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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. Total Asset TO
Current Assets - Current Liabilities
Dividends per share/mkt price
Net Sales/ Ave TA
COGS/ Ave Inventory

2. Net Profit Margin
(TE - P.S Equity) / # common shares
TD/E
NI/Sales
Purchases/ Ave A/P

3. Dividend Yield
Dividends per share/mkt price
EBIT/TA
F = Marginal Cost - D =Demand - C = Carrying Cost
NI - pref dividends/weighted ave common shares

4. Times Interest Earned
COGS/ Ave Inventory
Cash + Marketable Securites + Accounts Recievable/Current Liabilities
NI/Ave TA Asset/Equity or ROA Financial Leverage
EBIT/Interest Expense

5. EPS
NI - pref dividends/weighted ave common shares
Expected Stock Out Cost + Carrying Cost
Standard Deviation/ Expected RR
Mkt Price/EPS

6. Quick Ratio
NI/Ave TA Asset/Equity or ROA Financial Leverage
Usage Rate*Lead Time + Safety Stock
Cash + Marketable Securites + Accounts Recievable/Current Liabilities
365/Inv TO

7. Operating Cycle Days
Operating Cycle - Days Purch in payable
NI/Ave TA
Standard Deviation/ Expected RR
Sales in A/R + Days Sales in Inventory

8. ROI
Dividends per share/mkt price
Sales in A/R + Days Sales in Inventory
EBIT/TA
Assets/Equity

9. Days Sales in Inventory
EBIT/Interest Expense
NI - pref dividends/weighted ave common shares
Market Price/Book Value
365/Inv TO

10. EOQ sqrt (2FD/C)
TD/E
Ops Cash Flow/CL
Net Sales/ Ave TA
F = Marginal Cost - D =Demand - C = Carrying Cost

11. A/R Turnover
Expected Stock Out Cost + Carrying Cost
Credit Sales/ Ave A/R
Usage Rate*Lead Time + Safety Stock
Cash + Marketable Securites + Accounts Recievable/Current Liabilities

12. Book Value
ROE(1-div payout)
TD/TA
(TE - P.S Equity) / # common shares
Ops Cash Flow/CL

13. ROP UL + SS
Usage Rate*Lead Time + Safety Stock
CA/CL
365/Inv TO
ROE(1-div payout)

14. ROE
NI/Ave TE
NI/Sales
OI/(OI-int exp-(pref stk/(1-tax))
NI/Sales Sales/Ave TA or Net Profit Margin Asset TO

15. Working Capital
EBIT/TA
Cash + Marketable Securites + Accounts Recievable/Current Liabilities
NI/Ave TE
Current Assets - Current Liabilities

16. Earnings Yield
Dividends per share/mkt price
F = Marginal Cost - D =Demand - C = Carrying Cost
NI/Ave TA Asset/Equity or ROA Financial Leverage
EPS/Mkt Price

17. Cash Cycle
NI/Ave TA
NI/Ave TE
Sales in A/R + Days Sales in Inventory
Operating Cycle - Days Purch in payable

18. Dupont ROA
Operating Cycle - Days Purch in payable
NI/Ave TA
(CA-CL)/TA
NI/Sales Sales/Ave TA or Net Profit Margin Asset TO

19. Current Ratio
CA/CL
NI/Ave TE
Ops Cash Flow/CL
(CA-CL)/TA

20. Days Purchased in AP
Ave A/P / Credit Purch * 365
Current Assets - Current Liabilities
Cash + Marketable Securites + Accounts Recievable/Current Liabilities
NI/Ave TA Asset/Equity or ROA Financial Leverage

21. Cash Flow
F = Marginal Cost - D =Demand - C = Carrying Cost
Ops Cash Flow/CL
NI/Sales
Current Assets - Current Liabilities

22. Inventory Turnover
NI/Ave TE
COGS/ Ave Inventory
EBIT/Interest Expense
OI/(OI-int exp-(pref stk/(1-tax))

23. Days Sales in A/R
365/A/R TO
Dividend/EPS
EPS/Mkt Price
(CA-CL)/TA

24. Sustainable Growth
(TE - P.S Equity) / # common shares
Dividends per share/mkt price
ROE(1-div payout)
Ops Cash Flow/CL

25. Degree of Financial Leverage
Usage Rate*Lead Time + Safety Stock
OI/(OI-int exp-(pref stk/(1-tax))
365/Inv TO
Operating Cycle - Days Purch in payable

26. Debt to Equity
NI/Ave TE
Cash + Marketable Securites + Accounts Recievable/Current Liabilities
Ops Cash Flow/CL
TD/E

27. Cost of Carrying Safety Stock
NI/Ave TA Asset/Equity or ROA Financial Leverage
Cash + Marketable Securites + Accounts Recievable/Current Liabilities
Purchases/ Ave A/P
Expected Stock Out Cost + Carrying Cost

28. Net Working Capital Ratio
(CA-CL)/TA
NI/Ave TE
Operating Cycle - Days Purch in payable
EBIT/Interest Expense

29. Degree of Operating Leverage
CM/OI
Sales in A/R + Days Sales in Inventory
Credit Sales/ Ave A/R
Current Assets - Current Liabilities

30. Coefficient of Variation
TD/TA
Standard Deviation/ Expected RR
Net Sales/ Ave TA
NI/Ave TE

31. Dupont ROE
NI - pref dividends/weighted ave common shares
TD/TA
Operating Cycle - Days Purch in payable
NI/Ave TA Asset/Equity or ROA Financial Leverage

32. Financial Leverage
EBIT/TA
Assets/Equity
F = Marginal Cost - D =Demand - C = Carrying Cost
Credit Sales/ Ave A/R

33. Dividend Payout Ratio
Cash + Marketable Securites + Accounts Recievable/Current Liabilities
NI/Ave TA
Dividend/EPS
NI/Sales

34. Debt to TA
365/A/R TO
Net Sales/ Ave TA
NI/Sales Sales/Ave TA or Net Profit Margin Asset TO
TD/TA

35. A/P Turnover
365/A/R TO
NI/Sales Sales/Ave TA or Net Profit Margin Asset TO
Purchases/ Ave A/P
Current Assets - Current Liabilities

36. ROA
NI/Ave TA
TD/TA
ROE(1-div payout)
TD/E

37. mkt/book
EBIT/Interest Expense
365/Inv TO
Market Price/Book Value
Usage Rate*Lead Time + Safety Stock

38. Cash Ratio
Cash + Marketable Securities/Current Liabilities
Ave A/P / Credit Purch * 365
Current Assets - Current Liabilities
NI/Sales

39. P/E Ratio
Sales in A/R + Days Sales in Inventory
Mkt Price/EPS
NI/Ave TE
CM/OI