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. Cash Cycle
Expected Stock Out Cost + Carrying Cost
ROE(1-div payout)
Operating Cycle - Days Purch in payable
Dividend/EPS

2. Debt to Equity
365/Inv TO
NI/Ave TA
TD/E
CA/CL

3. Cost of Carrying Safety Stock
EPS/Mkt Price
(CA-CL)/TA
Standard Deviation/ Expected RR
Expected Stock Out Cost + Carrying Cost

4. Debt to TA
TD/TA
Ops Cash Flow/CL
Operating Cycle - Days Purch in payable
Credit Sales/ Ave A/R

5. Net Working Capital Ratio
(CA-CL)/TA
NI/Ave TE
NI/Ave TA Asset/Equity or ROA Financial Leverage
NI - pref dividends/weighted ave common shares

6. Financial Leverage
ROE(1-div payout)
Current Assets - Current Liabilities
365/A/R TO
Assets/Equity

7. Days Sales in Inventory
365/Inv TO
Cash + Marketable Securites + Accounts Recievable/Current Liabilities
TD/TA
Sales in A/R + Days Sales in Inventory

8. Dividend Payout Ratio
Dividend/EPS
F = Marginal Cost - D =Demand - C = Carrying Cost
Current Assets - Current Liabilities
Dividends per share/mkt price

9. Operating Cycle Days
Sales in A/R + Days Sales in Inventory
Ave A/P / Credit Purch * 365
Market Price/Book Value
Expected Stock Out Cost + Carrying Cost

10. P/E Ratio
Purchases/ Ave A/P
Net Sales/ Ave TA
Usage Rate*Lead Time + Safety Stock
Mkt Price/EPS

11. Coefficient of Variation
NI/Sales Sales/Ave TA or Net Profit Margin Asset TO
Standard Deviation/ Expected RR
Dividends per share/mkt price
Ops Cash Flow/CL

12. ROE
NI/Ave TE
COGS/ Ave Inventory
Dividends per share/mkt price
Ops Cash Flow/CL

13. Degree of Financial Leverage
Purchases/ Ave A/P
Ops Cash Flow/CL
NI/Ave TA Asset/Equity or ROA Financial Leverage
OI/(OI-int exp-(pref stk/(1-tax))

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

15. Dupont ROE
NI/Ave TA Asset/Equity or ROA Financial Leverage
Current Assets - Current Liabilities
EPS/Mkt Price
Cash + Marketable Securities/Current Liabilities

16. Quick Ratio
NI/Ave TA
365/A/R TO
F = Marginal Cost - D =Demand - C = Carrying Cost
Cash + Marketable Securites + Accounts Recievable/Current Liabilities

17. Dividend Yield
NI/Sales Sales/Ave TA or Net Profit Margin Asset TO
Dividends per share/mkt price
Ops Cash Flow/CL
F = Marginal Cost - D =Demand - C = Carrying Cost

18. mkt/book
NI/Ave TE
Market Price/Book Value
Cash + Marketable Securities/Current Liabilities
NI/Sales

19. EOQ sqrt (2FD/C)
F = Marginal Cost - D =Demand - C = Carrying Cost
NI/Sales Sales/Ave TA or Net Profit Margin Asset TO
Expected Stock Out Cost + Carrying Cost
Usage Rate*Lead Time + Safety Stock

20. Net Profit Margin
CM/OI
EBIT/Interest Expense
NI/Sales
Net Sales/ Ave TA

21. ROI
Usage Rate*Lead Time + Safety Stock
Current Assets - Current Liabilities
EBIT/TA
Expected Stock Out Cost + Carrying Cost

22. Earnings Yield
Expected Stock Out Cost + Carrying Cost
(CA-CL)/TA
Cash + Marketable Securites + Accounts Recievable/Current Liabilities
EPS/Mkt Price

23. Working Capital
Current Assets - Current Liabilities
TD/E
CM/OI
NI/Sales

24. Dupont ROA
Usage Rate*Lead Time + Safety Stock
Cash + Marketable Securities/Current Liabilities
Ave A/P / Credit Purch * 365
NI/Sales Sales/Ave TA or Net Profit Margin Asset TO

25. A/P Turnover
Purchases/ Ave A/P
NI/Ave TA Asset/Equity or ROA Financial Leverage
(CA-CL)/TA
Current Assets - Current Liabilities

26. A/R Turnover
Credit Sales/ Ave A/R
(TE - P.S Equity) / # common shares
Purchases/ Ave A/P
NI/Ave TE

27. Days Sales in A/R
365/A/R TO
Cash + Marketable Securities/Current Liabilities
CA/CL
Dividends per share/mkt price

28. Book Value
(TE - P.S Equity) / # common shares
Cash + Marketable Securites + Accounts Recievable/Current Liabilities
EPS/Mkt Price
NI - pref dividends/weighted ave common shares

29. Total Asset TO
Credit Sales/ Ave A/R
TD/E
COGS/ Ave Inventory
Net Sales/ Ave TA

30. ROA
NI/Ave TA
COGS/ Ave Inventory
EBIT/Interest Expense
EBIT/TA

31. Current Ratio
365/Inv TO
Standard Deviation/ Expected RR
Ave A/P / Credit Purch * 365
CA/CL

32. Sustainable Growth
365/Inv TO
NI/Sales Sales/Ave TA or Net Profit Margin Asset TO
ROE(1-div payout)
CA/CL

33. Times Interest Earned
TD/E
Ave A/P / Credit Purch * 365
Cash + Marketable Securites + Accounts Recievable/Current Liabilities
EBIT/Interest Expense

34. Cash Ratio
Assets/Equity
Mkt Price/EPS
Cash + Marketable Securities/Current Liabilities
CA/CL

35. EPS
Sales in A/R + Days Sales in Inventory
OI/(OI-int exp-(pref stk/(1-tax))
CA/CL
NI - pref dividends/weighted ave common shares

36. Days Purchased in AP
TD/E
Mkt Price/EPS
Cash + Marketable Securities/Current Liabilities
Ave A/P / Credit Purch * 365

37. ROP UL + SS
Purchases/ Ave A/P
Cash + Marketable Securities/Current Liabilities
Usage Rate*Lead Time + Safety Stock
Dividend/EPS

38. Degree of Operating Leverage
TD/E
NI/Ave TA
(TE - P.S Equity) / # common shares
CM/OI

39. Cash Flow
Ops Cash Flow/CL
COGS/ Ave Inventory
NI/Sales
Usage Rate*Lead Time + Safety Stock