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