Test your basic knowledge |

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. Dupont ROE
NI/Ave TA Asset/Equity or ROA Financial Leverage
F = Marginal Cost - D =Demand - C = Carrying Cost
Dividends per share/mkt price
365/Inv TO

2. Debt to TA
OI/(OI-int exp-(pref stk/(1-tax))
Market Price/Book Value
CM/OI
TD/TA

3. Dividend Yield
Dividends per share/mkt price
OI/(OI-int exp-(pref stk/(1-tax))
NI/Ave TE
Ops Cash Flow/CL

4. ROP UL + SS
Operating Cycle - Days Purch in payable
Usage Rate*Lead Time + Safety Stock
Mkt Price/EPS
COGS/ Ave Inventory

5. Current Ratio
Operating Cycle - Days Purch in payable
Ave A/P / Credit Purch * 365
CA/CL
NI/Ave TA Asset/Equity or ROA Financial Leverage

6. Net Profit Margin
TD/E
(CA-CL)/TA
NI/Sales
CM/OI

7. Total Asset TO
EBIT/Interest Expense
TD/TA
Assets/Equity
Net Sales/ Ave TA

8. Dupont ROA
NI/Sales Sales/Ave TA or Net Profit Margin Asset TO
Sales in A/R + Days Sales in Inventory
EBIT/Interest Expense
TD/E

9. Earnings Yield
Expected Stock Out Cost + Carrying Cost
(TE - P.S Equity) / # common shares
Cash + Marketable Securities/Current Liabilities
EPS/Mkt Price

10. Book Value
Dividends per share/mkt price
(TE - P.S Equity) / # common shares
(CA-CL)/TA
TD/TA

11. Net Working Capital Ratio
Current Assets - Current Liabilities
COGS/ Ave Inventory
Usage Rate*Lead Time + Safety Stock
(CA-CL)/TA

12. EOQ sqrt (2FD/C)
Market Price/Book Value
COGS/ Ave Inventory
F = Marginal Cost - D =Demand - C = Carrying Cost
Dividend/EPS

13. Times Interest Earned
365/A/R TO
Net Sales/ Ave TA
EBIT/Interest Expense
COGS/ Ave Inventory

14. Degree of Financial Leverage
OI/(OI-int exp-(pref stk/(1-tax))
Sales in A/R + Days Sales in Inventory
Expected Stock Out Cost + Carrying Cost
Market Price/Book Value

15. Days Sales in Inventory
TD/E
Mkt Price/EPS
365/Inv TO
OI/(OI-int exp-(pref stk/(1-tax))

16. EPS
CA/CL
Expected Stock Out Cost + Carrying Cost
NI - pref dividends/weighted ave common shares
(TE - P.S Equity) / # common shares

17. Cost of Carrying Safety Stock
365/Inv TO
Expected Stock Out Cost + Carrying Cost
NI/Sales
(CA-CL)/TA

18. ROI
(CA-CL)/TA
EBIT/TA
Ave A/P / Credit Purch * 365
COGS/ Ave Inventory

19. Sustainable Growth
ROE(1-div payout)
Credit Sales/ Ave A/R
NI/Ave TE
NI/Ave TA

20. Degree of Operating Leverage
CM/OI
EBIT/Interest Expense
Ave A/P / Credit Purch * 365
NI/Ave TA

21. Operating Cycle Days
Sales in A/R + Days Sales in Inventory
NI/Ave TA Asset/Equity or ROA Financial Leverage
365/Inv TO
NI/Ave TA

22. Working Capital
CA/CL
CM/OI
Current Assets - Current Liabilities
NI/Sales Sales/Ave TA or Net Profit Margin Asset TO

23. Cash Flow
ROE(1-div payout)
Ops Cash Flow/CL
NI/Sales
NI/Ave TA

24. Quick Ratio
Expected Stock Out Cost + Carrying Cost
CA/CL
Cash + Marketable Securites + Accounts Recievable/Current Liabilities
Purchases/ Ave A/P

25. A/R Turnover
NI/Sales Sales/Ave TA or Net Profit Margin Asset TO
Credit Sales/ Ave A/R
Dividend/EPS
Ave A/P / Credit Purch * 365

26. Debt to Equity
TD/E
Usage Rate*Lead Time + Safety Stock
CA/CL
Credit Sales/ Ave A/R

27. Inventory Turnover
NI/Sales Sales/Ave TA or Net Profit Margin Asset TO
F = Marginal Cost - D =Demand - C = Carrying Cost
Ops Cash Flow/CL
COGS/ Ave Inventory

28. Days Sales in A/R
365/A/R TO
CM/OI
ROE(1-div payout)
NI/Ave TA

29. Days Purchased in AP
Ave A/P / Credit Purch * 365
OI/(OI-int exp-(pref stk/(1-tax))
Ops Cash Flow/CL
Market Price/Book Value

30. ROE
TD/E
NI/Ave TE
Cash + Marketable Securities/Current Liabilities
TD/TA

31. mkt/book
Market Price/Book Value
Net Sales/ Ave TA
TD/E
365/A/R TO

32. ROA
NI/Ave TA
NI/Ave TE
Sales in A/R + Days Sales in Inventory
Mkt Price/EPS

33. Coefficient of Variation
Standard Deviation/ Expected RR
EBIT/Interest Expense
365/A/R TO
Cash + Marketable Securites + Accounts Recievable/Current Liabilities

34. A/P Turnover
Purchases/ Ave A/P
F = Marginal Cost - D =Demand - C = Carrying Cost
Dividends per share/mkt price
Mkt Price/EPS

35. Financial Leverage
Dividend/EPS
COGS/ Ave Inventory
Market Price/Book Value
Assets/Equity

36. Cash Cycle
Dividend/EPS
Ave A/P / Credit Purch * 365
NI/Sales
Operating Cycle - Days Purch in payable

37. Cash Ratio
Sales in A/R + Days Sales in Inventory
Cash + Marketable Securities/Current Liabilities
NI/Sales Sales/Ave TA or Net Profit Margin Asset TO
Assets/Equity

38. Dividend Payout Ratio
Dividend/EPS
Dividends per share/mkt price
F = Marginal Cost - D =Demand - C = Carrying Cost
Credit Sales/ Ave A/R

39. P/E Ratio
Purchases/ Ave A/P
Market Price/Book Value
CM/OI
Mkt Price/EPS