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