L1 - Survey Q#174

[CFAexams]

Does any Level 1 takers remember Q#174 ( I'm not a geek but I made note of it b/c I thought there was an error in the question).

Question was something like:
Company A B
Sales 120 300
ROE .15 .15
Total Asset 70 140
Liabilities 20 40

And the questions asks which company had the Profit Margin and Financial Leverage Mulitplier as lower or higher for Co. A and B. Do you remember if the Total Assets was 70 or 75? And Liabilities was 20 or 25? If it was 70/20, then the Financial Leverage Multipliers are the same for both companies and this was NOT one of the alternative choices. Please reply and we can request AIMR to discard this question if it is indeed 70/20.

Thanks

 

[ThorVidal]

How can you possibly be so sure that you have the numbers right?

 

[CFAexams]

I'm pretty sure of most of the numbers except for Co. A Total Assets and Liabilities. I think if enough L1 candidates agree with the numbers then it could be a flawed question. It happens.

For example, did anyone notice in the sample 2004 AIMR exam on the website had a flaw for the geometric return Q.111? It gave quarterly values, so you do NOT take the geometrically linked returns to the power of 1/4th to get the annual return. It is just the product of the four returns.

Any feedback on Q#174?

 

[sbhalla]

Hey, That was the worst question on the exam for me...but i think if you search someone has the answer posted somewhere.

but yea, i hated that one

 

[CFAexams]

bump.

Can anyone remember this question? We have 5 days after the exam to inform AIMR about potential errors.