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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. ROA
Dividend/EPS
EBIT/TA
NI/Sales Sales/Ave TA or Net Profit Margin Asset TO
NI/Ave TA

2. Book Value
Standard Deviation/ Expected RR
Dividend/EPS
EBIT/TA
(TE - P.S Equity) / # common shares

3. Dupont ROA
NI/Sales Sales/Ave TA or Net Profit Margin Asset TO
EBIT/TA
Cash + Marketable Securities/Current Liabilities
Standard Deviation/ Expected RR

4. Current Ratio
NI/Ave TA
TD/TA
CA/CL
Operating Cycle - Days Purch in payable

5. mkt/book
NI - pref dividends/weighted ave common shares
Market Price/Book Value
Current Assets - Current Liabilities
OI/(OI-int exp-(pref stk/(1-tax))

6. Days Sales in Inventory
Purchases/ Ave A/P
Market Price/Book Value
NI/Sales Sales/Ave TA or Net Profit Margin Asset TO
365/Inv TO

7. Working Capital
NI - pref dividends/weighted ave common shares
Current Assets - Current Liabilities
Usage Rate*Lead Time + Safety Stock
Sales in A/R + Days Sales in Inventory

8. Days Purchased in AP
Current Assets - Current Liabilities
TD/E
Ave A/P / Credit Purch * 365
Standard Deviation/ Expected RR

9. A/R Turnover
NI/Ave TE
Usage Rate*Lead Time + Safety Stock
Credit Sales/ Ave A/R
NI/Sales

10. Dividend Yield
EBIT/TA
Usage Rate*Lead Time + Safety Stock
Dividends per share/mkt price
Purchases/ Ave A/P

11. Debt to Equity
TD/E
Ave A/P / Credit Purch * 365
Standard Deviation/ Expected RR
Credit Sales/ Ave A/R

12. Cash Ratio
NI/Sales
Cash + Marketable Securities/Current Liabilities
F = Marginal Cost - D =Demand - C = Carrying Cost
(TE - P.S Equity) / # common shares

13. Inventory Turnover
Mkt Price/EPS
F = Marginal Cost - D =Demand - C = Carrying Cost
COGS/ Ave Inventory
Dividends per share/mkt price

14. A/P Turnover
TD/E
Purchases/ Ave A/P
Ops Cash Flow/CL
Expected Stock Out Cost + Carrying Cost

15. EPS
Expected Stock Out Cost + Carrying Cost
NI/Ave TA Asset/Equity or ROA Financial Leverage
Purchases/ Ave A/P
NI - pref dividends/weighted ave common shares

16. P/E Ratio
Cash + Marketable Securities/Current Liabilities
NI - pref dividends/weighted ave common shares
Mkt Price/EPS
Usage Rate*Lead Time + Safety Stock

17. Coefficient of Variation
Standard Deviation/ Expected RR
OI/(OI-int exp-(pref stk/(1-tax))
NI/Ave TE
TD/E

18. Sustainable Growth
Dividend/EPS
ROE(1-div payout)
Cash + Marketable Securites + Accounts Recievable/Current Liabilities
Usage Rate*Lead Time + Safety Stock

19. Earnings Yield
NI/Ave TA
Cash + Marketable Securites + Accounts Recievable/Current Liabilities
EBIT/TA
EPS/Mkt Price

20. Dividend Payout Ratio
(TE - P.S Equity) / # common shares
Cash + Marketable Securites + Accounts Recievable/Current Liabilities
Standard Deviation/ Expected RR
Dividend/EPS

21. EOQ sqrt (2FD/C)
Sales in A/R + Days Sales in Inventory
F = Marginal Cost - D =Demand - C = Carrying Cost
Purchases/ Ave A/P
CA/CL

22. Cash Cycle
NI/Ave TE
Ave A/P / Credit Purch * 365
Operating Cycle - Days Purch in payable
Current Assets - Current Liabilities

23. Days Sales in A/R
NI/Sales Sales/Ave TA or Net Profit Margin Asset TO
365/A/R TO
NI - pref dividends/weighted ave common shares
F = Marginal Cost - D =Demand - C = Carrying Cost

24. Dupont ROE
NI/Ave TA Asset/Equity or ROA Financial Leverage
NI/Ave TE
(TE - P.S Equity) / # common shares
Assets/Equity

25. Cost of Carrying Safety Stock
Expected Stock Out Cost + Carrying Cost
Usage Rate*Lead Time + Safety Stock
Current Assets - Current Liabilities
Cash + Marketable Securites + Accounts Recievable/Current Liabilities

26. Degree of Financial Leverage
OI/(OI-int exp-(pref stk/(1-tax))
Usage Rate*Lead Time + Safety Stock
Standard Deviation/ Expected RR
Operating Cycle - Days Purch in payable

27. Financial Leverage
(CA-CL)/TA
Assets/Equity
CA/CL
EPS/Mkt Price

28. Degree of Operating Leverage
Ops Cash Flow/CL
Dividend/EPS
Current Assets - Current Liabilities
CM/OI

29. Times Interest Earned
365/A/R TO
OI/(OI-int exp-(pref stk/(1-tax))
Net Sales/ Ave TA
EBIT/Interest Expense

30. Net Profit Margin
Operating Cycle - Days Purch in payable
Net Sales/ Ave TA
NI/Sales
Sales in A/R + Days Sales in Inventory

31. Total Asset TO
Net Sales/ Ave TA
Expected Stock Out Cost + Carrying Cost
Ave A/P / Credit Purch * 365
Standard Deviation/ Expected RR

32. ROE
NI/Ave TE
Cash + Marketable Securities/Current Liabilities
Standard Deviation/ Expected RR
COGS/ Ave Inventory

33. Net Working Capital Ratio
NI/Sales Sales/Ave TA or Net Profit Margin Asset TO
Assets/Equity
Dividend/EPS
(CA-CL)/TA

34. ROI
Ave A/P / Credit Purch * 365
CM/OI
365/Inv TO
EBIT/TA

35. Debt to TA
CA/CL
(TE - P.S Equity) / # common shares
TD/TA
Dividend/EPS

36. Operating Cycle Days
365/A/R TO
NI/Sales Sales/Ave TA or Net Profit Margin Asset TO
Sales in A/R + Days Sales in Inventory
Standard Deviation/ Expected RR

37. ROP UL + SS
Ave A/P / Credit Purch * 365
Net Sales/ Ave TA
Current Assets - Current Liabilities
Usage Rate*Lead Time + Safety Stock

38. Quick Ratio
CM/OI
NI/Sales
F = Marginal Cost - D =Demand - C = Carrying Cost
Cash + Marketable Securites + Accounts Recievable/Current Liabilities

39. Cash Flow
ROE(1-div payout)
Dividend/EPS
Ops Cash Flow/CL
Cash + Marketable Securites + Accounts Recievable/Current Liabilities