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The Institute of Asset Management Certificate

  • Exam Number/Code : IAM-Certificate
  • Exam Name : The Institute of Asset Management Certificate
  • Questions and Answers : 213 Q&As
  • Update Time: 2019-01-10
  • Price: $ 99.00 $ 39.00

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NEW QUESTION: 1



A. Yes
B. No
Answer: B

NEW QUESTION: 2
Given the following information on the annual operating results for ArtFrames, a producer of quality metal picture frames, calculate the degree of operating leverage (DOL) and the degree of financial leverage (DFL).
Which of the following choices is closest to the correct answer? ArtFrame抯DOL and DFL are, respectively:
A. 3.00 and 1.50.
B. 2.20 and 1.08.
C. 4.53 and 1.19.
D. 2.20 and 1.06.
Answer: B
Explanation:
Explanation/Reference:
Explanation:
The calculations are as follows:

1Variable costs = 0.45 * 3,500,000
2Interest Expense = 0.09 * 750,000
Second,calculate DOL:
DOL = (Sales - Variable Costs) / (Sales - Variable Costs - Fixed Costs)
= (3,500,000 - 1,575,000) / (3,500,000 - 1,575,000 - 1,050,000) =2.20
Third,calculate DFL:
DFL = EBIT / (EBIT - I) = 875,000 / 807,500 =1.08.

NEW QUESTION: 3
How are BPDUs handled by 802.1w compared to 802.1D?
A. 802.2D bridges only relay BPDUs received from the root.
B. There is no difference between 802.Iw and 802.ID when they handle BPDUs.
C. 802.Iw bridges only relay BPDUs received from the root.
D. 802.1D bridges do not relay BPDUs.
Answer: A