixed interest rate of 5%
� 250,000 shares in issue with a share price of $8
The company plans to borrow an additional $200,000 on the first day of the year to invest in new project which will
improve annual profit before interest and tax by $24,000.
The additional debt would carry an interest rate of 3%.
Assume the number of shares in issue remain constant but the share price will increase to $8.50 after the investment.
The rate of corporate income tax is 30%.
After the investment, which of the following statements is correct?
A . Interest cover will fall; P/E ratio will fall.
B . Interest cover will fall; P/E ratio will rise.
C . Interest cover will rise; P/E ratio will rise.
D . Interest cover will rise; P/E ratio will fall.
Answer: B
Question: 78
A company based in Country D, whose currency is the D$, has an objective of maintaining an operating profit margin
of at least 10% each year.
Relevant data:
� The company makes sales to Country E whose currency is the E$. It also makes sales to Country F whose currency is
the F$.
� All purchases are from Country G whose currency is the G$.
� The settlement of all transactions is in the currency of the customer or supplier.
Which of the following changes would be most likely to help the company achieve its objective?
A . The D$ strengthens against the E$ over time.
B . The F$ weakens against the D$ over time.
C . The D$ strengthens against the G$ over time.
D . The D$ weakens against the G$ over time.
Answer: C
Question: 79
Company A plans to acquire Company B, an unlisted company which has been in business for 3 years.
It has incurred losses in its first 3 years but is expected to become highly profitable in the near future.
No listed companies in the country operate the same business field as Company B, a unique new high-risk business
process.
The future success of the process and hence the future growth rate in earnings and dividends is difficult to determine.
Company A is assessing the validity of using the dividend growth method to value Company B.
Which THREE of the following are weaknesses of using the dividend growth model to value an unlisted company
such as Company B?
A . The company has been unprofitable to date and hence, there is no established dividend payment pattern.
B . The future projected dividend stream is used as the basis for the valuation.
C . The future growth rate in earnings and dividends will be difficult to accurately determine.
D . The dividend growth model does not take the time value of money into consideration.
E . The cost of capital will be difficult to estimate.
Answer: A,C,E
Question: 80
A company�s gearing (measured as debt/(debt + equity)) is currently 60% and it is investigating whether an optimal
gearing structure exists within the industry.
It has analysed the capital structure of similar companies in the industry and it would
appear that there is evidence supporting the traditional theory of capital structure.
Companies with the lowest WACC in the industry have gearing of around 45% to 50%.
Which of the following actions would result in the company achieving a more optimal capital structure?
A . Undertaking a rights issue of equity to repay some of its debt.
B . Refinancing to replace some of its short term debt with long term debt.
C . Increasing the level of dividend to return more cash to shareholders.
D . Using retained cash to undertake a buyback of some of its equity.
Answer: A

Killexams VCE Exam Simulator 3.0.9

Download Killexams-Exam-Simulator-3.0.9.rar

Killexams has introduced Online Test Engine (OTE) that supports iPhone, iPad, Android, Windows and Mac. CIMAPRA19-F03-1-ENG Online Testing system will helps you to study and practice using any device. Our OTE provide all features to help you memorize and practice test questions and answers while you are travelling or visiting somewhere. It is best to Practice CIMAPRA19-F03-1-ENG Exam Questions so that you can answer all the questions asked in test center. Our Test Engine uses Questions and Answers from Actual F3 Financial Strategy exam.

Killexams Online Test Engine Test Screen

Killexams Online Test Engine Progress Chart

Killexams Online Test Engine Test History Graph

Killexams Online Test Engine Performance History

Killexams Online Test Engine Result Details

Online Test Engine maintains performance records, performance graphs, explanations and references (if provided). Automated test preparation makes much easy to cover complete pool of questions in fastest way possible. CIMAPRA19-F03-1-ENG Test Engine is updated on daily basis.

