hard · CFA Level I fsa

Pinion Logistics, reporting under IFRS, shows Net Income of 1,200,000. The analyst identifies the following: Depreciation of150,000, Stock-based compensation of 85,000, and a Gain on sale of equipment of110,000. Inventory rose by 60,000 and Accrued Liabilities rose by30,000. The correct CFO is closest to:

  1. $1,235,000
  2. $1,295,000
  3. $1,405,000

Sign up free to see the explanation and track your rank →

More CFA Level I fsa practice

KomFi: Test Prep Made Easy

KomFi: Test Prep Made Easy — free adaptive practice for GMAT, GRE, SAT, ACT, National Real Estate Exam, Investment Banking, and finance with full explanations.

KomFi Academy is free GMAT prep and personalized GMAT help built as a training platform: 83,400+ practice questions, 28,500+ flashcards, on-demand video lectures, podcasts, and 4K slide decks. Flagship tracks: Free GMAT Prep, Free GMAT Resources, National Real Estate Exam Prep, Investment Banking Prep, Finance Prep, GRE, SAT, ACT, LSAT, MCAT, Financial Accounting, Private Equity, Private Credit, and Quantitative Finance.

Free GMAT Prep & Personalized GMAT Help

What's inside

Topics

View pricing · Read testimonials