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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. ROI
TD/E
NI/Ave TE
Current Assets - Current Liabilities
EBIT/TA

2. Quick Ratio
Usage Rate*Lead Time + Safety Stock
OI/(OI-int exp-(pref stk/(1-tax))
EBIT/TA
Cash + Marketable Securites + Accounts Recievable/Current Liabilities

3. Dividend Yield
COGS/ Ave Inventory
Dividends per share/mkt price
Ops Cash Flow/CL
Standard Deviation/ Expected RR

4. A/R Turnover
Purchases/ Ave A/P
Cash + Marketable Securites + Accounts Recievable/Current Liabilities
ROE(1-div payout)
Credit Sales/ Ave A/R

5. mkt/book
Credit Sales/ Ave A/R
Dividend/EPS
NI/Ave TE
Market Price/Book Value

6. ROA
NI/Sales
NI/Ave TA
Cash + Marketable Securities/Current Liabilities
CA/CL

7. Total Asset TO
NI/Ave TE
Ave A/P / Credit Purch * 365
Net Sales/ Ave TA
ROE(1-div payout)

8. Cost of Carrying Safety Stock
Usage Rate*Lead Time + Safety Stock
EBIT/TA
Expected Stock Out Cost + Carrying Cost
NI/Ave TA Asset/Equity or ROA Financial Leverage

9. Coefficient of Variation
CA/CL
Dividends per share/mkt price
Standard Deviation/ Expected RR
TD/E

10. Debt to Equity
TD/E
NI/Ave TA Asset/Equity or ROA Financial Leverage
Market Price/Book Value
NI/Sales Sales/Ave TA or Net Profit Margin Asset TO

11. Current Ratio
CA/CL
Current Assets - Current Liabilities
ROE(1-div payout)
Net Sales/ Ave TA

12. Cash Cycle
F = Marginal Cost - D =Demand - C = Carrying Cost
Mkt Price/EPS
TD/E
Operating Cycle - Days Purch in payable

13. Days Sales in A/R
365/A/R TO
Standard Deviation/ Expected RR
Credit Sales/ Ave A/R
F = Marginal Cost - D =Demand - C = Carrying Cost

14. ROP UL + SS
NI/Sales Sales/Ave TA or Net Profit Margin Asset TO
Usage Rate*Lead Time + Safety Stock
CM/OI
Standard Deviation/ Expected RR

15. Inventory Turnover
NI/Sales
NI/Sales Sales/Ave TA or Net Profit Margin Asset TO
NI - pref dividends/weighted ave common shares
COGS/ Ave Inventory

16. P/E Ratio
OI/(OI-int exp-(pref stk/(1-tax))
Market Price/Book Value
Mkt Price/EPS
Ops Cash Flow/CL

17. Cash Ratio
Cash + Marketable Securities/Current Liabilities
Mkt Price/EPS
Expected Stock Out Cost + Carrying Cost
365/A/R TO

18. Days Purchased in AP
TD/E
Operating Cycle - Days Purch in payable
Ave A/P / Credit Purch * 365
NI/Ave TA

19. Net Working Capital Ratio
(CA-CL)/TA
Ave A/P / Credit Purch * 365
NI/Ave TE
CM/OI

20. Working Capital
TD/E
Current Assets - Current Liabilities
Sales in A/R + Days Sales in Inventory
365/Inv TO

21. Times Interest Earned
Dividend/EPS
NI/Ave TE
EBIT/Interest Expense
EPS/Mkt Price

22. ROE
EPS/Mkt Price
365/Inv TO
NI/Ave TE
OI/(OI-int exp-(pref stk/(1-tax))

23. Degree of Financial Leverage
Sales in A/R + Days Sales in Inventory
CA/CL
ROE(1-div payout)
OI/(OI-int exp-(pref stk/(1-tax))

24. Dupont ROA
ROE(1-div payout)
TD/TA
NI/Sales Sales/Ave TA or Net Profit Margin Asset TO
CA/CL

25. EOQ sqrt (2FD/C)
Purchases/ Ave A/P
OI/(OI-int exp-(pref stk/(1-tax))
F = Marginal Cost - D =Demand - C = Carrying Cost
NI/Ave TE

26. EPS
NI/Ave TA
EBIT/TA
NI - pref dividends/weighted ave common shares
Expected Stock Out Cost + Carrying Cost

27. A/P Turnover
Purchases/ Ave A/P
Net Sales/ Ave TA
F = Marginal Cost - D =Demand - C = Carrying Cost
NI/Sales Sales/Ave TA or Net Profit Margin Asset TO

28. Earnings Yield
EBIT/Interest Expense
Net Sales/ Ave TA
OI/(OI-int exp-(pref stk/(1-tax))
EPS/Mkt Price

29. Operating Cycle Days
NI/Sales Sales/Ave TA or Net Profit Margin Asset TO
Dividend/EPS
NI/Sales
Sales in A/R + Days Sales in Inventory

30. Dupont ROE
NI/Ave TA Asset/Equity or ROA Financial Leverage
Purchases/ Ave A/P
365/Inv TO
Market Price/Book Value

31. Net Profit Margin
Ops Cash Flow/CL
Current Assets - Current Liabilities
NI/Sales
COGS/ Ave Inventory

32. Sustainable Growth
ROE(1-div payout)
Dividends per share/mkt price
(TE - P.S Equity) / # common shares
COGS/ Ave Inventory

33. Degree of Operating Leverage
TD/TA
NI/Sales Sales/Ave TA or Net Profit Margin Asset TO
EBIT/Interest Expense
CM/OI

34. Dividend Payout Ratio
Net Sales/ Ave TA
EBIT/Interest Expense
TD/E
Dividend/EPS

35. Financial Leverage
Assets/Equity
Market Price/Book Value
ROE(1-div payout)
Cash + Marketable Securities/Current Liabilities

36. Cash Flow
Ops Cash Flow/CL
TD/TA
Mkt Price/EPS
ROE(1-div payout)

37. Book Value
Usage Rate*Lead Time + Safety Stock
CM/OI
ROE(1-div payout)
(TE - P.S Equity) / # common shares

38. Days Sales in Inventory
365/Inv TO
NI - pref dividends/weighted ave common shares
Current Assets - Current Liabilities
Dividend/EPS

39. Debt to TA
NI/Ave TA
NI/Ave TE
TD/TA
Sales in A/R + Days Sales in Inventory

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Certified Managerial Accountant Ratios

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