Pass CIMAPRA19-F03-1-ENG exam with CIMAPRA19-F03-1-ENG Free PDF and real questions

Before taking the real test, make sure you have a CIMA CIMAPRA19-F03-1-ENG Practice Questions of actual questions for the particular F3 Financial Strategy Exam Questions. We provide the latest and valid CIMAPRA19-F03-1-ENG Exam Questions, containing real exam questions. We have collected and produced a database of CIMAPRA19-F03-1-ENG Study Guides from actual exams to provide you with an opportunity to prepare and pass the CIMAPRA19-F03-1-ENG exam on the first try. Simply memorize our CIMAPRA19-F03-1-ENG questions.

Latest 2024 Updated CIMAPRA19-F03-1-ENG Real Exam Questions

There are numerous Latest Topics providers available on the web, but most of them offer outdated and invalid CIMAPRA19-F03-1-ENG Free PDF. To save your time and avoid wasting money on ineffective materials, it's crucial to find a reliable and up-to-date CIMAPRA19-F03-1-ENG boot camp supplier. At killexams.com, we offer free download of 100% valid CIMAPRA19-F03-1-ENG Free PDF test questions, so you can be confident in our services. By registering with us, you can get a three-month subscription to download the latest and valid CIMAPRA19-F03-1-ENG boot camp that includes actual CIMAPRA19-F03-1-ENG test questions and answers. In addition, we also provide an CIMAPRA19-F03-1-ENG VCE test system for your training and practice. You can access and study the CIMAPRA19-F03-1-ENG boot camp PDF on any device, such as an iPad, iPhone, PC, smart TV, or Android device, while on vacation or traveling. This allows you to save time and focus on studying the CIMAPRA19-F03-1-ENG Free Exam PDF. Practice CIMAPRA19-F03-1-ENG Free PDF with our VCE test system repeatedly until you achieve a perfect score of 100%. Once you feel confident, you can proceed to the testing center for the real CIMAPRA19-F03-1-ENG exam.

Killexams Review | Reputation | Testimonials | Customer Feedback

I panicked when my CIMAPRA19-F03-1-ENG test was just a week away, and I realized that I had lost my syllabus. The syllabus is the most critical document during the instruction duration, and I was unable to figure out how to cope with the situation. However, a friend recommended killexams.com to me, and I cannot thank them enough for making me aware of such a blessing. Preparation became much less complicated with the help of the CIMAPRA19-F03-1-ENG syllabus, which I obtained through the website.
Lee [2024-4-10]

killexams.com Questions and Answers are the best manner I have ever used to prepare for and pass an IT test. I recommend it to everyone. While some may find it risky, it provides everything you need to understand for an exam. I have passed several IT tests, including the CIMAPRA19-F03-1-ENG exam with 88% marks, using killexams.com Questions and Answers. My friends have also used killexams.com for many other certificates and have all had great success. killexams.com is my top pick for certification exam preparation.
Martin Hoax [2024-5-19]

I can confidently say that killexams.com's Questions and Answers are reliable for the CIMAPRA19-F03-1-ENG exam. While I missed a few questions on the exam because I drew a blank and could not recall the answer provided by killexams.com, I still passed with a good score because I had learned everything in the preparation pack. Therefore, my advice to other test-takers is to use killexams.com's resources and study everything provided to pass the CIMAPRA19-F03-1-ENG exam.
Lee [2024-6-8]

More CIMAPRA19-F03-1-ENG testimonials...

CIMAPRA19-F03-1-ENG Exam

User: Martha nods*****

We all know that passing the cimapra19-f03-1-eng exam is a big deal, and when I passed my exam, I was over the moon. Killexams.com helped me achieve 87% marks, and my sister is now using the platform to study for the Cisco CCNA exam.

User: Olivia*****

I was ecstatic when I discovered killexams.com because it was precisely what I had been searching for - a website with affordable and authentic CIMAPRA19-F03-1-ENG certification practice tests. I did not have the time to read numerous books, but the practice questions provided were sufficient and useful. As a result, I performed excellently in my CIMAPRA19-F03-1-ENG exam, and I am grateful.

