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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. Days Sales in Inventory
NI - pref dividends/weighted ave common shares
365/Inv TO
F = Marginal Cost - D =Demand - C = Carrying Cost
CM/OI

2. Dividend Yield
CM/OI
Market Price/Book Value
Dividends per share/mkt price
NI/Sales

3. Quick Ratio
Usage Rate*Lead Time + Safety Stock
Credit Sales/ Ave A/R
Cash + Marketable Securites + Accounts Recievable/Current Liabilities
EPS/Mkt Price

4. Financial Leverage
Current Assets - Current Liabilities
365/Inv TO
Standard Deviation/ Expected RR
Assets/Equity

5. Net Working Capital Ratio
EPS/Mkt Price
(CA-CL)/TA
Standard Deviation/ Expected RR
(TE - P.S Equity) / # common shares

6. A/P Turnover
Mkt Price/EPS
Purchases/ Ave A/P
EPS/Mkt Price
Market Price/Book Value

7. Earnings Yield
TD/TA
EPS/Mkt Price
Purchases/ Ave A/P
F = Marginal Cost - D =Demand - C = Carrying Cost

8. EOQ sqrt (2FD/C)
F = Marginal Cost - D =Demand - C = Carrying Cost
NI/Sales Sales/Ave TA or Net Profit Margin Asset TO
Operating Cycle - Days Purch in payable
Expected Stock Out Cost + Carrying Cost

9. Debt to Equity
TD/E
CM/OI
Dividend/EPS
Dividends per share/mkt price

10. Book Value
Cash + Marketable Securities/Current Liabilities
CA/CL
NI/Ave TE
(TE - P.S Equity) / # common shares

11. Degree of Financial Leverage
Dividends per share/mkt price
Cash + Marketable Securities/Current Liabilities
EBIT/TA
OI/(OI-int exp-(pref stk/(1-tax))

12. Dupont ROA
Net Sales/ Ave TA
COGS/ Ave Inventory
TD/TA
NI/Sales Sales/Ave TA or Net Profit Margin Asset TO

13. Coefficient of Variation
Cash + Marketable Securities/Current Liabilities
Standard Deviation/ Expected RR
EBIT/TA
NI/Ave TA Asset/Equity or ROA Financial Leverage

14. ROA
EBIT/Interest Expense
NI/Ave TA
Dividend/EPS
NI/Sales Sales/Ave TA or Net Profit Margin Asset TO

15. Times Interest Earned
EBIT/TA
EBIT/Interest Expense
Market Price/Book Value
Cash + Marketable Securites + Accounts Recievable/Current Liabilities

16. Operating Cycle Days
EPS/Mkt Price
Current Assets - Current Liabilities
Sales in A/R + Days Sales in Inventory
CM/OI

17. Cash Ratio
Sales in A/R + Days Sales in Inventory
EBIT/TA
Cash + Marketable Securities/Current Liabilities
Operating Cycle - Days Purch in payable

18. EPS
365/Inv TO
Cash + Marketable Securites + Accounts Recievable/Current Liabilities
OI/(OI-int exp-(pref stk/(1-tax))
NI - pref dividends/weighted ave common shares

19. Cost of Carrying Safety Stock
Ops Cash Flow/CL
NI/Ave TE
Expected Stock Out Cost + Carrying Cost
Purchases/ Ave A/P

20. Cash Cycle
Market Price/Book Value
Operating Cycle - Days Purch in payable
EPS/Mkt Price
Current Assets - Current Liabilities

21. mkt/book
365/A/R TO
NI/Ave TA
Market Price/Book Value
(CA-CL)/TA

22. Dividend Payout Ratio
Current Assets - Current Liabilities
Dividend/EPS
Dividends per share/mkt price
ROE(1-div payout)

23. Debt to TA
NI/Sales Sales/Ave TA or Net Profit Margin Asset TO
EPS/Mkt Price
EBIT/Interest Expense
TD/TA

24. Total Asset TO
Ave A/P / Credit Purch * 365
OI/(OI-int exp-(pref stk/(1-tax))
EBIT/TA
Net Sales/ Ave TA

25. ROE
Purchases/ Ave A/P
Operating Cycle - Days Purch in payable
NI/Ave TE
Sales in A/R + Days Sales in Inventory

26. Cash Flow
Usage Rate*Lead Time + Safety Stock
Ops Cash Flow/CL
EBIT/Interest Expense
NI/Ave TA

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

28. Days Purchased in AP
Ave A/P / Credit Purch * 365
Dividend/EPS
F = Marginal Cost - D =Demand - C = Carrying Cost
Sales in A/R + Days Sales in Inventory

29. Current Ratio
CA/CL
EBIT/TA
Credit Sales/ Ave A/R
365/A/R TO

30. Net Profit Margin
NI/Sales
Expected Stock Out Cost + Carrying Cost
TD/E
NI/Ave TA

31. A/R Turnover
TD/E
Credit Sales/ Ave A/R
Mkt Price/EPS
Dividends per share/mkt price

32. ROI
EBIT/TA
Ave A/P / Credit Purch * 365
NI/Ave TE
Dividend/EPS

33. Days Sales in A/R
365/A/R TO
TD/TA
Assets/Equity
(TE - P.S Equity) / # common shares

34. Working Capital
Cash + Marketable Securities/Current Liabilities
Current Assets - Current Liabilities
NI - pref dividends/weighted ave common shares
Dividend/EPS

35. Dupont ROE
NI/Ave TA Asset/Equity or ROA Financial Leverage
(CA-CL)/TA
Sales in A/R + Days Sales in Inventory
Assets/Equity

36. Sustainable Growth
NI/Ave TA Asset/Equity or ROA Financial Leverage
ROE(1-div payout)
Net Sales/ Ave TA
(CA-CL)/TA

37. Degree of Operating Leverage
Mkt Price/EPS
Current Assets - Current Liabilities
F = Marginal Cost - D =Demand - C = Carrying Cost
CM/OI

38. ROP UL + SS
Usage Rate*Lead Time + Safety Stock
EBIT/TA
Ave A/P / Credit Purch * 365
Expected Stock Out Cost + Carrying Cost

39. P/E Ratio
Operating Cycle - Days Purch in payable
Mkt Price/EPS
Usage Rate*Lead Time + Safety Stock
Cash + Marketable Securities/Current Liabilities