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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. Sustainable Growth
EPS/Mkt Price
F = Marginal Cost - D =Demand - C = Carrying Cost
Dividends per share/mkt price
ROE(1-div payout)

2. EOQ sqrt (2FD/C)
F = Marginal Cost - D =Demand - C = Carrying Cost
EPS/Mkt Price
NI - pref dividends/weighted ave common shares
CA/CL

3. Total Asset TO
Net Sales/ Ave TA
(TE - P.S Equity) / # common shares
EPS/Mkt Price
TD/TA

4. Cost of Carrying Safety Stock
NI/Sales
Expected Stock Out Cost + Carrying Cost
Dividend/EPS
Usage Rate*Lead Time + Safety Stock

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

6. Dupont ROE
365/Inv TO
Cash + Marketable Securites + Accounts Recievable/Current Liabilities
NI/Ave TA Asset/Equity or ROA Financial Leverage
Purchases/ Ave A/P

7. Cash Ratio
Cash + Marketable Securities/Current Liabilities
Purchases/ Ave A/P
ROE(1-div payout)
Operating Cycle - Days Purch in payable

8. Cash Flow
Cash + Marketable Securites + Accounts Recievable/Current Liabilities
Current Assets - Current Liabilities
NI - pref dividends/weighted ave common shares
Ops Cash Flow/CL

9. ROP UL + SS
Assets/Equity
TD/TA
Standard Deviation/ Expected RR
Usage Rate*Lead Time + Safety Stock

10. A/R Turnover
Usage Rate*Lead Time + Safety Stock
Cash + Marketable Securites + Accounts Recievable/Current Liabilities
Dividends per share/mkt price
Credit Sales/ Ave A/R

11. Days Sales in Inventory
365/Inv TO
Dividend/EPS
365/A/R TO
CA/CL

12. Coefficient of Variation
Standard Deviation/ Expected RR
COGS/ Ave Inventory
OI/(OI-int exp-(pref stk/(1-tax))
Purchases/ Ave A/P

13. Financial Leverage
TD/E
Assets/Equity
Operating Cycle - Days Purch in payable
NI/Ave TE

14. EPS
NI - pref dividends/weighted ave common shares
(TE - P.S Equity) / # common shares
Standard Deviation/ Expected RR
ROE(1-div payout)

15. P/E Ratio
Net Sales/ Ave TA
F = Marginal Cost - D =Demand - C = Carrying Cost
NI/Ave TE
Mkt Price/EPS

16. Working Capital
F = Marginal Cost - D =Demand - C = Carrying Cost
Sales in A/R + Days Sales in Inventory
Assets/Equity
Current Assets - Current Liabilities

17. Days Purchased in AP
EBIT/TA
Ave A/P / Credit Purch * 365
EPS/Mkt Price
Market Price/Book Value

18. Dividend Yield
Dividends per share/mkt price
Cash + Marketable Securites + Accounts Recievable/Current Liabilities
Standard Deviation/ Expected RR
365/A/R TO

19. Operating Cycle Days
Ave A/P / Credit Purch * 365
Sales in A/R + Days Sales in Inventory
CM/OI
ROE(1-div payout)

20. mkt/book
F = Marginal Cost - D =Demand - C = Carrying Cost
Market Price/Book Value
TD/E
NI/Sales

21. Debt to TA
Standard Deviation/ Expected RR
Net Sales/ Ave TA
TD/TA
Ave A/P / Credit Purch * 365

22. Current Ratio
CM/OI
365/A/R TO
NI/Ave TA
CA/CL

23. Quick Ratio
Cash + Marketable Securites + Accounts Recievable/Current Liabilities
Expected Stock Out Cost + Carrying Cost
Cash + Marketable Securities/Current Liabilities
NI/Ave TE

24. Cash Cycle
Operating Cycle - Days Purch in payable
TD/TA
Current Assets - Current Liabilities
NI/Ave TA Asset/Equity or ROA Financial Leverage

25. ROA
Mkt Price/EPS
CM/OI
Ops Cash Flow/CL
NI/Ave TA

26. Net Working Capital Ratio
COGS/ Ave Inventory
(CA-CL)/TA
F = Marginal Cost - D =Demand - C = Carrying Cost
Net Sales/ Ave TA

27. Degree of Operating Leverage
(TE - P.S Equity) / # common shares
(CA-CL)/TA
CM/OI
365/Inv TO

28. Book Value
COGS/ Ave Inventory
(TE - P.S Equity) / # common shares
Cash + Marketable Securites + Accounts Recievable/Current Liabilities
F = Marginal Cost - D =Demand - C = Carrying Cost

29. Debt to Equity
EPS/Mkt Price
TD/E
Cash + Marketable Securites + Accounts Recievable/Current Liabilities
EBIT/TA

30. Net Profit Margin
Cash + Marketable Securites + Accounts Recievable/Current Liabilities
Net Sales/ Ave TA
NI/Sales
Assets/Equity

31. Times Interest Earned
Expected Stock Out Cost + Carrying Cost
Ops Cash Flow/CL
Dividend/EPS
EBIT/Interest Expense

32. Dupont ROA
Ops Cash Flow/CL
Credit Sales/ Ave A/R
NI/Sales Sales/Ave TA or Net Profit Margin Asset TO
(TE - P.S Equity) / # common shares

33. Degree of Financial Leverage
F = Marginal Cost - D =Demand - C = Carrying Cost
(CA-CL)/TA
Credit Sales/ Ave A/R
OI/(OI-int exp-(pref stk/(1-tax))

34. Dividend Payout Ratio
Net Sales/ Ave TA
Dividend/EPS
365/A/R TO
Purchases/ Ave A/P

35. Earnings Yield
Dividends per share/mkt price
Credit Sales/ Ave A/R
NI/Sales Sales/Ave TA or Net Profit Margin Asset TO
EPS/Mkt Price

36. Inventory Turnover
COGS/ Ave Inventory
Usage Rate*Lead Time + Safety Stock
Purchases/ Ave A/P
(CA-CL)/TA

37. Days Sales in A/R
Cash + Marketable Securites + Accounts Recievable/Current Liabilities
365/A/R TO
TD/TA
Operating Cycle - Days Purch in payable

38. ROE
Net Sales/ Ave TA
(TE - P.S Equity) / # common shares
NI/Ave TE
NI/Ave TA Asset/Equity or ROA Financial Leverage

39. A/P Turnover
EBIT/Interest Expense
Ave A/P / Credit Purch * 365
Purchases/ Ave A/P
Current Assets - Current Liabilities