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. Cost of Carrying Safety Stock
NI/Sales Sales/Ave TA or Net Profit Margin Asset TO
Expected Stock Out Cost + Carrying Cost
Ave A/P / Credit Purch * 365
NI/Ave TA Asset/Equity or ROA Financial Leverage

2. Days Sales in A/R
365/A/R TO
Mkt Price/EPS
Credit Sales/ Ave A/R
Net Sales/ Ave TA

3. Net Working Capital Ratio
(CA-CL)/TA
Credit Sales/ Ave A/R
Sales in A/R + Days Sales in Inventory
365/A/R TO

4. Dividend Payout Ratio
Ave A/P / Credit Purch * 365
Dividend/EPS
EBIT/TA
COGS/ Ave Inventory

5. ROA
Current Assets - Current Liabilities
Usage Rate*Lead Time + Safety Stock
TD/E
NI/Ave TA

6. Dupont ROA
NI/Sales Sales/Ave TA or Net Profit Margin Asset TO
(CA-CL)/TA
EPS/Mkt Price
Operating Cycle - Days Purch in payable

7. Financial Leverage
Dividends per share/mkt price
NI/Ave TE
Assets/Equity
Credit Sales/ Ave A/R

8. Coefficient of Variation
Ops Cash Flow/CL
Standard Deviation/ Expected RR
Market Price/Book Value
365/Inv TO

9. Dividend Yield
Dividends per share/mkt price
Cash + Marketable Securities/Current Liabilities
NI - pref dividends/weighted ave common shares
CM/OI

10. Operating Cycle Days
Net Sales/ Ave TA
NI/Ave TA
Sales in A/R + Days Sales in Inventory
EBIT/Interest Expense

11. EOQ sqrt (2FD/C)
365/A/R TO
TD/TA
F = Marginal Cost - D =Demand - C = Carrying Cost
Net Sales/ Ave TA

12. A/P Turnover
(TE - P.S Equity) / # common shares
OI/(OI-int exp-(pref stk/(1-tax))
Purchases/ Ave A/P
ROE(1-div payout)

13. mkt/book
NI/Ave TA
Market Price/Book Value
(CA-CL)/TA
TD/E

14. Days Sales in Inventory
365/Inv TO
NI - pref dividends/weighted ave common shares
COGS/ Ave Inventory
Ave A/P / Credit Purch * 365

15. Earnings Yield
Ops Cash Flow/CL
EPS/Mkt Price
Expected Stock Out Cost + Carrying Cost
Sales in A/R + Days Sales in Inventory

16. ROP UL + SS
Sales in A/R + Days Sales in Inventory
365/A/R TO
Usage Rate*Lead Time + Safety Stock
Operating Cycle - Days Purch in payable

17. Total Asset TO
ROE(1-div payout)
(TE - P.S Equity) / # common shares
Dividend/EPS
Net Sales/ Ave TA

18. Current Ratio
Usage Rate*Lead Time + Safety Stock
CA/CL
COGS/ Ave Inventory
Ave A/P / Credit Purch * 365

19. Inventory Turnover
Cash + Marketable Securities/Current Liabilities
Assets/Equity
COGS/ Ave Inventory
NI/Ave TA

20. P/E Ratio
365/A/R TO
F = Marginal Cost - D =Demand - C = Carrying Cost
CA/CL
Mkt Price/EPS

21. A/R Turnover
Cash + Marketable Securites + Accounts Recievable/Current Liabilities
EBIT/Interest Expense
Credit Sales/ Ave A/R
ROE(1-div payout)

22. EPS
Credit Sales/ Ave A/R
365/A/R TO
ROE(1-div payout)
NI - pref dividends/weighted ave common shares

23. ROI
EBIT/TA
NI/Sales
F = Marginal Cost - D =Demand - C = Carrying Cost
ROE(1-div payout)

24. Debt to TA
TD/TA
Ops Cash Flow/CL
COGS/ Ave Inventory
NI/Ave TA Asset/Equity or ROA Financial Leverage

25. Quick Ratio
CA/CL
Assets/Equity
Cash + Marketable Securites + Accounts Recievable/Current Liabilities
Net Sales/ Ave TA

26. Days Purchased in AP
Market Price/Book Value
Net Sales/ Ave TA
(CA-CL)/TA
Ave A/P / Credit Purch * 365

27. Dupont ROE
CM/OI
TD/TA
Market Price/Book Value
NI/Ave TA Asset/Equity or ROA Financial Leverage

28. Cash Ratio
Ops Cash Flow/CL
Cash + Marketable Securities/Current Liabilities
CM/OI
NI - pref dividends/weighted ave common shares

29. Debt to Equity
TD/TA
Purchases/ Ave A/P
ROE(1-div payout)
TD/E

30. Net Profit Margin
OI/(OI-int exp-(pref stk/(1-tax))
ROE(1-div payout)
NI/Sales
Purchases/ Ave A/P

31. Cash Flow
(TE - P.S Equity) / # common shares
Ops Cash Flow/CL
Expected Stock Out Cost + Carrying Cost
COGS/ Ave Inventory

32. Times Interest Earned
EBIT/Interest Expense
Cash + Marketable Securites + Accounts Recievable/Current Liabilities
Sales in A/R + Days Sales in Inventory
Standard Deviation/ Expected RR

33. Working Capital
365/Inv TO
NI/Ave TE
Dividends per share/mkt price
Current Assets - Current Liabilities

34. Degree of Financial Leverage
Operating Cycle - Days Purch in payable
OI/(OI-int exp-(pref stk/(1-tax))
Current Assets - Current Liabilities
Ave A/P / Credit Purch * 365

35. Sustainable Growth
Cash + Marketable Securites + Accounts Recievable/Current Liabilities
ROE(1-div payout)
CA/CL
Purchases/ Ave A/P

36. ROE
Sales in A/R + Days Sales in Inventory
F = Marginal Cost - D =Demand - C = Carrying Cost
NI/Ave TE
Credit Sales/ Ave A/R

37. Cash Cycle
EBIT/Interest Expense
CA/CL
COGS/ Ave Inventory
Operating Cycle - Days Purch in payable

38. Book Value
Standard Deviation/ Expected RR
EPS/Mkt Price
Dividends per share/mkt price
(TE - P.S Equity) / # common shares

39. Degree of Operating Leverage
OI/(OI-int exp-(pref stk/(1-tax))
EBIT/TA
Ops Cash Flow/CL
CM/OI