User: Cyril*****

Thanks to Killexams.com, I had valid and accurate exam questions and answers. Even with only a basic understanding of the cimapra19-f03-1-eng exam and offerings, I passed the exam easily. Although I was initially burdened by the vast amount of information, going through the questions made things easier, and I had an incredible experience with Killexams.

User: Lesya*****

I was unsure about passing the CIMAPRA19-F03-1-ENG exam, but with just a week to go, I switched to Killexams.com Questions and Answers for guidance. I was pleasantly surprised by how the topics that I usually avoided turned out to be amusing to test. Thanks to Killexams.com, I passed my exam with flying colors.

User: Bautista*****

I passed the cimapra19-f03-1-eng certification exam with the help of the provided Questions and Answers from killexams.com. The path to becoming certified involves more than just memorizing the Questions and Answers, so be sure to prepare thoroughly. There were some exam questions that were not in the provided practice tests, but if you practice with different types of Questions and Answers, you can attempt those questions with ease. This was my experience, and I want to thank killexams.com for helping me pass my exam.

CIMAPRA19-F03-1-ENG Exam

Question: I have already purchased an exam. I want to buy next. Will I get special discount?
Answer: Yes, killexams provide a special discount for returning customers. Just contact live chat or email support with your previous username and write the exam name and details that you want to buy. Our team will give you a special discounted link to buy your next exam.

Question: Should I try this fantastic material with CIMAPRA19-F03-1-ENG latest dumps?
Answer: We recommend experiencing killexams test prep and study guides for your CIMAPRA19-F03-1-ENG exam because these CIMAPRA19-F03-1-ENG practice test are specially collected to ease the CIMAPRA19-F03-1-ENG exam questions when asked in the actual test. You will get good scores on the exam.

Question: Will I be able to find CIMAPRA19-F03-1-ENG actual questions?
Answer: Yes, once registered at killexams.com you will be able to download up-to-date CIMAPRA19-F03-1-ENG practice test that will help you pass the exam with good marks. When you download and practice the exam questions, you will be confident and feel improvement in your knowledge.

Question: Is there any possibility that someone else can take exam in my place?
Answer: No, we do not support such things. Killexams.com needs you to boost your knowledge and take the exam by yourself. You are the one who is going to work practically in the real environment. You should have enough knowledge and practice that you can work in your company professionally in the best position. We do not know if there is any such possibility exists.

Question: Should I try this extremely good material CIMAPRA19-F03-1-ENG brain dumps?
Answer: We recommend experiencing killexams test prep and study guides for your CIMAPRA19-F03-1-ENG exam because these CIMAPRA19-F03-1-ENG practice test are specially collected to ease the CIMAPRA19-F03-1-ENG exam questions when asked in the actual test. You will get good scores on the exam.

References

Frequently Asked Questions about Killexams Practice Tests

I do not know exam code, How can I search my exam?
If you do not know the exam code or number, you can search by exam name. Write the shortest query in the search box at https://killexams.com/search so that you can see all results related to your exam. If you want to search for some IBM exam and you did not find it, you can just write IBM and see all the exams related to IBM. It will be far easy for you to select from the list of all IBM exams.

Do I need to read and practice all the questions you provide?
Yes, you should read and practice all the questions provided by killexams. The benefit to read and practice all CIMAPRA19-F03-1-ENG brainpractice questions is to get to the point knowledge of exam questions rather than going through huge CIMAPRA19-F03-1-ENG course books and contents. These practice questions contain actual CIMAPRA19-F03-1-ENG questions and answers. By reading and understanding, complete question bank greatly improves your knowledge about the core topics of CIMAPRA19-F03-1-ENG exam. It also covers the latest syllabus. These exam questions are taken from CIMAPRA19-F03-1-ENG actual exam source, that\'s why these exam questions are sufficient to read and pass the exam. Although you can use other sources also for improvement of knowledge like textbooks and other aid material these practice questions are sufficient to pass the exam.

