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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. Quick Ratio
Cash + Marketable Securites + Accounts Recievable/Current Liabilities
Expected Stock Out Cost + Carrying Cost
365/A/R TO
Market Price/Book Value

2. Current Ratio
CA/CL
NI/Sales Sales/Ave TA or Net Profit Margin Asset TO
NI/Ave TE
Expected Stock Out Cost + Carrying Cost

3. Cost of Carrying Safety Stock
365/Inv TO
Expected Stock Out Cost + Carrying Cost
NI/Sales Sales/Ave TA or Net Profit Margin Asset TO
NI - pref dividends/weighted ave common shares

4. Working Capital
Standard Deviation/ Expected RR
Current Assets - Current Liabilities
(TE - P.S Equity) / # common shares
365/A/R TO

5. mkt/book
F = Marginal Cost - D =Demand - C = Carrying Cost
Dividends per share/mkt price
Sales in A/R + Days Sales in Inventory
Market Price/Book Value

6. Total Asset TO
NI/Sales Sales/Ave TA or Net Profit Margin Asset TO
Net Sales/ Ave TA
CA/CL
NI/Ave TA Asset/Equity or ROA Financial Leverage

7. Dupont ROE
EPS/Mkt Price
NI/Ave TA Asset/Equity or ROA Financial Leverage
Current Assets - Current Liabilities
Operating Cycle - Days Purch in payable

8. Days Sales in A/R
Cash + Marketable Securities/Current Liabilities
365/A/R TO
Cash + Marketable Securites + Accounts Recievable/Current Liabilities
Ops Cash Flow/CL

9. Days Purchased in AP
Usage Rate*Lead Time + Safety Stock
365/A/R TO
Ave A/P / Credit Purch * 365
NI/Sales

10. Operating Cycle Days
Market Price/Book Value
EBIT/Interest Expense
Sales in A/R + Days Sales in Inventory
NI/Ave TA Asset/Equity or ROA Financial Leverage

11. Degree of Operating Leverage
NI/Ave TE
Dividend/EPS
OI/(OI-int exp-(pref stk/(1-tax))
CM/OI

12. EOQ sqrt (2FD/C)
Sales in A/R + Days Sales in Inventory
NI/Sales
F = Marginal Cost - D =Demand - C = Carrying Cost
Dividends per share/mkt price

13. Financial Leverage
Assets/Equity
OI/(OI-int exp-(pref stk/(1-tax))
COGS/ Ave Inventory
EBIT/Interest Expense

14. Net Profit Margin
Operating Cycle - Days Purch in payable
NI/Sales
OI/(OI-int exp-(pref stk/(1-tax))
COGS/ Ave Inventory

15. Book Value
(TE - P.S Equity) / # common shares
CM/OI
Ave A/P / Credit Purch * 365
Market Price/Book Value

16. Degree of Financial Leverage
OI/(OI-int exp-(pref stk/(1-tax))
CM/OI
CA/CL
Purchases/ Ave A/P

17. Dividend Yield
TD/E
Operating Cycle - Days Purch in payable
Dividends per share/mkt price
Credit Sales/ Ave A/R

18. Times Interest Earned
TD/TA
Dividends per share/mkt price
EBIT/Interest Expense
Net Sales/ Ave TA

19. Dividend Payout Ratio
365/A/R TO
F = Marginal Cost - D =Demand - C = Carrying Cost
(CA-CL)/TA
Dividend/EPS

20. Coefficient of Variation
365/Inv TO
Standard Deviation/ Expected RR
NI/Sales
Net Sales/ Ave TA

21. EPS
Sales in A/R + Days Sales in Inventory
Standard Deviation/ Expected RR
CM/OI
NI - pref dividends/weighted ave common shares

22. Cash Cycle
365/A/R TO
Operating Cycle - Days Purch in payable
Assets/Equity
CM/OI

23. Dupont ROA
OI/(OI-int exp-(pref stk/(1-tax))
NI/Sales Sales/Ave TA or Net Profit Margin Asset TO
365/Inv TO
NI/Ave TE

24. ROP UL + SS
NI/Ave TE
Assets/Equity
Usage Rate*Lead Time + Safety Stock
Cash + Marketable Securites + Accounts Recievable/Current Liabilities

25. Earnings Yield
Usage Rate*Lead Time + Safety Stock
(CA-CL)/TA
EPS/Mkt Price
ROE(1-div payout)

26. Sustainable Growth
ROE(1-div payout)
Operating Cycle - Days Purch in payable
Cash + Marketable Securites + Accounts Recievable/Current Liabilities
Dividends per share/mkt price

27. Debt to TA
Market Price/Book Value
Mkt Price/EPS
TD/TA
(TE - P.S Equity) / # common shares

28. Cash Flow
(CA-CL)/TA
Usage Rate*Lead Time + Safety Stock
Market Price/Book Value
Ops Cash Flow/CL

29. Inventory Turnover
Net Sales/ Ave TA
COGS/ Ave Inventory
Dividends per share/mkt price
Operating Cycle - Days Purch in payable

30. Net Working Capital Ratio
Expected Stock Out Cost + Carrying Cost
EBIT/Interest Expense
(CA-CL)/TA
Cash + Marketable Securities/Current Liabilities

31. ROI
CM/OI
EBIT/TA
NI - pref dividends/weighted ave common shares
OI/(OI-int exp-(pref stk/(1-tax))

32. Days Sales in Inventory
Cash + Marketable Securities/Current Liabilities
365/Inv TO
Ave A/P / Credit Purch * 365
CA/CL

33. Debt to Equity
NI - pref dividends/weighted ave common shares
Purchases/ Ave A/P
Credit Sales/ Ave A/R
TD/E

34. P/E Ratio
Mkt Price/EPS
Net Sales/ Ave TA
Dividends per share/mkt price
Market Price/Book Value

35. Cash Ratio
EBIT/TA
Cash + Marketable Securities/Current Liabilities
Purchases/ Ave A/P
Assets/Equity

36. ROE
ROE(1-div payout)
Market Price/Book Value
NI/Ave TE
CA/CL

37. A/P Turnover
(TE - P.S Equity) / # common shares
Purchases/ Ave A/P
Sales in A/R + Days Sales in Inventory
NI/Ave TE

38. ROA
TD/E
Dividends per share/mkt price
NI/Ave TA
Expected Stock Out Cost + Carrying Cost

39. A/R Turnover
Dividends per share/mkt price
Credit Sales/ Ave A/R
CM/OI
Ave A/P / Credit Purch * 365