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Certified Managerial Accountant Ratios

Subjects : certifications, business-skills

Instructions:

Answer 39 questions in 15 minutes.
If you are not ready to take this test, you can study here.
Match each statement with the correct term.
Don't refresh. All questions and answers are randomly picked and ordered every time you load a test.

This is a study tool. The 3 wrong answers for each question are randomly chosen from answers to other questions. So, you might find at times the answers obvious, but you will see it re-enforces your understanding as you take the test each time.

1. ROP UL + SS
NI/Ave TA Asset/Equity or ROA Financial Leverage
Usage Rate*Lead Time + Safety Stock
Operating Cycle - Days Purch in payable
Purchases/ Ave A/P

2. Cash Flow
Sales in A/R + Days Sales in Inventory
Standard Deviation/ Expected RR
TD/E
Ops Cash Flow/CL

3. Days Purchased in AP
Ops Cash Flow/CL
EBIT/Interest Expense
Sales in A/R + Days Sales in Inventory
Ave A/P / Credit Purch * 365

4. Dividend Payout Ratio
EPS/Mkt Price
Dividend/EPS
NI/Ave TA Asset/Equity or ROA Financial Leverage
Ops Cash Flow/CL

5. Net Profit Margin
NI/Sales
Cash + Marketable Securities/Current Liabilities
EBIT/TA
Usage Rate*Lead Time + Safety Stock

6. Times Interest Earned
Sales in A/R + Days Sales in Inventory
COGS/ Ave Inventory
EBIT/TA
EBIT/Interest Expense

7. Net Working Capital Ratio
Purchases/ Ave A/P
Mkt Price/EPS
(CA-CL)/TA
Sales in A/R + Days Sales in Inventory

8. Days Sales in A/R
TD/E
CM/OI
EBIT/TA
365/A/R TO

9. Sustainable Growth
Sales in A/R + Days Sales in Inventory
Usage Rate*Lead Time + Safety Stock
ROE(1-div payout)
OI/(OI-int exp-(pref stk/(1-tax))

10. ROI
EBIT/TA
(CA-CL)/TA
Usage Rate*Lead Time + Safety Stock
Cash + Marketable Securites + Accounts Recievable/Current Liabilities

11. Dividend Yield
Current Assets - Current Liabilities
Dividends per share/mkt price
NI/Ave TA Asset/Equity or ROA Financial Leverage
Operating Cycle - Days Purch in payable

12. Cash Cycle
TD/TA
365/Inv TO
Operating Cycle - Days Purch in payable
Dividend/EPS

13. Quick Ratio
Cash + Marketable Securites + Accounts Recievable/Current Liabilities
Credit Sales/ Ave A/R
Dividend/EPS
Assets/Equity

14. Operating Cycle Days
CM/OI
Operating Cycle - Days Purch in payable
Sales in A/R + Days Sales in Inventory
Purchases/ Ave A/P

15. Current Ratio
CA/CL
EBIT/TA
(TE - P.S Equity) / # common shares
Net Sales/ Ave TA

16. A/R Turnover
Standard Deviation/ Expected RR
Ops Cash Flow/CL
NI/Sales Sales/Ave TA or Net Profit Margin Asset TO
Credit Sales/ Ave A/R

17. EOQ sqrt (2FD/C)
Standard Deviation/ Expected RR
NI - pref dividends/weighted ave common shares
Market Price/Book Value
F = Marginal Cost - D =Demand - C = Carrying Cost

18. Dupont ROE
Dividend/EPS
NI/Ave TA Asset/Equity or ROA Financial Leverage
365/A/R TO
Net Sales/ Ave TA

19. A/P Turnover
(CA-CL)/TA
F = Marginal Cost - D =Demand - C = Carrying Cost
EBIT/TA
Purchases/ Ave A/P

20. P/E Ratio
NI/Ave TA Asset/Equity or ROA Financial Leverage
EPS/Mkt Price
CA/CL
Mkt Price/EPS

21. Book Value
NI/Sales
(TE - P.S Equity) / # common shares
EPS/Mkt Price
Mkt Price/EPS

22. Debt to Equity
Sales in A/R + Days Sales in Inventory
EPS/Mkt Price
TD/E
Ops Cash Flow/CL

23. Cost of Carrying Safety Stock
EPS/Mkt Price
Expected Stock Out Cost + Carrying Cost
(CA-CL)/TA
CA/CL

24. Total Asset TO
TD/TA
Net Sales/ Ave TA
Current Assets - Current Liabilities
OI/(OI-int exp-(pref stk/(1-tax))

25. Financial Leverage
Net Sales/ Ave TA
NI/Sales
Assets/Equity
Market Price/Book Value

26. ROA
NI/Ave TA
(CA-CL)/TA
Ops Cash Flow/CL
Purchases/ Ave A/P

27. ROE
NI/Ave TE
365/Inv TO
TD/TA
CM/OI

28. mkt/book
NI/Sales Sales/Ave TA or Net Profit Margin Asset TO
Market Price/Book Value
Operating Cycle - Days Purch in payable
Dividends per share/mkt price

29. Cash Ratio
Expected Stock Out Cost + Carrying Cost
Cash + Marketable Securities/Current Liabilities
365/Inv TO
Assets/Equity

30. Inventory Turnover
NI/Ave TE
Cash + Marketable Securites + Accounts Recievable/Current Liabilities
COGS/ Ave Inventory
F = Marginal Cost - D =Demand - C = Carrying Cost

31. Dupont ROA
NI - pref dividends/weighted ave common shares
Market Price/Book Value
NI/Sales Sales/Ave TA or Net Profit Margin Asset TO
Expected Stock Out Cost + Carrying Cost

32. Days Sales in Inventory
365/Inv TO
EBIT/Interest Expense
Sales in A/R + Days Sales in Inventory
Operating Cycle - Days Purch in payable

33. Earnings Yield
F = Marginal Cost - D =Demand - C = Carrying Cost
EPS/Mkt Price
Standard Deviation/ Expected RR
TD/E

34. Degree of Operating Leverage
365/A/R TO
NI - pref dividends/weighted ave common shares
CM/OI
NI/Sales Sales/Ave TA or Net Profit Margin Asset TO

35. Debt to TA
NI - pref dividends/weighted ave common shares
Cash + Marketable Securities/Current Liabilities
TD/TA
EPS/Mkt Price

36. EPS
(TE - P.S Equity) / # common shares
CA/CL
NI - pref dividends/weighted ave common shares
Cash + Marketable Securities/Current Liabilities

37. Degree of Financial Leverage
OI/(OI-int exp-(pref stk/(1-tax))
NI/Ave TE
COGS/ Ave Inventory
Current Assets - Current Liabilities

38. Coefficient of Variation
Ave A/P / Credit Purch * 365
Standard Deviation/ Expected RR
Assets/Equity
NI/Ave TA Asset/Equity or ROA Financial Leverage

39. Working Capital
EPS/Mkt Price
TD/TA
CM/OI
Current Assets - Current Liabilities