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Test your basic knowledge |
Certified Managerial Accountant Ratios
Start Test
Study First
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. Operating Cycle Days
NI/Sales
Sales in A/R + Days Sales in Inventory
TD/TA
Cash + Marketable Securities/Current Liabilities
2. Degree of Financial Leverage
ROE(1-div payout)
CA/CL
OI/(OI-int exp-(pref stk/(1-tax))
Ops Cash Flow/CL
3. Cash Flow
Ops Cash Flow/CL
EPS/Mkt Price
COGS/ Ave Inventory
365/Inv TO
4. Dupont ROE
Cash + Marketable Securities/Current Liabilities
Mkt Price/EPS
NI/Ave TA Asset/Equity or ROA Financial Leverage
OI/(OI-int exp-(pref stk/(1-tax))
5. Net Profit Margin
Market Price/Book Value
CA/CL
COGS/ Ave Inventory
NI/Sales
6. Financial Leverage
NI/Sales
(CA-CL)/TA
Assets/Equity
COGS/ Ave Inventory
7. EOQ sqrt (2FD/C)
NI/Ave TE
TD/TA
Operating Cycle - Days Purch in payable
F = Marginal Cost - D =Demand - C = Carrying Cost
8. Days Sales in A/R
365/A/R TO
EBIT/TA
Mkt Price/EPS
Expected Stock Out Cost + Carrying Cost
9. Total Asset TO
Net Sales/ Ave TA
COGS/ Ave Inventory
NI/Sales Sales/Ave TA or Net Profit Margin Asset TO
TD/TA
10. Cost of Carrying Safety Stock
TD/E
365/Inv TO
ROE(1-div payout)
Expected Stock Out Cost + Carrying Cost
11. Working Capital
365/Inv TO
TD/TA
EBIT/Interest Expense
Current Assets - Current Liabilities
12. Days Purchased in AP
Mkt Price/EPS
Cash + Marketable Securities/Current Liabilities
Operating Cycle - Days Purch in payable
Ave A/P / Credit Purch * 365
13. ROP UL + SS
Standard Deviation/ Expected RR
(CA-CL)/TA
COGS/ Ave Inventory
Usage Rate*Lead Time + Safety Stock
14. ROE
Cash + Marketable Securites + Accounts Recievable/Current Liabilities
COGS/ Ave Inventory
NI/Ave TE
(CA-CL)/TA
15. Book Value
Assets/Equity
365/A/R TO
Dividends per share/mkt price
(TE - P.S Equity) / # common shares
16. A/R Turnover
OI/(OI-int exp-(pref stk/(1-tax))
TD/TA
Credit Sales/ Ave A/R
(CA-CL)/TA
17. Coefficient of Variation
Assets/Equity
EPS/Mkt Price
Standard Deviation/ Expected RR
COGS/ Ave Inventory
18. EPS
NI - pref dividends/weighted ave common shares
COGS/ Ave Inventory
EBIT/Interest Expense
(TE - P.S Equity) / # common shares
19. Days Sales in Inventory
Usage Rate*Lead Time + Safety Stock
Ave A/P / Credit Purch * 365
Mkt Price/EPS
365/Inv TO
20. ROA
NI/Ave TA
Dividends per share/mkt price
NI/Sales Sales/Ave TA or Net Profit Margin Asset TO
Ops Cash Flow/CL
21. Current Ratio
Standard Deviation/ Expected RR
Current Assets - Current Liabilities
CA/CL
COGS/ Ave Inventory
22. Debt to Equity
Usage Rate*Lead Time + Safety Stock
NI - pref dividends/weighted ave common shares
EBIT/Interest Expense
TD/E
23. P/E Ratio
Operating Cycle - Days Purch in payable
NI/Sales
Mkt Price/EPS
Expected Stock Out Cost + Carrying Cost
24. Dupont ROA
Purchases/ Ave A/P
NI/Sales Sales/Ave TA or Net Profit Margin Asset TO
Expected Stock Out Cost + Carrying Cost
(TE - P.S Equity) / # common shares
25. ROI
ROE(1-div payout)
EBIT/TA
NI/Ave TE
NI - pref dividends/weighted ave common shares
26. Debt to TA
Standard Deviation/ Expected RR
COGS/ Ave Inventory
CA/CL
TD/TA
27. Sustainable Growth
COGS/ Ave Inventory
Ops Cash Flow/CL
ROE(1-div payout)
Assets/Equity
28. Inventory Turnover
F = Marginal Cost - D =Demand - C = Carrying Cost
ROE(1-div payout)
COGS/ Ave Inventory
(TE - P.S Equity) / # common shares
29. Quick Ratio
Cash + Marketable Securites + Accounts Recievable/Current Liabilities
Expected Stock Out Cost + Carrying Cost
NI - pref dividends/weighted ave common shares
Mkt Price/EPS
30. mkt/book
NI/Sales
Market Price/Book Value
Cash + Marketable Securities/Current Liabilities
Usage Rate*Lead Time + Safety Stock
31. A/P Turnover
TD/E
CM/OI
NI - pref dividends/weighted ave common shares
Purchases/ Ave A/P
32. Cash Ratio
Standard Deviation/ Expected RR
Purchases/ Ave A/P
Cash + Marketable Securities/Current Liabilities
COGS/ Ave Inventory
33. Dividend Yield
365/Inv TO
EBIT/TA
Dividends per share/mkt price
CM/OI
34. Degree of Operating Leverage
(CA-CL)/TA
CM/OI
365/Inv TO
365/A/R TO
35. Earnings Yield
EPS/Mkt Price
Purchases/ Ave A/P
Ave A/P / Credit Purch * 365
TD/E
36. Dividend Payout Ratio
(TE - P.S Equity) / # common shares
NI/Ave TA Asset/Equity or ROA Financial Leverage
Dividend/EPS
CA/CL
37. Net Working Capital Ratio
CA/CL
EBIT/TA
365/Inv TO
(CA-CL)/TA
38. Times Interest Earned
Dividend/EPS
EBIT/Interest Expense
Standard Deviation/ Expected RR
(CA-CL)/TA
39. Cash Cycle
Operating Cycle - Days Purch in payable
Sales in A/R + Days Sales in Inventory
Mkt Price/EPS
Cash + Marketable Securities/Current Liabilities