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. Cost of Carrying Safety Stock
Current Assets - Current Liabilities
NI/Sales Sales/Ave TA or Net Profit Margin Asset TO
Expected Stock Out Cost + Carrying Cost
365/A/R TO

2. Financial Leverage
NI - pref dividends/weighted ave common shares
Assets/Equity
NI/Ave TA
365/Inv TO

3. Days Purchased in AP
Ave A/P / Credit Purch * 365
F = Marginal Cost - D =Demand - C = Carrying Cost
CM/OI
Usage Rate*Lead Time + Safety Stock

4. Debt to TA
TD/TA
NI - pref dividends/weighted ave common shares
COGS/ Ave Inventory
Operating Cycle - Days Purch in payable

5. Inventory Turnover
COGS/ Ave Inventory
OI/(OI-int exp-(pref stk/(1-tax))
NI/Ave TA
NI/Ave TE

6. Net Working Capital Ratio
Current Assets - Current Liabilities
Assets/Equity
(CA-CL)/TA
Mkt Price/EPS

7. Debt to Equity
Sales in A/R + Days Sales in Inventory
NI - pref dividends/weighted ave common shares
EBIT/TA
TD/E

8. Net Profit Margin
(TE - P.S Equity) / # common shares
Cash + Marketable Securities/Current Liabilities
Ops Cash Flow/CL
NI/Sales

9. A/P Turnover
Purchases/ Ave A/P
Ave A/P / Credit Purch * 365
(TE - P.S Equity) / # common shares
Cash + Marketable Securities/Current Liabilities

10. Dividend Yield
TD/E
Dividends per share/mkt price
Operating Cycle - Days Purch in payable
Usage Rate*Lead Time + Safety Stock

11. ROA
Dividends per share/mkt price
Cash + Marketable Securites + Accounts Recievable/Current Liabilities
NI/Sales
NI/Ave TA

12. A/R Turnover
Assets/Equity
Expected Stock Out Cost + Carrying Cost
Credit Sales/ Ave A/R
Cash + Marketable Securities/Current Liabilities

13. Dupont ROE
(TE - P.S Equity) / # common shares
EBIT/TA
CM/OI
NI/Ave TA Asset/Equity or ROA Financial Leverage

14. Dupont ROA
NI/Sales
Purchases/ Ave A/P
NI/Sales Sales/Ave TA or Net Profit Margin Asset TO
Cash + Marketable Securities/Current Liabilities

15. mkt/book
CM/OI
TD/E
Net Sales/ Ave TA
Market Price/Book Value

16. Total Asset TO
Net Sales/ Ave TA
NI/Sales Sales/Ave TA or Net Profit Margin Asset TO
Current Assets - Current Liabilities
NI - pref dividends/weighted ave common shares

17. Degree of Operating Leverage
Ave A/P / Credit Purch * 365
COGS/ Ave Inventory
EBIT/Interest Expense
CM/OI

18. Times Interest Earned
EBIT/Interest Expense
CA/CL
COGS/ Ave Inventory
Market Price/Book Value

19. ROI
365/A/R TO
EPS/Mkt Price
ROE(1-div payout)
EBIT/TA

20. Coefficient of Variation
Standard Deviation/ Expected RR
365/A/R TO
Assets/Equity
CM/OI

21. Cash Cycle
Operating Cycle - Days Purch in payable
NI/Sales
Expected Stock Out Cost + Carrying Cost
(TE - P.S Equity) / # common shares

22. Days Sales in Inventory
365/Inv TO
Mkt Price/EPS
Operating Cycle - Days Purch in payable
TD/E

23. Current Ratio
NI/Ave TE
Operating Cycle - Days Purch in payable
CA/CL
Assets/Equity

24. Earnings Yield
NI - pref dividends/weighted ave common shares
EPS/Mkt Price
Market Price/Book Value
Dividends per share/mkt price

25. ROE
COGS/ Ave Inventory
(TE - P.S Equity) / # common shares
365/A/R TO
NI/Ave TE

26. ROP UL + SS
NI/Sales
Cash + Marketable Securites + Accounts Recievable/Current Liabilities
EBIT/TA
Usage Rate*Lead Time + Safety Stock

27. Operating Cycle Days
NI/Sales
Sales in A/R + Days Sales in Inventory
EBIT/TA
Net Sales/ Ave TA

28. Degree of Financial Leverage
COGS/ Ave Inventory
Expected Stock Out Cost + Carrying Cost
EPS/Mkt Price
OI/(OI-int exp-(pref stk/(1-tax))

29. Cash Flow
Cash + Marketable Securites + Accounts Recievable/Current Liabilities
Standard Deviation/ Expected RR
Ops Cash Flow/CL
365/Inv TO

30. EOQ sqrt (2FD/C)
NI/Ave TE
COGS/ Ave Inventory
TD/E
F = Marginal Cost - D =Demand - C = Carrying Cost

31. P/E Ratio
Mkt Price/EPS
F = Marginal Cost - D =Demand - C = Carrying Cost
Dividends per share/mkt price
(CA-CL)/TA

32. Book Value
F = Marginal Cost - D =Demand - C = Carrying Cost
Assets/Equity
EBIT/TA
(TE - P.S Equity) / # common shares

33. Sustainable Growth
ROE(1-div payout)
OI/(OI-int exp-(pref stk/(1-tax))
Usage Rate*Lead Time + Safety Stock
365/Inv TO

34. Cash Ratio
Cash + Marketable Securities/Current Liabilities
EBIT/TA
Dividend/EPS
Usage Rate*Lead Time + Safety Stock

35. Quick Ratio
TD/TA
Usage Rate*Lead Time + Safety Stock
Cash + Marketable Securites + Accounts Recievable/Current Liabilities
EBIT/TA

36. Working Capital
OI/(OI-int exp-(pref stk/(1-tax))
Current Assets - Current Liabilities
Cash + Marketable Securites + Accounts Recievable/Current Liabilities
EBIT/TA

37. Days Sales in A/R
Sales in A/R + Days Sales in Inventory
EBIT/TA
365/A/R TO
OI/(OI-int exp-(pref stk/(1-tax))

38. EPS
NI/Sales Sales/Ave TA or Net Profit Margin Asset TO
Ops Cash Flow/CL
NI - pref dividends/weighted ave common shares
TD/E

39. Dividend Payout Ratio
NI/Ave TE
Dividend/EPS
EPS/Mkt Price
NI/Sales