Is there an CIMAPRA19-F03-1-ENG exam new syllabus available?
Yes, Killexams provide CIMAPRA19-F03-1-ENG question bank of the new syllabus. You need the latest CIMAPRA19-F03-1-ENG questions of the new syllabus to pass the CIMAPRA19-F03-1-ENG exam. These latest CIMAPRA19-F03-1-ENG brainpractice questions are taken from real CIMAPRA19-F03-1-ENG exam question bank, that\'s why these CIMAPRA19-F03-1-ENG exam questions are sufficient to read and pass the exam. Although you can use other sources also for improvement of knowledge like textbooks and other aid material these CIMAPRA19-F03-1-ENG practice questions are sufficient to pass the exam.

Is Killexams.com Legit?

Yes, Killexams is 100% legit as well as fully dependable. There are several options that makes killexams.com traditional and authentic. It provides up to date and 100 percent valid exam dumps that contains real exams questions and answers. Price is very low as compared to almost all the services online. The questions and answers are modified on regular basis with most recent brain dumps. Killexams account arrangement and item delivery is very fast. Computer file downloading will be unlimited and really fast. Assist is available via Livechat and E mail. These are the features that makes killexams.com a strong website that provide exam dumps with real exams questions.

Other Sources

Which is the best testprep site of 2024?

There are several Questions and Answers provider in the market claiming that they provide Real Exam Questions, Braindumps, Practice Tests, Study Guides, cheat sheet and many other names, but most of them are re-sellers that do not update their contents frequently. Killexams.com is best website of Year 2024 that understands the issue candidates face when they spend their time studying obsolete contents taken from free pdf download sites or reseller sites. That is why killexams update Exam Questions and Answers with the same frequency as they are updated in Real Test. Testprep provided by killexams.com are Reliable, Up-to-date and validated by Certified Professionals. They maintain Question Bank of valid Questions that is kept up-to-date by checking update on daily basis.

If you want to Pass your Exam Fast with improvement in your knowledge about latest course contents and topics, We recommend to Download PDF Exam Questions from killexams.com and get ready for actual exam. When you feel that you should register for Premium Version, Just choose visit killexams.com and register, you will receive your Username/Password in your Email within 5 to 10 minutes. All the future updates and changes in Questions and Answers will be provided in your Download Account. You can download Premium Exam questions files as many times as you want, There is no limit.

Killexams.com has provided VCE Practice Test Software to Practice your Exam by Taking Test Frequently. It asks the Real Exam Questions and Marks Your Progress. You can take test as many times as you want. There is no limit. It will make your test prep very fast and effective. When you start getting 100% Marks with complete Pool of Questions, you will be ready to take Actual Test. Go register for Test in Test Center and Enjoy your Success.

100% Money Back Pass Guarantee

Back to List

Social Profiles

F3 Financial Strategy Practice Test

CIMAPRA19-F03-1-ENG Exam Format | Course Contents | Course Outline | Exam Syllabus | Exam Objectives

100% Money Back Pass Guarantee

CIMAPRA19-F03-1-ENG PDF Sample Questions

CIMAPRA19-F03-1-ENG Sample Questions

Killexams VCE Exam Simulator 3.0.9

Pass CIMAPRA19-F03-1-ENG exam with CIMAPRA19-F03-1-ENG Free PDF and real questions

Latest 2024 Updated CIMAPRA19-F03-1-ENG Real Exam Questions

Tags

Killexams Review | Reputation | Testimonials | Customer Feedback

CIMAPRA19-F03-1-ENG Exam

CIMAPRA19-F03-1-ENG Exam

References

Frequently Asked Questions about Killexams Practice Tests

Is Killexams.com Legit?

Other Sources

Which is the best testprep site of 2024?

Important Links for best testprep material

100% Money Back Pass Guarantee

Social Profiles