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 Ratio
365/Inv TO
Cash + Marketable Securities/Current Liabilities
CM/OI
NI/Sales Sales/Ave TA or Net Profit Margin Asset TO

2. Cash Cycle
Current Assets - Current Liabilities
Sales in A/R + Days Sales in Inventory
Operating Cycle - Days Purch in payable
NI - pref dividends/weighted ave common shares

3. Book Value
(TE - P.S Equity) / # common shares
Purchases/ Ave A/P
COGS/ Ave Inventory
Net Sales/ Ave TA

4. Days Sales in A/R
NI/Ave TA
365/A/R TO
ROE(1-div payout)
EBIT/Interest Expense

5. Dupont ROA
NI/Sales Sales/Ave TA or Net Profit Margin Asset TO
NI/Ave TE
NI/Ave TA
Credit Sales/ Ave A/R

6. Times Interest Earned
Dividends per share/mkt price
(TE - P.S Equity) / # common shares
Net Sales/ Ave TA
EBIT/Interest Expense

7. EPS
Ave A/P / Credit Purch * 365
Usage Rate*Lead Time + Safety Stock
Credit Sales/ Ave A/R
NI - pref dividends/weighted ave common shares

8. Inventory Turnover
TD/E
Credit Sales/ Ave A/R
COGS/ Ave Inventory
NI - pref dividends/weighted ave common shares

9. Total Asset TO
EBIT/TA
Net Sales/ Ave TA
NI/Ave TA
CA/CL

10. Net Working Capital Ratio
F = Marginal Cost - D =Demand - C = Carrying Cost
(CA-CL)/TA
365/Inv TO
NI/Ave TA

11. Sustainable Growth
TD/E
ROE(1-div payout)
Operating Cycle - Days Purch in payable
Standard Deviation/ Expected RR

12. ROA
CM/OI
EBIT/Interest Expense
Cash + Marketable Securites + Accounts Recievable/Current Liabilities
NI/Ave TA

13. Operating Cycle Days
Sales in A/R + Days Sales in Inventory
TD/E
Dividends per share/mkt price
Standard Deviation/ Expected RR

14. A/R Turnover
CM/OI
Credit Sales/ Ave A/R
Operating Cycle - Days Purch in payable
Standard Deviation/ Expected RR

15. Earnings Yield
NI/Sales Sales/Ave TA or Net Profit Margin Asset TO
Ops Cash Flow/CL
EPS/Mkt Price
Assets/Equity

16. Cost of Carrying Safety Stock
Standard Deviation/ Expected RR
NI/Ave TA
Current Assets - Current Liabilities
Expected Stock Out Cost + Carrying Cost

17. Days Sales in Inventory
NI/Sales Sales/Ave TA or Net Profit Margin Asset TO
Dividend/EPS
(TE - P.S Equity) / # common shares
365/Inv TO

18. EOQ sqrt (2FD/C)
F = Marginal Cost - D =Demand - C = Carrying Cost
Net Sales/ Ave TA
ROE(1-div payout)
TD/TA

19. ROE
EPS/Mkt Price
NI/Ave TA
COGS/ Ave Inventory
NI/Ave TE

20. ROI
EBIT/TA
Operating Cycle - Days Purch in payable
Purchases/ Ave A/P
Dividend/EPS

21. mkt/book
(CA-CL)/TA
Cash + Marketable Securities/Current Liabilities
Market Price/Book Value
Usage Rate*Lead Time + Safety Stock

22. Degree of Financial Leverage
365/A/R TO
OI/(OI-int exp-(pref stk/(1-tax))
Operating Cycle - Days Purch in payable
NI/Ave TE

23. Cash Flow
EPS/Mkt Price
Ave A/P / Credit Purch * 365
Ops Cash Flow/CL
Assets/Equity

24. Net Profit Margin
NI/Ave TA Asset/Equity or ROA Financial Leverage
NI/Sales
365/Inv TO
Expected Stock Out Cost + Carrying Cost

25. Current Ratio
365/A/R TO
NI/Sales Sales/Ave TA or Net Profit Margin Asset TO
Operating Cycle - Days Purch in payable
CA/CL

26. P/E Ratio
365/A/R TO
Mkt Price/EPS
Market Price/Book Value
Purchases/ Ave A/P

27. Debt to Equity
Assets/Equity
Dividends per share/mkt price
TD/E
(TE - P.S Equity) / # common shares

28. Coefficient of Variation
Usage Rate*Lead Time + Safety Stock
EPS/Mkt Price
Current Assets - Current Liabilities
Standard Deviation/ Expected RR

29. ROP UL + SS
EPS/Mkt Price
Dividends per share/mkt price
365/Inv TO
Usage Rate*Lead Time + Safety Stock

30. Quick Ratio
Standard Deviation/ Expected RR
Dividends per share/mkt price
Cash + Marketable Securites + Accounts Recievable/Current Liabilities
Cash + Marketable Securities/Current Liabilities

31. Dividend Payout Ratio
Dividend/EPS
Mkt Price/EPS
Net Sales/ Ave TA
Credit Sales/ Ave A/R

32. Degree of Operating Leverage
CM/OI
EPS/Mkt Price
Purchases/ Ave A/P
Dividend/EPS

33. Days Purchased in AP
Mkt Price/EPS
Current Assets - Current Liabilities
Ave A/P / Credit Purch * 365
Credit Sales/ Ave A/R

34. Working Capital
TD/E
Current Assets - Current Liabilities
COGS/ Ave Inventory
Dividend/EPS

35. Debt to TA
Sales in A/R + Days Sales in Inventory
TD/TA
EBIT/TA
Dividends per share/mkt price

36. Financial Leverage
Credit Sales/ Ave A/R
Assets/Equity
Purchases/ Ave A/P
TD/TA

37. A/P Turnover
Dividend/EPS
Ops Cash Flow/CL
Purchases/ Ave A/P
NI/Ave TA Asset/Equity or ROA Financial Leverage

38. Dividend Yield
Standard Deviation/ Expected RR
Operating Cycle - Days Purch in payable
Dividends per share/mkt price
CA/CL

39. Dupont ROE
CA/CL
NI/Ave TA Asset/Equity or ROA Financial Leverage
EPS/Mkt Price
(CA-CL)/TA