IMA CMA-Strategic-Financial-Management real exam prep : CMA Part 2: Strategic Financial Management Exam

Accurate predication

Normally, you will come across almost all of the real test questions on your usual practice. Maybe you are doubtful about our CMA-Strategic-Financial-Management guide torrent. We have statistics to tell you the truth. The passing rate of our products is the highest according to the investigation. Many candidates can also certify for our study materials. It will be your loss if you miss our products. As long as you are willing to trust our CMA-Strategic-Financial-Management preparation materials, you are bound to get the certificate. Life needs new challenge. Try to do some meaningful things.

The whole world of CMA-Strategic-Financial-Management preparation materials has changed so fast in the recent years because of the development of internet technology. We have benefited a lot from those changes. In order to keep pace with the development of the society, we also need to widen our knowledge. If you are a diligent person, we strongly advise you to try our CMA-Strategic-Financial-Management real test. You will be attracted greatly by our test engine. Life is too short, do not waste time. It is never too late to learn. Your choice of our study materials is completely correct.

Favorable comments from customers

Our company is trying to satisfy every customer's demand. Of course, we also attach great importance on the quality of our CMA-Strategic-Financial-Management real test. Every product will undergo a strict inspection process. In addition, there will have random check among different kinds of study materials. The quality of our study materials deserves your trust. Never have our CMA-Strategic-Financial-Management preparation materials complained by the customer in the past ten years. Most of them are willing to introduce their friends to purchase our study materials. Also, they will write favorable comments on our websites to express their thanks. Almost every customer is satisfied with our CMA-Strategic-Financial-Management guide torrent. As we all know, it's hard to delight every customer. But we have successfully done that. Our study materials are really reliable. In a word, our products have built good reputation in the market. We sincerely hope that you can try our CMA-Strategic-Financial-Management preparation materials. You will surely benefit from your correct choice. Learning never stops!

High efficiency

If you study on our test engine, your preparation time of the CMA-Strategic-Financial-Management guide torrent will be greatly shortened. Firstly, the important knowledge has been picked out by our professional experts. You just need to spend about twenty to thirty hours before taking the real CMA-Strategic-Financial-Management exam. Also, our workers have made many efforts on the design of the system. You will never feel bored when you study on our CMA-Strategic-Financial-Management preparation materials. Every question is designed with heart. In addition, the relevant knowledge will be easy to memorize. Learning can also be a pleasant process. The saved time can be used to go sightseeing or have a rest. All in all, your purchasing of our CMA-Strategic-Financial-Management real test is absolutely correct. We have solved all of your troubles. Come to buy our study materials.

IMA CMA-Strategic-Financial-Management Exam Syllabus Topics:

IMA CMA Part 2: Strategic Financial Management Sample Questions:

1. Studler's Restaurant is considering a contract to supply the weal senior citizen center with 10,000 meals.
Regular sales at regular prices would be unaffected. The food cost for each meal s S3 Additional costs incurred as a result of the contract would De variable overhead of S 50 and variable selling general and administrative costs of S SO per meal sold. The selling price per meal would be $5, A total of $20,000 in fixed costs would be allocated at $2 per meal. The fixed costs are part of an overall total of $500,000 in annual fixed costs incurred regardless of the contract. What will be the effect on pretax income if Studiers takes the special order?

A) $10.000 decrease
B) $10, 000 increase
C) $20, 000 increase
D) $20.000 decrease

2. The production process of a company s main product yields a by-product Production costs or $700,000 are incurred during this process and $300,000 m additional costs are incurred to finalize the main product. The by-product can be sold for $200 000 without further processing A manager proposed the conversion of the by-product into another product that would cost $100,000 and generate revenue of $250,000. When deciding on this proposal the company should

A) ignore the $200 000 sales revenue for the by-product because it Is irrelevant
B) select an approbate cost allocation method to allocate the $1 100 000 joint costs
C) treat the $100,000 conversion cost as the marginal cost 1o produce the new product
D) evaluate whether other nonfinancial factors outweigh the Si 50.000 in incremental income

3. Explain two potential benefits for Guda if it acquires Blue Moon.
Essay
Food Depot Ltd, (FDL) is a privately-held company that provides catering services to airlines and operates several restaurant chains including fast food, casual dining, and fine dining restaurants, FDL has been profitable in recent years and has a very strong cash position. FDL's newest division. Food_TO-Go is an online meal ordering and delivery platform acquired by FDL two year ago.
In 20X7, sales for the entire company were $1 billion, with 50% of the business coming from the Airline Catering division. FDL is the country 's leading airline catering services provider and control 60% of the market share. However, the outlook of the airline catering industry is gloomy. The compound annual growth rate of the industry for the past five years was only 0.5% as airline networks have increasingly dropped catering on short domestic flights.
The Food-To-division only contribution 5% of FDL's total sales in 20X7 and is far behind in competing for marketing for market share of the online meal ordering and delivery industry, it is estimated that Food-To-Go's sales were only 20% of the industry leader's sales. However, the outlook for the online meal ordering and delivery services industry is bright. The compound annual growth rate of the industry since it started three years ago was 50%. It is estimated the rapid growth of the industry will continue in the foreseeable future.
Susan Willey, the head of Food-To-Go, does not agree that the Airline Catering division is the best-performing division in the company. Wiley argues that ber division bad the highest ROI in 20X7, and it deserves more capital finding. FDL's requested rate of return is 12%. The selected financial data for the Airline Catering division and Food-To-Go division in 20X7 are as follow (in $ millions)

4. Company A is concerned with its debt status and interested in analyzing how each one of the following activities might affect its to equity ratio. Assuming each activity is independent, which one of following activities is

A) Acquiring a subsidiary and consolidating for year-end financial statements.
B) Purchase back some of its common stock during the year.
C) Creating a separate entity to purchase a needed machine and leasing it from this entity.
D) Changing its inventory method from LIFO to weighted average.

5. A corporation has $80 million in current assets comprised of $30 million in inventory and $50 million in cash and marketable securities it has current liabilities of $50 million. If the corporation purchases an additional $10 million in inventory with trade credit this would

A) not change its current ratio and decrease its quick ratio
B) not change its current ratio and not change its quick ratio
C) increase its current ratio and increase its quick ratio
D) decrease its current ratio and decrease its quick ratio

Solutions: