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

2. P/E Ratio
Credit Sales/ Ave A/R
Expected Stock Out Cost + Carrying Cost
NI/Sales
Mkt Price/EPS

3. Current Ratio
OI/(OI-int exp-(pref stk/(1-tax))
Dividends per share/mkt price
CA/CL
NI/Ave TA Asset/Equity or ROA Financial Leverage

4. Days Sales in A/R
365/A/R TO
Cash + Marketable Securities/Current Liabilities
EPS/Mkt Price
EBIT/Interest Expense

5. Times Interest Earned
Dividends per share/mkt price
Usage Rate*Lead Time + Safety Stock
EPS/Mkt Price
EBIT/Interest Expense

6. ROE
Market Price/Book Value
NI/Ave TE
TD/E
EPS/Mkt Price

7. EPS
NI - pref dividends/weighted ave common shares
Dividend/EPS
NI/Sales
Dividends per share/mkt price

8. Cash Cycle
Mkt Price/EPS
NI/Ave TE
Operating Cycle - Days Purch in payable
TD/TA

9. Coefficient of Variation
NI/Sales Sales/Ave TA or Net Profit Margin Asset TO
Dividends per share/mkt price
Standard Deviation/ Expected RR
Credit Sales/ Ave A/R

10. Working Capital
Current Assets - Current Liabilities
Mkt Price/EPS
Cash + Marketable Securities/Current Liabilities
365/Inv TO

11. Degree of Operating Leverage
(TE - P.S Equity) / # common shares
Current Assets - Current Liabilities
ROE(1-div payout)
CM/OI

12. Cash Flow
Ops Cash Flow/CL
CM/OI
Credit Sales/ Ave A/R
Assets/Equity

13. Cost of Carrying Safety Stock
(TE - P.S Equity) / # common shares
Operating Cycle - Days Purch in payable
CA/CL
Expected Stock Out Cost + Carrying Cost

14. ROP UL + SS
(TE - P.S Equity) / # common shares
Dividends per share/mkt price
Usage Rate*Lead Time + Safety Stock
Net Sales/ Ave TA

15. ROI
(CA-CL)/TA
(TE - P.S Equity) / # common shares
365/Inv TO
EBIT/TA

16. Inventory Turnover
COGS/ Ave Inventory
TD/TA
EPS/Mkt Price
EBIT/Interest Expense

17. Dupont ROE
COGS/ Ave Inventory
365/Inv TO
(CA-CL)/TA
NI/Ave TA Asset/Equity or ROA Financial Leverage

18. EOQ sqrt (2FD/C)
F = Marginal Cost - D =Demand - C = Carrying Cost
365/Inv TO
OI/(OI-int exp-(pref stk/(1-tax))
TD/E

19. Net Profit Margin
NI/Sales
Sales in A/R + Days Sales in Inventory
365/Inv TO
EBIT/TA

20. Debt to TA
NI - pref dividends/weighted ave common shares
TD/TA
NI/Ave TA Asset/Equity or ROA Financial Leverage
Dividends per share/mkt price

21. Dupont ROA
Credit Sales/ Ave A/R
NI/Sales Sales/Ave TA or Net Profit Margin Asset TO
Net Sales/ Ave TA
EBIT/Interest Expense

22. Days Sales in Inventory
Ave A/P / Credit Purch * 365
(TE - P.S Equity) / # common shares
EBIT/TA
365/Inv TO

23. Quick Ratio
(CA-CL)/TA
NI/Ave TA Asset/Equity or ROA Financial Leverage
Mkt Price/EPS
Cash + Marketable Securites + Accounts Recievable/Current Liabilities

24. Days Purchased in AP
TD/TA
Ave A/P / Credit Purch * 365
Net Sales/ Ave TA
CA/CL

25. Cash Ratio
Assets/Equity
NI/Sales Sales/Ave TA or Net Profit Margin Asset TO
Cash + Marketable Securities/Current Liabilities
Market Price/Book Value

26. Operating Cycle Days
Market Price/Book Value
Mkt Price/EPS
EBIT/TA
Sales in A/R + Days Sales in Inventory

27. Dividend Payout Ratio
NI/Ave TA Asset/Equity or ROA Financial Leverage
Operating Cycle - Days Purch in payable
Dividend/EPS
NI/Ave TE

28. mkt/book
Market Price/Book Value
EBIT/TA
Ave A/P / Credit Purch * 365
Net Sales/ Ave TA

29. Net Working Capital Ratio
(CA-CL)/TA
OI/(OI-int exp-(pref stk/(1-tax))
TD/TA
NI/Sales

30. ROA
TD/TA
CM/OI
Net Sales/ Ave TA
NI/Ave TA

31. A/P Turnover
Credit Sales/ Ave A/R
Purchases/ Ave A/P
EBIT/TA
OI/(OI-int exp-(pref stk/(1-tax))

32. Book Value
(TE - P.S Equity) / # common shares
365/Inv TO
NI/Ave TA Asset/Equity or ROA Financial Leverage
Usage Rate*Lead Time + Safety Stock

33. Dividend Yield
TD/TA
NI - pref dividends/weighted ave common shares
EBIT/TA
Dividends per share/mkt price

34. Sustainable Growth
Current Assets - Current Liabilities
Ops Cash Flow/CL
ROE(1-div payout)
Standard Deviation/ Expected RR

35. Earnings Yield
NI/Ave TA
Cash + Marketable Securites + Accounts Recievable/Current Liabilities
Market Price/Book Value
EPS/Mkt Price

36. Financial Leverage
Mkt Price/EPS
(TE - P.S Equity) / # common shares
NI/Sales Sales/Ave TA or Net Profit Margin Asset TO
Assets/Equity

37. Total Asset TO
NI/Sales Sales/Ave TA or Net Profit Margin Asset TO
TD/E
Net Sales/ Ave TA
Usage Rate*Lead Time + Safety Stock

38. Debt to Equity
ROE(1-div payout)
Dividends per share/mkt price
TD/E
Credit Sales/ Ave A/R

39. Degree of Financial Leverage
NI/Ave TE
Usage Rate*Lead Time + Safety Stock
NI - pref dividends/weighted ave common shares
OI/(OI-int exp-(pref stk/(1-tax))